Commercial Sale in Allentown City

$649,900

701 Jordan, 18102, Allentown City, PA

Commercial Sale for sale in Allentown City, 701 Jordan, 18102, 4120 m²

701 Jordan, 18102, Allentown City, PA

$649,900

4120
Type: Commercial Sale

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.

Location

701 Jordan, 18102, Allentown City, PA

Data

Object TypeCommercial Sale
Purchase Price$649,900
Living Space4120 m²
Plot Size246.84 m²
BathroomsN/A
Construction Year1904
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1904
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

Abdelaziz Nebbaki