SVN | Imperial Realty presents a Mixed-Use Investment Opportunity at 2101 Liberty St., Allentown, PA 18103.
Click HERE to view property website.
OFFERING SUMMARY
Sale Price: $450,000 for real estate, $200,000 for liquor license
Pro Forma NOI: $49,758
Building Size: 6,944 SF
Renovated: 2006
Zoning: R-M, Medium Density Residential District
Market: Lehigh Valley
Submarket: West End Allentown
For more information, contact Tom Skeans at 484.245.1003 or tom.skeans@svn.com
Property:
2101 Liberty Street consists of 2 buildings and a parking lot. Desirable West End of Allentown. Just north of Muhlenberg College’s campus. The property includes 3-story Mixed Use building and a 540 SF 2 story garage with apartment. The first floor of the 3-story building is bar/retail space (full R liquor license available) while the second and third floors consist of two 2Br/1Ba apartments.
The 2-story building includes a one-car garage and a 1Br/1Ba apartment on the second floor. The buildings are masonry and have been clad with vinyl siding.
Location:
2101 is located in Allentown’s West End Theatre District; the theatre district is a wide-ranging mix of over 150 shops and businesses centered around the Civic Theatre of Allentown. The West End is located just minutes from the NIZ district, a billion dollar revitalized zone and the recent winner of ULI’s Global
Award for Excellence.
The property is located near retail, residential and several parks. 2101 Liberty St. is 0.6 mile from Allentown Fairgrounds Farmers Market and 0.9 mile from Lehigh Valley Hospital. The property has a solid neighborhood and college population to tap into – Muhlenberg College is located just 0.6 mile away. It is also near several parks including the Allentown Rose Gardens and Trexler Memorial Park. 2101 Liberty St. lies near several major highways – 2.6 miles off of Rte. US 22 Interstate and 4.1 miles from
Rte. 309/Interstate 78.
