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Mixed-use Commercial property for sale 1977 S 5th St 2,540 SF 61% Leased Office Building Allentown, PA 18103 $525,000 ($206.69/SF)



Executive Summary
Mixed-use Commercial property for sale in Allentown, PA. This unique +/- 2,540 SF building offers a combination of ground-level office and residential space. Making it a great investment opportunity for owner-occupants or investors seeking multiple income streams. The first floor is currently configured as a dental office featuring a reception area, multiple treatment rooms with existing dental equipment, private offices, and additional workspace. The layout offers flexibility for dental practices, medical offices, and a variety of professional office uses. The second and third floors offer a total of 3-bedroom apartments and a one-bedroom studio. Both apartments are fully functional, with full kitchens and bathrooms. The apartments are not separately metered and would need to be metered to maximize profit. The building was fully renovated and is also available for lease. Located on South 5th Street with Easy access to W Emmaus, Route 145, 309, and RT 78.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,540 SF
Building Class
C
Year Built
1890
Price
$525,000
Price Per SF
$206.69
Percent Leased
61%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
847 SF
Building FAR
0.21
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
B-3
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,000 SF | Office | - | Now |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 640651766245-1 | Improvements Assessment | $131,400 |
| Land Assessment | $34,800 | Total Assessment | $166,200 |
Property Taxes
Parcel Number
640651766245-1
Land Assessment
$34,800
Improvements Assessment
$131,400
Total Assessment
$166,200
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Mixed-use Commercial property for sale | 1977 S 5th St
