Pennsylvania
Allentown City
1102 Hanover Avenue

$650,000

1102 Hanover Avenue, Allentown City, PA 18109

2,876 sqft

Commercial Property
Built in 1925
4,792sqft lot
—— car garage
$226/sqft
Listed 5 months ago

Property Description

This free-standing corner commercial building offers a fantastic investment opportunity, featuring a prime location with the established retail business East Side Smoke Shop and two tenant-occupied apartments, generating steady income. The property boasts significant potential for business expansion, either by enlarging the current retail operation or introducing a new business venture in the retail space. The retail area is thoughtfully designed with a small kitchenette, restrooms, and dual entrances, providing convenience and flexibility. Additionally, it offers access to a partially finished basement, complete with office and storage space, enhancing its functionality. This versatile property is ideal for entrepreneurs and investors seeking an income-producing asset with growth potential.

Listing Status:: Active
Listing Office:: Weichert Realtors - Allentown : (610) 395-4500
MLS ID:: 751517

A/C: Central AirZoned
Heating: ElectricGas

This listing courtesy of Weichert Realtors - Allentown

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ritter Elementary School

790 Plymouth St, Allentown, PA, 18109

Grades KG-5

0.36 miles away

Harrison-Morton Middle School

137 N 2nd St, Allentown, PA, 18101

Grades 6-8

1.36 miles away

Louis E. Dieruff High School

815 N Irving St, Allentown, PA, 18109

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.