3115 Tilghman StAllentown, PA 18104

For Sale
Call for price

9,925 SF Multi-Tenant Retail

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 9,925-square-foot retail property, located at 3115 W Tilghman Street in Allentown, Pennsylvania, presents a compelling investment opportunity. Built in 1958 and boasting a 100% occupancy rate, this single-story, multi-tenant shopping center is situated on a heavily trafficked corridor in Allentown's West End. The center currently houses a diverse mix of established businesses including Nowhere Coffee Co., Budget Beverage, High End Smoke Shop, Gold Buyer, and Cigar Box. Recent capital improvements exceeding $1 million have enhanced the property's appeal and functionality. Each tenant benefits from prominent monument signage, with additional signage permitted on each building. Convenient access is provided by two main entrances on Tilghman Street, complemented by approximately 160 parking spaces. The property is zoned for commercial use and enjoys a prime location within a thriving region, benefiting from its proximity to major East Coast population centers like New York City, Philadelphia, Baltimore, and Washington, D.C. The Lehigh Valley's robust demographics, with a significant portion of households earning over $50,000 annually, underscore the strong potential for continued success and high returns. This fully leased retail center offers a rare opportunity to acquire a stable, income-generating asset in a desirable location.

Highlights

  • Lehigh Valley offers easy access to major East Coast population centers (NYC, Philadelphia, Baltimore, Washington D.C.) within a 1-3 hour drive.
  • Lehigh Valley boasts an approximate population of 845,000, showing 13.9% growth since 2000.
  • Over 59% of Lehigh Valley households earn over $50,000 annually.
  • Approximately 26% of Lehigh Valley residents earn over $100,000 annually, indicating strong household purchasing power.

Property Details for 3115 Tilghman St

Property type
Lifestyle centers, Power centers
Square Feet
9,925 SF
Year Built
1958
Buildings
1
Stories
1

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5982817
Longitude
-75.5267698
3115 Tilghman St, Allentown, Pennsylvania

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3115 Tilghman St
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