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BHHS Fox & Roach Pennsylvania ALLENTOWN 18102 1201 MARTIN LUTHER KING DR

1201 MARTIN LUTHER KING DR
ALLENTOWN, PA 18102

$429,900 
  • -- Beds
  • -- Baths
  • 25,710 sqft
  • Commercial | Industrial
  • Available
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Property Description for 1201 MARTIN LUTHER KING DR, ALLENTOWN PA 18102

Excellent commercial investment opportunity!!! Former Dauefer Brewery converted into multi tenant warehouse space consisting of multiple buildings and additional residential apartment. Several improvements have been made including new roofs, windows, upgraded electric, plumbing, and heat systems. Property is currently fully occupied with rent increases coming due 6/1/17. All have electric paid by tenants; some have heat and bathrooms. This property will be sold with a Clear certificate of Occupancy from the City of Allentown.

  • Property Class: Commercial
  • Listing Status: Available
  • City: ALLENTOWN
  • State: PA
  • Zip: 18102
  • Area: 13 – Allentown-Central
  • County: Lehigh
  • Class: Commercial
  • Property Subtype: Industrial
  • Approx Lot Size: 0.815
  • Baths (F/H): -- / --
  • Living Area (SqFt): 25,710 sqft
  • Lot Sq Ft Apx: 35501
  • Year Built: 1900
  • Listing#: 545825
  • School District: Allentown
  • Association: Lehigh Valley MLS
  • List Date: 5/8/2017
  • Last updated on: 9/21/2017

Property Features for 1201 MARTIN LUTHER KING DR, ALLENTOWN PA 18102

  • Location: Corner
  • Property Sub Type Category: Industrial
  • Surface Type: Black Top
  • Utilities: Gas Available, 3 Phase, 50-200 Amp
  • Construction: Brick
  • Level: Multi
  • Road: City Road
  • Sewer: Public
  • Water: Public
  • Cooling: None
  • Roof: Flat, Other
  • Parking: On Site
  • Miscellaneous: Concrete Floor

Additional Information for 1201 MARTIN LUTHER KING DR, ALLENTOWN PA 18102

  • School District: Allentown
  • Lot Size Source: Tax Records
  • Net Income: 45610.00
  • Gross Income: 62160.00
Courtesy of BETTERHOMES&GARDENSRE/CASSIDON
Copyright 2017, Lehigh Valley AOR. All Rights Reserved.
Based on information from the Lehigh Valley Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed.