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746 Union St - .50 +/- ACRE PAD SITE SALE OR LEASE 0.5 Acres of Commercial Land Offered at $1,790,000 in Allentown, PA 18101
Executive Summary
746 W Union Street, Allentown is conveniently in the heart of Downtown Allentown. This premier .5 +/- Acres developable pad site / building lot is within one block from the Neighborhood Improvement Zone and $1.0 Billion of new development in the downtown. This property is currently zoned for High Density Residential and is eligible to be transferred into the highly lucrative NIZ tax zone. The property is also located in the Federal Opportunity Zone. Do not miss this opportunity to invest in the fastesr growing metropolitan city in Pennsylvania.
Property Facts
| Price | $1,790,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.50 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-H | ||
| Price | $1,790,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.50 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | R-H |
1 Lot Available
Lot
| Price | $1,790,000 | Lot Size | 0.50 AC |
| Price Per AC | $3,580,000.00 |
| Price | $1,790,000 |
| Price Per AC | $3,580,000.00 |
| Lot Size | 0.50 AC |
Description
746 W Union Street, Allentown is conveniently in the heart of Downtown Allentown. This premier .5 +/- Acres developable pad site / building lot is within one block from the Neighborhood Improvement Zone and $1.0 Billion of new development in the downtown. This property is currently zoned for High Density Residential and is eligible to be transferred into the highly lucrative NIZ tax zone. The property is also located in the Federal Opportunity Zone. Do not miss this opportunity to invest in the fast growing metropolitan city in Pennsylvania. Owner will consider land lease or build to suite as well as sale.
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Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 640619007717-1 | Improvements Assessment | $76,800 |
| Land Assessment | $96,000 | Total Assessment | $172,800 |
Property Taxes
Parcel Number
640619007717-1
Land Assessment
$96,000
Improvements Assessment
$76,800
Total Assessment
$172,800
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746 Union St - .50 +/- ACRE PAD SITE SALE OR LEASE