659 BROAD ST, Emmaus, PA 18049
659 BROAD ST, Emmaus, PA 18049
659 BROAD ST, Emmaus, PA 18049
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Don Perrin

Don Perrin

+1(703) 819-4655
Listed by Sam Del Rosario • SERHANT PENNSYLVANIA LLC
$3,330,000
Est. payment /mo
0.71 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Emmaus

MLS Listing ID PALH2014714

Year Built 1922

Annual Tax Amount $62,704

Tax Year 2025

Lot Size 0.710 Acres

Acres 0.71

Lot Dimensions 180.82 x 171.27

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment building. Former assisted living facility situated on approximately 0.71 acres (±30,971 SF lot) with an existing three-story structure built in 1922 and 2004. Project supports 28 approved residential units / 34 Beds (studio, one bedroom and two bedroom apartments) under applicable borough overlay/conditional use framework. The property is currently vacant, mid construction. Interior demolition, subfloor and framing are almost entirely complete. Electrical demo and temp service is in place. Major plumbing is in place. Certain building systems and infrastructure components are in place, including elevator, sprinkler system and smoke system control. Major electrical components including new pole, custom meter bank, ct box, apartment panels, service cable, and a large amount of wiring, receptacles, switches and boxes are included. New flooring for half of the apartments is included. All damaged windows have been replaced. Burglar system is installed and active. Construction manager, electrical and hvac contractors and construction crew are available to help complete the project. Buyer to complete renovation and stabilization.
Emmaus represents a supply-constrained residential submarket within the Lehigh Valley with limited new multifamily inventory and challenging construction barriers. 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 multifamily operator or redevelopment group seeking approved age-restricted housing product in established residential borough setting. Architectural and engineering plans, approval documentation and additional project materials available to qualified buyers. Contact listing agent for details and tour scheduling.

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

Exterior

Garage Spaces 31.0

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

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

Total Parking Spaces 31

Garage N

Building

Lot Description Interior, Level, Road Frontage

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Lincoln

Middle Schools Eyer

High Schools Emmaus

School District East Penn

Others

Tax ID 549444729138-00001

Ownership Fee Simple

Security Features Surveillance Sys

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Don Perrin

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655

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659 BROAD ST