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2304 S 5th St 7,055 SF Retail Building Allentown, PA 18103 $849,900 ($120.47/SF)
Investment Highlights
- Well-maintained and Move-In Ready
- Excellent Opportunity for Daycare Owner/Operator
- Recent Capital Improvements
Executive Summary
Well-maintained daycare facility offered for sale, ideal for an owner-operator seeking a purpose-built early childhood property. The offering includes three freestanding structures situated on a fully fenced 0.34- acre lot, thoughtfully designed to accommodate children from infant and toddler care through school-age programs. Each building is individually configured to support the specific needs, layouts, and safety requirements of its designated age group. The property features a dedicated outdoor play area with installed play equipment and structures. Recent capital improvements have been made to the buildings, including new windows, upgraded electrical panels, kitchen enhancements in the main building, and an improved smoke detection system, among other updates. A unique pass-through drive allows a small bus or transportation van to enter and exit the fenced property, streamlining access and improving safety during school-age drop-off and pick-up. This offering is for Real Estate Only; daycare business and license are not included in the sale. Current business utilizes 13 parking spaces on an adjacent lot that is not included in the Sale, but future use can be negotiated with property owner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,055 SF
Building Class
C
Year Built
1971
Price
$849,900
Price Per SF
$120.47
Tenancy
Single
Building Height
2 Stories
Building FAR
0.19
Lot Size
0.87 AC
Zoning
R-L - Residential
Parking
20 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $329,700 | |
| Land Assessment | $119,800 | Total Assessment | $449,500 |
Property Taxes
Parcel Numbers
Land Assessment
$119,800
Improvements Assessment
$329,700
Total Assessment
$449,500
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2304 S 5th St
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