$700,000
Allentown, PA 18109
MLS# PM-130439
Status: Closed
6230 sqft
1 / 22
Property Description
Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with two overhead doors, high ceilings and 3 lifts. AAA single store tenant in regards to on-time payments and never a bother. One of the owners is a PA licensed real estate agent.
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Warehouse
Sold Price: $700,000
Current Price: $700,000
Status: Closed
Listing Contract Date: 2025-02-17
Location, Tax, and Legal
Parcel Number: 02 15 G10NE1B 005 003
Municipality: Allentown City
County Tax Amount: 1473.07
Municipal Tax Amount: 3336.47
School Tax Amount: 8824.06
Tax Annual Amount: 13633.6
Tax Assessed Value: 389700
Tax Year: 2024
Tax Map Number: 641749044474001
Deed Recording Date: 2020-12-28
Tax Legal Description: Property Address: 2113-2119 Union Blvd /Tile Number: 476102B/School District: Allentown School District
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 6230
Building Area Source: Public Records
Stories: 1
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 10
Lot Size Acres: 0.28
Water Body Access YN: No
List Price/SqFt: 122.79
Sold Price/SqFt: 112.36
Building Area Total: 6230
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with two overhead doors, high ceilings and 3 lifts. AAA single store tenant in regards to on-time payments and never a bother. One of the owners is a PA licensed real estate agent.
Location Tax and Legal
County: Lehigh
Street Number: 2113
Street Name: Union
Street Suffix: Boulevard
City (Post Office): Allentown
State: PA
Postal Code: 18109
Subdivision Name: None
Status Change Information
Price Change Timestamp: 2025-05-12T16:11:38Z
Purchase Contract Date: 2025-08-28
Close Date: 2025-10-09
Close Price: 700000
Property Features
Listing Office: KW Commercial - Blue Bell
Last Updated: October - 09 - 2025
Information deemed reliable but not guaranteed.