1102-1104 HANOVER AVE new to site

Allentown,PA 18109

$ 650000

- Bed

- Bath

2876 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $226

MLS Listing ID PALH2010956

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $6,077

Tax Year 2022

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 40.00 x 120.00

Property Description

This free-standing corner commercial building offers a fantastic investment opportunity, featuring a prime location with the established retail business East Side Smoke Shop and two tenant-occupied apartments, generating steady income. The property boasts significant potential for business expansion, either by enlarging the current retail operation or introducing a new business venture in the retail space. The retail area is thoughtfully designed with a small kitchenette, restrooms, and dual entrances, providing convenience and flexibility. Additionally, it offers access to a partially finished basement, complete with office and storage space, enhancing its functionality. This versatile property is ideal for entrepreneurs and investors seeking an income-producing asset with growth potential.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning B-3

Interior

Hot Water Electric

Heating Radiator,Steam,Zoned

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility 2+ Access Exits,Level Entry - Main

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allentown

Others

Tax ID 641706238220-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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