Property Description

Fully-Leased Industrial Investment Property Near Allentowns Waterfront Development. 15,467 SF Industrial Building | 100% Leased | $121,000 Gross Income. Heres your chance to own a fully-tenanted, income-producing industrial property in one of Allentowns most exciting growth corridorsjust steps from the new Waterfront redevelopment and American Parkway. ?? Property Highlights: 100% leased with diversified tenant mix, $121,000 gross annual income, All-brick, corner-lot building with excellent visibility, 14 ceilings, ideal for warehousing, wholesaling, light manufacturing, or storage, Second floor at dock height with direct accessperfect for logistics and flexibility. First floor divided into three leased spaces: 3,500 SF, 2,000 SF, and 2,500 SF. Upper level leased to single tenant. Secure and well-maintained property with solid upside. ?? Bonus Value-Add Opportunity: Owner has plans for an additional 8,000 SF expansion (subject to City approval), making this a rare combination of steady cash flow and future potential. ?? Strategic Location: Minutes from Route 22, I-78, and the Lehigh Valleys major distribution routes. Near the fast-developing Waterfront District, making this an ideal long-term hold. Whether you're an investor seeking stable income or a 1031 exchange buyer looking for growth potential, this property checks all the boxes.