Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
N/A
Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment community. Former assisted living facility situated on approximately 0.71 acres (±30,971 SF lot) with an existing three-story structure originally constructed in 1922. Project supports 28 approved residential units / 34 Beds (studio, one-bedroom, and two-bedroom layouts) under applicable borough overlay/conditional use framework. Property is currently vacant, mid construction. Select interior demolition, framing, mechanical, electrical, and plumbing work have been completed. Certain building systems and infrastructure components are in place, including elevator shaft, fire/life safety framework, and electrical service upgrades (additional details available upon request). Buyer to complete renovation and stabilization. Emmaus represents a supply-constrained residential submarket within the Lehigh Valley with limited new multifamily inventory. Property is located minutes from I-78, Route 29, and the PA Turnpike (476), providing regional access to Allentown, Bethlehem, and surrounding employment corridors. Offering presents opportunity for experienced multifamily operator or redevelopment group seeking approved age-restricted housing product in established residential borough setting. Additional architectural plans, approval documentation, and project materials available to qualified purchasers.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Multi Units, Ductless, Electric
-
Heating YN
YES
-
Heating
Electric, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other, Concrete
-
Parking
On Street, Private, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.71
-
Property Type
Commercial Sale
Price
-
Sales Price
$3,700,000
-
Tax Amount
$62,704
-
Zoning
R-HO with Age Qualified Community Overlay District. The AQCOD permits development of age-restricted residential communities.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
LINCOLN
-
Middle School
EYER
-
High School
EMMAUS
Property Features
-
Stories
3
-
Accessibility Features
Accessible Full Bath, Accessible Entrance, Accessible Doors, Accessible Hallway(s), Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Grip-Accessible Features, Customized Wheelchair Accessible
-
Foundation Details
Block, Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
026
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
LEHIGH
Elementary School
LINCOLN
Middle School
EYER
High School
EMMAUS
Listing Courtesy of Samuel Luis Del Rosario , SERHANT PENNSYLVANIA LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Jen Deater
Call Jen today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
.png)