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Incredible redevelopment opportunity for a corner building on a large 30' x 230' lot only 2 blocks from the PPL center in the heart of Allentown's NIZ opportunity zone. This large 3 story building with off street parking may be reconfigured, or an investor or user may consider building a new project to take full advantage of all the benefits the opportunity zone offers. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone
| DAYS ON MARKET | 5 | LAST UPDATED | 6/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1930 | COMMUNITY | Allentown City (12302) |
| COUNTY | LEHIGH | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | ALLENTOWN |
|---|
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Allentown City (12302) |
| CONSTRUCTION | Brick |
| HEAT | Electric, Hot Water |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 30.00 x 230.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 7231 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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