2300 Hanover Ave ALLENTOWN

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new listing! 2300 Hanover Ave ALLENTOWN Please Lisa Meszler Lyon, Agent Contact: Direct +1 610 762 4301 • [email protected] 559 MAIN STREET, SUITE 300 • BETHLEHEM, PA 18018 • ALT-REALTY.NET Development Site ALTRealty has been retained as exclusive agent to arrange the sale of the development site at 2300 Hanover Avenue in the City of Allentown, Lehigh County, Pennsylvania. This site is the former home of the Bennett Toyota retail site. It consists of 8.85 acres of land and is ready for a new vision. The site sits on the Allentown-Bethlehem border. Vital Data 2300 Hanover Avenue offers many great possibilities for developers, Price $3,250,000 including retail, self storage, grocery, banking, and the possibility of multifamily Parcel size 8.85 acres (113,691 sq ft) along with front retail pad with exposure on Hanover Avenue. Please be sure to Zoning B-3 check with zoning on proposed usage. Traffic Count Hanover Ave 17,069 W Broad St 12,788 Allentown is currently the fastest growing city in all of Pennsylvania. The city constitutes a portion of the New York City Combined Statistical Area and is the county seat of Lehigh County. APN 641758045413-001 Located on the Lehigh River, Allentown is the largest of three adjacent cities, in Northampton and Lehigh counties, that make up a region of eastern Pennsylvania known as the Lehigh Valley. Allentown is 50 miles (80 km) north-northwest of Philadel- phia, the sixth most populous city in the United States, 90 miles (140 km) east-northeast of Harrisburg, the state capital, and 90 miles (140 km) west of New York City, the nation’s largest city. Bethlehem is the seventh largest city in Pennsylvania. Together with Allentown and Easton, the Valley embraces the Allen- town-Bethlehem-Easton, PA-NJ metropolitan area. Smaller than Allentown but larger than Easton, Bethlehem is the Lehigh Valley’s second most populous city. In turn, this metropolitan area comprises Pennsylvania’s third-largest metropolitan area and the state’s largest and most populous contribution to the greater New York City metropolitan area. The Norfolk Southern Railway’s Lehigh Line (formerly the main line of the Lehigh Valley Railroad), runs through Allentown and Bethlehem heading east to Easton, Pennsylvania and Phillipsburg, New Jersey across the Delaware River. The Norfolk Southern Railway’s Reading Line runs through Bethlehem heading west to Allentown and Reading..

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Chapter 9 - Transportation
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Offered At: $6,555,000 | 5.50% Cap
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