1005-1009 Union Blvd - Freestanding FOR SALE


Allentown, PA 18109- East Allentown
$999,000 USD
1005-1009 Union Blvd, Allentown, PA for Sale
$999,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

1005-1009 Union Blvd
Allentown, PA 18109
East Allentown


OVERVIEW

Investment opportunity available for sale. This +/- 4,228 SF building is occupied by the district court for a 5-year lease with a 5-year option, on a gross lease with yearly increases. The existing tenant has completed 5 years and has signed another long-term lease, with no plans to move. The building was fully renovated 5 years ago and is meticulously maintained by the landlord—great investment for 1031 Exchange, or Cash buyers. Located on busy Union Blvd, just minutes from the upcoming $425 million Waterfront development — a vibrant 29-acre project on the Lehigh River’s western bank. This exciting project will feature Class A office buildings, upscale apartments, restaurants, and green spaces — all poised to boost foot traffic and business growth. The property is zoned B-3 Highway Business, which allows many uses or redevelopment once the remaining term expires. Call today for more information

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,647 SF

ZONING

B-3

APN/PARCEL ID

640798278583-1

ASK ABOUT THIS PROPERTY

Ayon CodnerKeller Williams- Ayon Codner TeamMore Info

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