Fully-Leased Industrial Investment Property Near Allentown's Waterfront Development. 15,467 SF Industrial Building | 100% Leased | $121,000 Gross Income. Here's your chance to own a fully-tenanted, income-producing industrial property in one of Allentown's most exciting growth corridors-just steps from the new Waterfront redevelopment and American Parkway. ?? Property Highlights: 100% leased with diversified tenant mix, $121,000 gross annual income, All-brick, corner-lot building with excellent visibility, 14' ceilings, ideal for warehousing, wholesaling, light manufacturing, or storage, Second floor at dock height with direct access-perfect for logistics and flexibility. First floor divided into three leased spaces: 3,500 SF, 2,000 SF, and 2,500 SF. Upper level leased to single tenant. Secure and well-maintained property with solid upside. ?? Bonus Value-Add Opportunity: Owner has plans for an additional 8,000 SF expansion (subject to City approval), making this a rare combination of steady cash flow and future potential. ?? Strategic Location: Minutes from Route 22, I-78, and the Lehigh Valley's major distribution routes. Near the fast-developing Waterfront District, making this an ideal long-term hold. Whether you're an investor seeking stable income or a 1031 exchange buyer looking for growth potential, this property checks all the boxes.
- Additional MLS: 751963
- Age: Over 50 Years Old
- Building Area: 15844.00 SF
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 38724 Sq. Ft.
- MLSID: 751963
- Parking Places: 0
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Taxes: $7864.00
- Year Built: 1900
- Zoning: B/Li