401 Walnut StAllentown, PA 18102
- Office properties
- 8,187 SF
Property Details for 401 Walnut St
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 8,187 SF
- Zone code
- B-2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 640720863167-1
- APU
- 6407208631671
Description
This charming 300-square-foot office space, located in a three-story building at Unit #22, is perfect for a single tenant seeking a private and efficient workspace. The space features a locked closet with deep shelving, ideal for storage. Rent includes access to two on-site conference rooms, ample parking, all utilities, high-speed internet, and a private mailbox. The office boasts great electrical outlets and an air conditioner. Building access is available 24/7 via an electronic entry system. Restrooms are conveniently located within the building. The building is entirely non-smoking. This location offers exceptional walkability to the Allentown Courthouse, City Hall, and numerous downtown amenities, including restaurants and shops. The total building size is 8,187 square feet. Please note that this space is not suitable for salon-type businesses or daycares, and cannot be used as a residential apartment. The space is available immediately. Similar offices in the area rent for significantly higher prices.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,033,778
- 6.5%
- $1,877,333
- 7%
- $1,743,238
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,076,904
- Geo Method
- $1,069,713
-
Alternative Use
- Use
- Valuation
- Residential
- $2,327,893
- Hospitality
- $2,132,338
- Educational
- $1,774,080
- Medical
- $1,835,093
- Retail
- $2,759,680
Location Insight
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Latitude
- 40.6027
- Longitude
- -75.4653
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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