1007 Union Boulevard Allentown City, PA 18109
Office
MLS #: 770061
Courtesy Of Keller Williams Real Estate
Property InformationDescription
Investment opportunity available for sale. This +/- 4,228 SF building is occupied by the district court for a 5-year lease with a 5-year option, on a gross lease with yearly increases. The existing tenant has completed 5 years and has signed another long-term lease, with no plans to move. The building was fully renovated 5 years ago and is meticulously maintained by the landlord-great investment for 1031 Exchange, or Cash buyers. Located on busy Union Blvd, just minutes from the upcoming $425 million Waterfront development - a vibrant 29-acre project on the Lehigh River's western bank. This exciting project will feature Class A office buildings, upscale apartments, restaurants, and green spaces - all poised to boost foot traffic and business growth. The property is zoned B-3 Highway Business, which allows many uses or redevelopment once the remaining term expires. Call today for more information
Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Masonry
- MLSID: 770061
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