2312 S 5th St

2312 S 5th St, Allentown, PA 18103

  • For Sale $895,000
  • Property Type Industrial - Storage
  • Property Size 11,685 SF
  • Units 39
  • Lot Size 0.3 Acre
  • Parking Spaces Avail. 6
  • Property Tenancy Multi-Tenant
  • Date Updated Feb 28, 2024
  • HVAC None
Allentown, PADiscover a lucrative investment opportunity offered by The Daniel Perich Group of KW Commercial Real Estate. Located in the heart of Allentown, this property features a 36-unit storage facility alongside three residential apartments. Spanning 11,685 square feet, the building presents immense potential with rents currently below market rates. The storage units, including 5x10 spaces, are competitively priced, offering immediate revenue growth potential. Additionally, all residential units boast electric heating and cooking, each with individual meters. Recent capital expenditures have enhanced the property's value, with all apartments undergoing renovations to attract discerning tenants.

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Attachments

Highlights

  • Located in the heart of Allentown, offering prime accessibility
  • Storage and residential rents currently below market rates
  • Competitive pricing for storage units, with potential for increased revenue
  • Residential units equipped with electric heating and cooking, each with individual meters
  • Recent capital expenditures to enhance property value
  • All apartments renovated, appealing to discerning tenants

Contacts

broker

Daniel Perich Group

KW Commercial, The Daniel Perich Group

(570) 213-4900

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Allentown, PA
  • Neighborhood Mountainville
  • Zip Code 18103
  • Market Allentown Bethlehem

Points of Interest

  • Cedar Creek Station

    3.97 miles

  • Lehigh Valley Transportation Services

    3.98 miles

  • Zephyr Station

    4.19 miles

  • Sunoco Gas Station

    0.64 miles

  • Exxon

    0.67 miles

  • SNK Fuels

    0.80 miles

  • Speedway

    1.25 miles

  • Wawa

    1.33 miles

  • Sunoco

    1.40 miles

  • Turkey Hill

    1.79 miles

  • Turkey Hill

    1.90 miles

  • Giant gas station

    1.91 miles

  • Pacific Pride

    2.04 miles

  • D&L Trail Parking

    1.65 miles

  • Germania Lot

    1.86 miles

  • Spring Garden Lot

    1.90 miles

  • Community Deck

    1.93 miles

  • Maple Street Deck

    1.96 miles

  • Government Deck

    2.02 miles

  • Farr Lot

    2.06 miles

  • ArtsWalk Deck

    2.07 miles

  • Strata Deck

    2.08 miles

  • Spiral Deck

    2.09 miles

  • Tipico

    0.09 miles

  • Dunkin' Donuts

    0.10 miles

  • Wendy's

    0.12 miles

  • Burger King

    0.14 miles

  • Checkers

    0.20 miles

  • Okis Grill & Lounge

    0.29 miles

  • KFC

    0.39 miles

  • Pizza Hut

    0.48 miles

  • New China Buffet

    0.57 miles

  • McDonald's

    0.74 miles

  • Price Rite

    0.55 miles

  • Jayden Grocery & Deli

    1.30 miles

  • Big Lots

    1.37 miles

  • Redner's

    1.40 miles

  • Giant Food Store

    1.88 miles

  • B & T Wholesale Inc

    2.08 miles

  • Alex Market

    2.34 miles

  • Ross

    2.49 miles

  • R & R Grocery & Deli

    2.53 miles

  • The Fresh Market

    2.57 miles

  • CVS Pharmacy

    0.18 miles

  • Walgreens

    0.33 miles

  • CVS Pharmacy

    1.36 miles

  • Narcotics Bereau Investigation

    1.58 miles

  • Allentown Police Department

    2.03 miles

  • Allentown Police Department

    2.09 miles

  • Star Wellness Family Practice - Sigal

    2.25 miles

  • St. Luke’s Sacred Heart Campus

    2.30 miles

  • Central Fire Station

    2.33 miles

  • 325 Medical Plaza

    2.34 miles

Frequently Asked Questions

What is the lease rate for 2312 S 5th St?

Rental asking rate at 2312 S 5th St is $447,500.00/YR.

What is the total square footage of 2312 S 5th St?

2312 S 5th St totals 11,685 square feet.

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Contact Listing Broker

broker

Daniel Perich Group

KW Commercial, The Daniel Perich Group

(570) 213-4900