Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1005-1009 Union Blvd 5,978 SF Retail Building Allentown, PA 18109 $999,000 ($167.11/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,978 SF
Building Class
C
Year Built
1959
Price
$999,000
Price Per SF
$167.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.20 AC
Zoning
B-3
Parking
4 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
66’ on Union Blvd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Lehigh County Magisterial District Court 31-1-05
  • Public Administration
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Lehigh County Magisterial District Court 31-1-05 Public Administration - - -
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

D-BAT
Truist
Rent-A-Center
Planet Fitness
Waffle House
Starbucks
Chase
Red Robin Gourmet Burgers And Brews

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
640798278583-1
Land Assessment
$60,500
Improvements Assessment
$325,000
Total Assessment
$385,500
  • Listing ID: 39025962

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 1005-1009 Union Blvd, Allentown, PA 18109

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}