701 Jordan, 18102, Allentown City, PA
701 Jordan, 18102, Allentown City, PA
$649,900
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.
701 Jordan, 18102, Allentown City, PA