1525 Hanover Avenue
Allentown City, PA 18109
- 4 beds
- 3.5 baths
- 4,515 sqft
- 5,096 sqft lot
- $121 per sqft
- 1915 build
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**Attention Investors & Business Owners** Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called *NORTHRIDGE*, projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
Listing courtesy of GLVR / RE/MAX Central - Center Valley
Last checked:
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Last updated Oct 31, 2024
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MLS# 734331 —
The Building
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Year Built:1915
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Year Built Exception:Unknown
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Construction:Brick, Stone, Stucco, Vinyl
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Stories:3.0
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SqFt:4,515 Sqft
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SqFt Source:Tax Records
Location
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Area:Allentown-East
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Detached, Mixed Use
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Zoning Code:B-3
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Lot Size Source:Tax Records
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Lot Dimensions:68x129
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Lot SqFt:5096
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Acres:0.117
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$8,168.81
Beds
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Bedrooms:4
Baths
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Baths:4
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Full Baths:3
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Half Baths:1
The Listing
Heating & Cooling
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Heat:No
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Cooling:Central AC
Utilities
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Water:Public
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Water/Sewer:2060
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Sewer:Public
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Gas:No
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Electric:456
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:5
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Garage:Attached, Built In, Off & On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/28/24
Jun 28, 2024
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Sold | GLVR | $550,000 | -15.4% |
5/22/24
May 22, 2024
|
Price Changed | GLVR | $650,000 | -5.1% |
4/8/24
Apr 8, 2024
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Price Changed | GLVR | $685,000 | -4.2% |