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LAND - Bethlehem City, PA
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...
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
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