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701 N Jordan ST Allentown City, PA 18102
4,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $157
MLS Listing ID 779784
HOA Y/N No
Year Built 1904
Annual Tax Amount $7,895
Lot Size 2,657 Sqft
Acres 0.061
Property Sub-Type Retail
Property Description
Two buildings on a single deed, five units, and a location just a few blocks from the Allentown Waterfront development already reshaping this corridor. This is the kind of mixed-use opportunity that does not come around often. Building 1 features a bar/restaurant plus two residential apartments above. Building 2 brings a mini mart and a third apartment with views overlooking center city Allentown. The commercial spaces will be delivered vacant of business operations, giving a new owner a clean slate to operate, re-lease, or explore alternative uses. Liquor license does not convey and must be obtained separately by the buyer.
One residential unit is vacant and ready for immediate occupancy. One is owner-occupied and will be delivered at closing. The third carries a one-year lease, putting cash flow in your pocket from day one. With three residential units and two commercial spaces, this property offers a diversified income mix that single-use assets simply cannot match. This property has been family-owned for generations. The current owner is ready to retire and motivated to close. Priced to move and full of potential. Do not let this one pass you by.
One residential unit is vacant and ready for immediate occupancy. One is owner-occupied and will be delivered at closing. The third carries a one-year lease, putting cash flow in your pocket from day one. With three residential units and two commercial spaces, this property offers a diversified income mix that single-use assets simply cannot match. This property has been family-owned for generations. The current owner is ready to retire and motivated to close. Priced to move and full of potential. Do not let this one pass you by.
Location
State PA
County Lehigh
Area Allentown-Central
Direction On 4th and Tilghman heading north, turn right onto Tilghman Street. The property is on your left at the corner of Tilghman and Jordan.
Interior
Cooling Wall/Window Unit(s)
Inclusions Real Estate Only
Fireplace No
Exterior
Water Access Desc Public
Street Surface Concrete
Building
Sewer Public Sewer
Water Public
Schools
School District Allentown
Others
Tax ID 640714779487-1
Special Listing Condition None
Listed by EXP Realty LLC