1513 Congress StAllentown, PA 18109

  • Office properties
  • 7,372 SF
For Lease
$12/SF/YR View listing

Property Details for 1513 Congress St

Year built
1969
Lot size
0.35 AC
Property size (Sq ft)
7,372 SF
Zone code
I-3
Property type
Office properties
Property subtype
Office buildings
APN
641810328607-1
APU
6418103286071

Description

This single-tenant industrial property, located at 1513 E Congress St in Allentown, PA 18109, offers 7,372 square feet of versatile flex space ideal for manufacturing or warehouse operations. Built in 1969 and extensively renovated in 2024, the building sits on a 0.35-acre lot (15,420 square feet) and features a 14-foot ceiling height. The property boasts one ground-level drive-in door and one dock-high door, providing convenient loading and unloading capabilities. Utilities include full public water, sewer, and natural gas, with 1-phase, 200-amp, 120-volt power. The property is zoned I3 - General Industrial and enjoys excellent access, situated just 1.5 miles from US-22. This well-maintained, single-story building presents a unique opportunity for businesses seeking a functional and strategically located industrial space in Allentown. The property's recent renovation ensures modern functionality and efficiency. Its convenient location and ample space make it an attractive option for a variety of industrial uses. The combination of drive-in and dock-high doors enhances operational flexibility. The property's zoning designation further supports its suitability for a range of industrial applications.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,831,319
    6.5%
    $1,690,448
    7%
    $1,569,702
  • Comparable approach

    Method
    Valuation
    Relative Method
    $969,700
    Geo Method
    $963,226
  • Alternative Use

    Use
    Valuation
    Residential
    $2,096,156
    Hospitality
    $1,920,068
    Educational
    $1,597,474
    Medical
    $1,652,413
    Retail
    $2,484,959
1513 Congress St, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6286
Longitude
-75.4336
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,549
$86,600
$298,700
$385,300
-
$86,600
$298,700
$385,300

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