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Observe this street-level commercial storefront, featuring a classic bay window design and striped awning.

A commercial storefront with a green and white striped awning offers inviting entry to a local establishment.

This commercial kitchen showcases efficient stainless steel workstations and professional-grade cooking equipment.

This interior hallway features sleek flooring and a clear path, leading to cozy seating arrangements.

This interior hallway features a neutral palette and durable flooring, connecting functional areas within the space.

This functional kitchen storage area provides ample space for supplies and equipment.

A well-maintained hallway with textured walls and sleek dark doors.

Functional full bathroom with contemporary fixtures and wood-look tile flooring.

This dining area features multiple tables with built-in seating along a well-lit space leading to a service area.

Streamlined restaurant space ready for business with ample seating and serving areas.

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Description

Positioned in the heart of downtown Allentown within the highly sought-after NeighborhoodImprovement Zone (NIZ), . The location of this prominent four-story building, benefits from excellentvisibility, steady pedestrian flow, and proximity to major attractions, offices, and residentialdevelopments.Above the commercial space, the upper three floors present a rare value-add opportunity.Already wired, plumbed, and partially framed, these levels are primed for completion into nineresidential apartments-offering investors the ability to capitalize on the area's continued growthand demand for downtown living. With much of the heavy lifting already completed, thisproperty provides a streamlined path to generating additional rental income while leveraging thetax advantages and incentives associated with the NIZ.Whether you're an investor looking for upside potential or a developer looking to maximize returns in one of Pennsylvania's fastest-growing urban cores, this property delivers a compelling blend of stability, scalability, and location-driven value.*Business and Beer License are not included and are being sold separately. See MLS#777651

Details

Features

Parking

Taxes

MLS Number: 775692

Listing Provided By: Steve Walden – stevewalden@remax.net

RE/MAX Real Estate – (610) 770-9000 – joel@lehighvalleyhomes.com