701 N Jordan ST, Allentown City, PA 18102
701 N Jordan ST, Allentown City, PA 18102
701 N Jordan ST, Allentown City, PA 18102
701 N Jordan ST, Allentown City, PA 18102
701 N Jordan ST, Allentown City, PA 18102
701 N Jordan ST, Allentown City, PA 18102
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Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 649,900
Est. payment | /mo

4,120 SqFt

Save
$ 649,900
Est. payment | /mo
Save

4,120 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,120 sqft

Price per Sqft $157

MLS Listing ID 779784

HOA Y/N No

Year Built 1904

Annual Tax Amount $7,895

Lot Size 2,657 Sqft

Acres 0.061

Property Sub-Type Retail

Property Description

Two buildings on a single deed, five units, and a location just a few blocks from the Allentown Waterfront development already reshaping this corridor. This is the kind of mixed-use opportunity that does not come around often. Building 1 features a bar/restaurant plus two residential apartments above. Building 2 brings a mini mart and a third apartment with views overlooking center city Allentown. The commercial spaces will be delivered vacant of business operations, giving a new owner a clean slate to operate, re-lease, or explore alternative uses. Liquor license does not convey and must be obtained separately by the buyer.
One residential unit is vacant and ready for immediate occupancy. One is owner-occupied and will be delivered at closing. The third carries a one-year lease, putting cash flow in your pocket from day one. With three residential units and two commercial spaces, this property offers a diversified income mix that single-use assets simply cannot match. This property has been family-owned for generations. The current owner is ready to retire and motivated to close. Priced to move and full of potential. Do not let this one pass you by.

Location

State PA

County Lehigh

Area Allentown-Central

Direction On 4th and Tilghman heading north, turn right onto Tilghman Street. The property is on your left at the corner of Tilghman and Jordan.

Interior

Cooling Wall/Window Unit(s)

Inclusions Real Estate Only

Fireplace No

Exterior

Water Access Desc Public

Street Surface Concrete

Building

Sewer Public Sewer

Water Public

Schools

School District Allentown

Others

Tax ID 640714779487-1

Special Listing Condition None

Listed by EXP Realty LLC

Nearby Locations

Heather McFadden

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania 18018, USA

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701 N Jordan ST