2304 South 5th
Allentown City, PA 18103
- – beds
- – baths
- – sqft
- 1890 build
This listing is for the sale of 2304 S 5th Street and includes 2321 S Alice Street. This listing of these two parcels provides several opportunities for use and development. 2304 S 5th Street offers three buildings on 1/3 of an acre just south of Emmaus Ave. The seller operated a daycare here for over 50 years & was truly a pillar of the community. Countless children from the community were provided an invaluable springboard for their early lives & the lives of their working families. The daycare operated continuously until '22 and all structures were permitted for daycare and related activities. Outdoor play space is located in the center of the parcel and a fence enclosure surrounds the property. The buildings include a 3,328 SF daycare on two levels, the original home offers 2,620 SF & the third building was used as a recreation building with 1,040 SF. 2321 S Alice Street is a flat parcel immediately across the S. East alley-way from 2304 S 5th. This tree lined property served the neighborhood and the daycare as an idyllic recreation space. The zoning for both parcels is RL – Low Density Residential providing the Buyer an option to make use of the property for daycare operations or consider residential development. Daycare business owners and savvy investors will see the potential and value in this sale. The 3 structures need varying amounts of renovation and the permitted daycare use is invaluable to a new owner or for a daycare business as a tenant.
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Last updated Apr 26, 2024
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MLS# 735309 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/24
Apr 1, 2024
|
Listed / Active | GLVR | $745,000 |