456 Union BlvdAllentown, PA 18109

Property Details for 456 Union Blvd

Year built

1966

Lot size

0.52 AC

Property size (Sq ft)

6,000 SF

Zone code

B-3

Property type

Office properties

Property subtype

Office buildings

APN

640767007681-1

APU

6407670076811

Description

This exceptional 4,788-square-foot flex space in Allentown, Pennsylvania, is ideally suited for a variety of businesses. Located at 456 Union Blvd, this single-tenant property offers a versatile layout within a two-story building. The space includes one loading dock and one drive-in door, providing convenient access for loading and unloading. The garage-style access point measures 7'8" wide by 7'3" tall, with two additional first-floor entry doors. Ample parking is available with 50 spaces. The property is equipped with gas forced-air heating and a gas water heater. Utilities are currently shared with the upper level, but the possibility of separate metering can be discussed. Note that the freight elevator is not operational, however, an external lift serves as a functional loading dock. Security cameras are installed, though they are currently shared with the upper level. This Lehigh County property is situated in the 18109 zip code and presents a fantastic opportunity for businesses seeking a well-located and functional industrial or flex space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,490,493

  6.5%

  $1,375,840

  7%

  $1,277,565

• Comparable approach

  Method

  Valuation

  Relative Method

  $789,230

  Geo Method

  $783,960

• Alternative Use

  Use

  Valuation

  Residential

  $1,706,041

  Hospitality

  $1,562,725

  Educational

  $1,300,168

  Medical

  $1,344,883

  Retail

  $2,022,484

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.62

Longitude

-75.4527

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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