2304 S 5th St - Day Care Center FOR SALE


Allentown, PA 18103- Southside-Lehigh
$849,900 USD
610-264-0200
2304 S 5th St, Allentown, PA for Sale
$849,900 USD
Day Care Center - FOR SALE
1/7
null | Request Cap Rate

2304 S 5th St
Allentown, PA 18103
Southside-Lehigh


HIGHLIGHTS

  • Located in South Allentown with access to major thoroughfares
  • Opportunity for investment, user occupancy, or repositioning
  • Three separate multi-story buildings on a fenced 0.34 acre lot

OVERVIEW

The property currently features three multi-story buildings that have undergone significant improvements. Historically, it has been operated as a daycare, making it an attractive option for prospective users interested in maintaining a similar setup focused on childcare services. Additionally, the property presents an excellent opportunity for multifamily investors or those considering alternative permitted uses that may enhance the value of the site. Recent capital improvements have significantly upgraded the buildings. These enhancements include the installation of new, energy-efficient windows, which not only improve the aesthetics but also contribute to lower energy costs. Upgraded electrical panels have been added to ensure safety and accommodate modern electrical demands, while the kitchens have been renovated to meet contemporary standards, providing a functional space for food preparation and serving. Overall, this property combines a strategic location with substantial upgrades, making it a viable option for continued use as a daycare or as a multifamily residential development, appealing to a broad range of potential investors and operators.

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2304 S 5th St & W Emaus Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

W Emaus Ave

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

R-L

APN/PARCEL ID

640650692771-1,640651709707-1

ASK ABOUT THIS PROPERTY

Collin HolbenNAI SummitMore Info
610-264-0200

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Collin HolbenNAI SummitMore Info
610-264-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.