Emmaus, PA 18049,659 BROAD ST
Emmaus, PA 18049,659 BROAD ST
Emmaus, PA 18049,659 BROAD ST
Emmaus, PA 18049,659 BROAD ST
Emmaus, PA 18049,659 BROAD ST
Emmaus, PA 18049,659 BROAD ST
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$ 3,700,000
Est. payment | /mo

0.71 Acres Lot


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$ 3,700,000
Est. payment | /mo
Save

0.71 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Lot Size 0.710 Acres

MLS Listing ID PALH2014714

Financing Cash,Conventional

Subdivision Emmaus

Total Units 20

Short Sale No

Originating MLS BRIGHT

Property Description

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.

Location

State PA

County Lehigh

Area Emmaus Boro (12307)

Zoning R-HO - HIGH DENSITY

Interior

Hot Water 60+ Gallon Tank

Heating Wall Unit, Zoned

Cooling Multi Units, Ductless/Mini-Split

Flooring Other

Equipment Negotiable

Heat Source Electric

1-purchase type For Sale

Exterior

Garage Spaces 31

Utilities Available Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

View City

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, 48\"+ Halls, Accessible Switches/Outlets, Elevator, Grab Bars Mod, Low Bathroom Mirrors, Low Pile Carpeting, Mobility Improvements, Roll-in Shower, Roll-under Vanity, Wheelchair Height Shelves, Wheelchair Mod

Road Frontage Boro/Township

Parking Type On Street, Parking Lot

Total Parking Spaces 31

Building

Lot Description Interior, Level, Road Frontage

New Construction N

Foundation Block, Concrete Perimeter

Lot Dimensions 180.82 x 171.27

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lincoln

Middle Schools Eyer

High Schools Emmaus

School District East Penn

Others

Tax Amount $62,704

Tax Year 2025

Tax ID 549444729138-00001

Ownership Fee Simple

Security Features Surveillance Sys

Acceptable Financing Cash, Conventional

Special Sale Standard

Bright MLS (BMLS)
Listed by Sam Del Rosario • SERHANT PENNSYLVANIA LLC

Nearby Locations

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