$745,000 Price Analysis    ♡   Allentown, PA 18103 Unknown bed None bath unknown SqFt ($0/SqFt) Built 1890 Listed 2024-04-01 | Ⓧ USDA Ineligible due to location near Allentown |
This listing is for the sale of 2304 S 5th Street and includes 2321 S Alice Street.
This listing of these two parcels provides several opportunities for use and development. 2304 S 5th Street offers three buildings on 1/3 of an acre south of Emmaus Ave. The seller operated a daycare here for over 50 years and was truly a pillar of the community. Countless children from the community were provided an invaluable springboard for their early lives and the lives of their worki ng families. The daycare operated continuously until '22 and all structures were permitted for daycare and related activities. Outdoor play space is located in the center of the parcel and a fence enclosure surrounds the property.
The buildings include a 3, 328 SF daycare on two levels, the original home offers 2, 620 SF and the third building was used as a recreation building with 1, 040 SF. 2321 S Alice Street is a flat parcel immediately across the S. East alley-way from 2304 S 5th. This tree lined property served the neighborhood and the daycare as an idyllic recreation space. The zoning for both parcels is RL Low Density Residential providing the Buyer an option to make use of the property for daycare operations or consider residential development. Daycare business owners and savvy investors will see the potential and value in this sale. The 3 structures need varying amounts of renovation and the permitted daycare use is invaluable to a new ownr or for a daycare business as a tenant.
Presented by Peter Adams at
BHHS Fox & Roach Macungie.
Property MLS #735309 from LehighValley
Heating Features: Oil
Map directions Map directions Map directions Map directionsCounty: Lehigh
Directions: Emmaus Avenue, turn onto S 5th and property is on the right
Source Property Type: Investment Property
Area: Allentown-South
Source Neighborhood: Not in Development
Parcel Number: 640651709707001
Subdivision: Not in Development
Zoning: RL
Property Subtype: Commercial, Detached, Mixed Use
Source System Name: C2C
$745,000
LehighValley
Property Age: 134
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.