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707 N. 4th Street

Unit:ST02 Allentown, PA 18102-1801

, NoTi / Lehigh Valley

Call for Prices
Status: Rented

Building Name: 707 N. 4th Street
Address: Allentown, PA 18102-1801
Cross Street
Neighborhood: NoTi / Lehigh Valley

Web ID: 23986
Price: Call for Prices
Type: Retail
Floor#: 1
Approx. Sq. Ft: 620

Unit Amenities: Hardwood Floors
Description

Description: 707-715 N. 4th Street in Allentown PA is 98,363 sf building, partially occupied by a textile manufacturing, warehousing, band practice rooms, records storage areas, and miscellaneous small businesses. The building has a total of 75,230sf of floor space spread over four floors and 23,133sf of space in the basement. This building is located on a busy corner in downtown Allentown in a mixed residential/industrial area. The building was built in 1902 and is zoned B-1.

Major Capital Improvements / Renovations

The 2 elevators are currently in the process of being modernized into a passenger elevator and a combination passenger/freight. It is expected to be completed by Spring 2008.

The 1st, 4th Floors are being redesigned into artists work lofts and the Basement will be renovated into musician rehearsal space. Approximately 250 - 300 sq ft spaces will be available for $350/month with utilities included. Units will be expected available in summer 2009.

History / Branding

This building has historically housed a number of Cigar manufacturers since its construction and has had tobacco tenants for over 60 years. As a tribute to its historical significance of the building and to the City of Allentown, the building will be re-branded as "The Cigar Factory Artists Lofts".

On Aug 18, the building received zoning approval from the City of Allentown to commence on the conversion to 45 artist studios Location / Neighborhood

The building is located in downtown Allentown between two major highways: Routes 22 and 78. The building is located in Allentown's 10th Ward and 4th voting district . There are 20 Churches/Places of Worship within 1 mile of the building. There are 3 Hospitals within 2 miles of the site . There are 19 Schools within 1 mile of the building. There are residences immediately adjacent to the building towards the south (Tilghman St.), north (N. Green St.) and east (N. Elligner St.). C-Town market and parking area is across N. 4th Street towards the west.

TOPOGRAPHY, HYDROLOGY and FLOOD ZONE

The building is located approximately 750 ft from Jordan Creek a tributary of the Lehigh River. The building is approximately 90 ft higher than the normal water level of Jordan Creek. The US Geological Survey (USGS) map for East Allentown dated 1999 shows the building's location in relationship to Jordan Creek . The building is in an urban area and does not have exposed soils or dirt. The building is surrounded by sidewalk, blacktop and paved streets. This section of Allentown has gentle rolling hills ranging from approximately 350' to 390'. There is an elevation change of approximately 20' from the Tilghman St. on the south to Green St. on the north. The water level at the Jordan Creek is approximately 260'. The building is located in a Moderate to Low Risk flood zone.

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By presenting the information set forth herein, Heights Real Estate Company, LLC makes no representation or warranty of any kind, including without limitation, the condition or manner of construction of the property offered, conditions considered latent or patent, compliance with local law, and environmental conditions. Heights Real Estate Company, LLC . does not warrant the accuracy of the information set forth herein, and the same is submitted subject to errors and omissions, and the right of our principal(s) to withdraw, modify or condition the listing without prior notice.