1102 Hanover AVE Active

Allentown City,PA 18109

$ 650000

- Bed

- Bath

2876 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $226

MLS Listing ID 751517

Year Built 1925

Annual Tax Amount $6,076

Lot Size 4,791 Sqft

Property Sub-Type Retail

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-East

Interior

Heating Electric,Gas

Cooling Central Air,Zoned

Inclusions Real Estate/Business

Exterior

Parking Features Off Street,Parking Lot,Parking Pad,On Street

Building

Sewer Public Sewer

Water Public

Schools

School District Allentown

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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