Here’s a chance to own a real beauty in Allentown. This circa 1870, 6,931 square foot brick office building is not only exquisitely charming on the outside, it’s also loaded with potential on the inside. While there are two 2,500+/- office suites with long-term tenants (wishing to stay onboard), there are two additional spaces that would be perfect to convert to apartments, or outfitted as additional additional offices. Start by getting rid of the drop ceilings, and the rest will fall into place.
One of the most outstanding features of this real estate opportunity, would be the potential to build upon the 27 car parking lot. Pearl Street is one of the prized streets in all of Allentown, mainly because of its dense nature, and walkability. This parking lot is where the real opportunity knocks. Even if a small structure was to be built streetside, while retaining a few parking spaces towards the rear, it would be better than retaining the lot “as is.” The street would definitely benefit from some thoughtful infill, to capitalize on its true potential.
Historical Tax Credit Eligible
List price at $799,900.
Get connected: Nick Corto at Hunt | 716-854-5943
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