About This Home
This 0-bedroom, 0-bathroom commercial at 1007 Union Boulevard in Allentown, PA is listed for $749,900 ($177 per sqft). Built in 1959, the home offers 4,228 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1959
- 0.20 acre lot
Property Details
Amenities
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
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1007 Union Boulevard
Allentown, PA 18109
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1007 Union Boulevard is listed at $749,900 ($177/sqft). The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1959, 0.20 acre lot.
This property is listed by Ayon A Codner and can be reached at (610) 435-1800.
