Commercial
Half-Acre Pad Site in Downtown Allentown, Land Lease or Build to Suit
746 Union St, Allentown, PA
For RentContact for Price
0.50 AC
Lot Size
Contact
Joseph Paranee, Paranee Property Management
Property Highlights
- Available as a land lease or build to suit
- Half acre developable pad site in downtown Allentown
- One block from the Neighborhood Improvement Zone
- Eligible for transfer into the lucrative NIZ tax zone
- Located in a federal Opportunity Zone
- Terms negotiated per deal, contact broker to discuss
Property Details
746 W Union Street sits conveniently in the heart of downtown Allentown. This premier half acre developable pad site and building lot is within one block of the Neighborhood Improvement Zone and $1.0 billion of new development downtown.
The owner will consider a land lease or build to suit arrangement as well as an outright sale. Terms are negotiated per deal, so contact the listing broker to discuss.
The property is currently zoned R-H for high density residential and is eligible to be transferred into the highly lucrative NIZ tax zone. It is also located in a federal Opportunity Zone.
Property Facts
Property TypeCommercial
Property SubtypeLand / Vacant Land
ZoningR-H High Density Residential
Lot Size0.50 AC
Map
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Joseph Paranee, Paranee Property Management
