607 N 7th St | Allentown, PA 18102
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607 N 7th St
Allentown, PA 18102
607 N 7th St, Allentown, PA 18102 · Retail Property For Sale
Investment Highlights
- 607 N 7th Street is in close proximity to many retailers including Boys & Girls Club, Krispy Krunchy Chicken, Germania‘s Jeans and many more.
- strategically located on N 7th Street in downtown Allentown within minutes to the Lehigh Valley interchange of the PA Turnpike’s Northeast Extension
Executive Summary
• 607 N 7th Street is located in Allentown, along Route 145 in downtown Allentown. Built in 1933, with brick exterior, this asset is a row
located on a 0.05 acre lot, on a busy retail corridor. The mixed use property is 7,576 SF building with four leased apartments and a
tenant in place for the first floor retail space. The retail space is currently occupied by the owner of the building, they wish to sell the
building and lease the first-floor retail space from the future owner.
• Located on a highly walkable street, with incredible visibility, less than 2 miles from the Lehigh Valley Mall and the Route 145 retail
corridor. Public transportation is in close proximity making it easy for residents to access the major cities in the Lehigh Valley; Allentown
- Bethlehem-Easton.
located on a 0.05 acre lot, on a busy retail corridor. The mixed use property is 7,576 SF building with four leased apartments and a
tenant in place for the first floor retail space. The retail space is currently occupied by the owner of the building, they wish to sell the
building and lease the first-floor retail space from the future owner.
• Located on a highly walkable street, with incredible visibility, less than 2 miles from the Lehigh Valley Mall and the Route 145 retail
corridor. Public transportation is in close proximity making it easy for residents to access the major cities in the Lehigh Valley; Allentown
- Bethlehem-Easton.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
7,576 SF
Year Built
1933
Net Initial Yield
10%
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
3.00
Lot Size
0.06 AC
Zoning
B1/R - Business
PROPERTY TAXES
| Parcel Number | 549793953224-1 | Improvements Assessment | £164,832 |
| Land Assessment | £12,752 | Total Assessment | £177,584 |
PROPERTY TAXES
Parcel Number
549793953224-1
Land Assessment
£12,752
Improvements Assessment
£164,832
Total Assessment
£177,584
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