1102 Hanover Ave Allentown, PA 18109

This exceptional free-standing mixed-use building at 1102 Hanover Avenue, Allentown, PA, presents a compelling investment opportunity. The property encompasses 2,876 square feet on a 0.11-acre lot and is currently priced at $650,000. The building's prime corner location houses the established East Side Smoke Shop, a retail business generating consistent income. Two additional tenant-occupied apartments contribute further to the property's strong cash flow. The retail space itself is well-appointed, featuring a small kitchenette, restrooms, and dual entrances for optimal functionality and customer convenience. A partially finished basement provides ample office and storage space, adding to the property's versatility and potential. This presents a significant opportunity for expansion, whether through enlarging the existing retail operation or introducing a new business venture within the existing retail space. The combination of established income streams from the retail business and rental apartments, coupled with the potential for future growth, makes this a highly attractive investment for discerning buyers seeking a strong return on investment in a desirable Allentown location. The property's strategic location and versatile layout offer significant potential for long-term growth and profitability.