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About This Home
This 0-bedroom, 0-bathroom commercial at 1007 UNION Boulevard in Allentown, PA is listed for $799,000. Built in 1959, on a 0.20 acres lot.
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
Key Features
- Built in 1959
- 0.20 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1007 UNION Boulevard
Allentown, PA 18109
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1007 UNION Boulevard is listed at $799,000. The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.20 acre lot, 4 parking spaces.
This property is listed by AYON Abraham CODNER and can be reached at 6104351800 or ayon811@kw.com.
