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741 N Cedar Crest Blvd 2,996 SF Retail Building Allentown, PA 18104 $2,200,000 ($734.31/SF)
EXECUTIVE SUMMARY
Turn-key gas station business opportunity on high-traffic Cedar Crest Blvd, just minutes from Route 22 and Route 78. This long-established operation offers fuel sales, convenience retail, lottery, and skill games, supported by a loyal customer base and steady daily traffic. Exceptional visibility and consistent performance make this an outstanding opportunity for both owner-operators and investors. A major upgrade to this offering: the land is now included. The property sits on a 19,471 SF commercial lot with a 1,933 SF building, giving buyers full ownership and long-term control of a highly desirable commercial corner in the heart of the Lehigh Valley. The site also offers expansion potential, including subletting, EV charging stations, corporate partnerships, or the addition of a drive-thru to capture even more daily traffic. Owners are motivated and open to discussing creative financing options for qualified buyers. The breakdown is 1.8 million for the land and 420,000 for the business. A rare chance to acquire both a proven gas station operation and the underlying real estate, offering stability, equity growth, and multiple paths for future expansion.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
2,996 SF
Building Class
C
Year Built
1960
Price
$2,200,000
Price Per SF
$734.31
Business Value
$400,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.34 AC
Zoning
NC - Nc-Neighborhood Commercia
Parking
11 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
150’ on Cedar Crest Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- -
CITGO Petroleum Corporation is a U.S.-based refiner, marketer and transporter of quality fuels and lubricants. CITGO's vision is to be a world benchmark corporation based on their sound success in the energy industry and their social development programs. Headquartered in Houston, Texas, CITGO Petroleum Corporation is owned by CITGO Holding, Inc.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Manufacturing | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 548658485653-1 | Improvements Assessment | $248,400 |
| Land Assessment | $222,200 | Total Assessment | $470,600 |
PROPERTY TAXES
Parcel Number
548658485653-1
Land Assessment
$222,200
Improvements Assessment
$248,400
Total Assessment
$470,600
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741 N Cedar Crest Blvd
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