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$125,000
Est. payment /mo
5,140 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 761987
HOA Y/N No
Lot Size 5,140 Sqft
Acres 0.118
Property Sub-Type Commercial
Property Description
APPROVED MULTIFAMILY CONSTRUCTION SITE:We are proud to offer the approved building lot at 1183 Mechanic Street located in the highly sought-after Southside of Bethlehem, Pennsylvania.
This lot is located three blocks from the Wind Creek Casino, less than 2 miles from Lehigh University and in the heart of the burgeoning south side of Bethlehem. This historic area has undergone massive development in the last 7 years with scores of retail, hospitality, restaurant, multifamily and renovation projects. Demand and supporting metrics remain extremely strong for residential & commercial rents and supporting property values.
The Seller purchased the site in 2023 and developed construction plans for a progressive four (4) unit apartment building. The plans were completed and successfully taken through the municipal zoning approval process for improved lot coverage and setbacks to provide for this dramatic approved project. The Seller no longer has the interest in pursuing the project and is making the land and approved plan available for sale
This lot is located three blocks from the Wind Creek Casino, less than 2 miles from Lehigh University and in the heart of the burgeoning south side of Bethlehem. This historic area has undergone massive development in the last 7 years with scores of retail, hospitality, restaurant, multifamily and renovation projects. Demand and supporting metrics remain extremely strong for residential & commercial rents and supporting property values.
The Seller purchased the site in 2023 and developed construction plans for a progressive four (4) unit apartment building. The plans were completed and successfully taken through the municipal zoning approval process for improved lot coverage and setbacks to provide for this dramatic approved project. The Seller no longer has the interest in pursuing the project and is making the land and approved plan available for sale
Location
State PA
County Northampton
Area Bethlehem-South
Direction Daly Avenue, 3rd Street, turn on Hobart to intersection of Mechanic
Interior
Fireplace No
Exterior
Utilities Available Above Ground Utilities, Electricity Available, None
Water Access Desc Not Connected (at lot),Public
Present Use Multi-Family
Topography Sloping
Street Surface Dirt
Road Frontage City Street
Building
Lot Description None, Sloped
Sewer Public Sewer
Water Not Connected (at lot), Public
Schools
School District Bethlehem
Others
Special Listing Condition None
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Listed by BHHS Fox & Roach Macungie
Nearby Locations
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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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