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701-703 N Jordan St 4,120 SF 100% Leased Retail Building Allentown, PA 18102 $840,736 CAD ($204.06 CAD/SF)
Investment Highlights
- Vital location as this property is in the heart of Allentown with high foot traffic.
- Building#1 2 Story Converted 1st Floor Store - Apartments Building#2 Bar/Tavern 1st Floor - Apartments above
- Property split of two commercial spaces and three residential spaces.
- Property also features a full built commercial kitchen.
Executive Summary
Introducing 701 N Jordan St, Allentown, PA 18102 - An Exceptional Investment Opportunity! This remarkable property offers the perfect blend of commercial and residential spaces, presenting a unique chance for savvy investors. Boasting a prime location in the heart of Allentown, this 5-unit building showcases a store, bar, and three spacious apartments, ensuring a diverse and lucrative income potential. Investors, entrepreneurs, and real estate enthusiasts, don't miss out on this incredible chance to acquire a versatile property that offers multiple streams of income. Embrace the potential for significant returns and become a part of Allentown's thriving business and residential landscape. Act now and seize this rare opportunity! **DO NOT SHOW UP AT THE PROPERTY WITHOUT APPOINTMENT**
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$41,504
|
$10.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,504
|
$10.07
|
| Taxes |
$10,723
|
$2.60
|
| Operating Expenses |
$8,469
|
$2.06
|
| Total Expenses |
$19,192
|
$4.66
|
| Net Operating Income |
$22,312
|
$5.42
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $41,504 |
| Annual Per SF | $10.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $41,504 |
| Annual Per SF | $10.07 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,723 |
| Annual Per SF | $2.60 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,469 |
| Annual Per SF | $2.06 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $19,192 |
| Annual Per SF | $4.66 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $22,312 |
| Annual Per SF | $5.42 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,120 SF
Building Class
C
Year Built
1904
Price
$840,736 CAD
Price Per SF
$204.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.25
Lot Size
0.38 AC
Zoning
C - Zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services.
Frontage
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 640714779487-1 | Total Assessment | $338,919 CAD (2025) |
| Land Assessment | $14,515 CAD (2025) | Annual Taxes | $10,723 CAD ($2.60 CAD/SF) |
| Improvements Assessment | $324,404 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
640714779487-1
Land Assessment
$14,515 CAD (2025)
Improvements Assessment
$324,404 CAD (2025)
Total Assessment
$338,919 CAD (2025)
Annual Taxes
$10,723 CAD ($2.60 CAD/SF)
Tax Year
2023
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701-703 N Jordan St
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