300 Furnace Street

For Sale

300 Furnace Street, Emmaus, PA 18049

This Emmaus property for sale is located at 300 Furnace Street. The current listed sale price for 300 Furnace Street is $4,100,000.

Contacts

broker

Ken Wellar

GREA

(215) 454-2879

broker

Corey Lonberger

GREA

(215) 454-2878

broker

Luke DeLuca

GREA

(215) 989-4440

broker

Douglas Emrich

GREA

(215) 454-2889

Property Details

Situated on Furnace Street off South 5th and Chestnut Streets, this is an approved redevelopment project to convert a blighted property into an upscale apartment community. The project consists of four mid-rise buildings housing 144 residential units and a 3,000-square-foot clubhouse with an inground swimming pool. 

The site is well located within the Borough of Emmaus and is within four blocks of the town center. Emmaus has extremely high barriers to entry given the lack of land left to build upon. This ±8.7-acre site lays out perfectly for a high-end apartment community. The land connects to a nature trail and a constructed wetlands area that could be utilized as a meditation garden for tenants.  

Surrounded by the picturesque Lehigh Valley, Emmaus offers residents and visitors alike ample opportunities for outdoor activities. Nearby South Mountain and the Ironton Rail Trail provide hiking and biking enthusiasts with scenic trails, while Emmaus Community Park offers a serene oasis for picnicking and relaxation. In addition, Emmaus falls within the East Penn School District, one of the top-rated school districts in the Lehigh Valley. 

The Furnace Street site is conveniently located near Routes 29, 222, and 309 as well as Interstates 476 and 78. The Lehigh Valley International Airport is a 20-minute drive, and transit/subway stations are about a 40-minute drive from the site. This location affords residents convenient access to the top employers in Allentown and Bethlehem. Additionally, the site is located off Chestnut Street, home to an array of cafes, restaurants, and retail stores, easily accessible by future tenants. Emmaus is a walkable neighborhood that is currently in a period of growth and expansion. 

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Highlights

  • Approved 144-Unit Multifamily Development Site: Construct 144 Apartment Units on 8.7 Acre Site
  • Exceptional Location: Walk to Town Center; Close to Parks and Recreation
  • High Barriers to Entry: Minimal Land Sites Available for New Construction
  • Top-Rated School District: Highly Rated East Penn School District
  • Convenient to Major Highways: Access to Routes 29, 222 and 309 as well as Interstate 78 and the Pennsylvania Turnpike
  • Proximity to Regions Top Employers: Saint Lukes Hospital, Lehigh Valley Hospital, ADP, Amazon, Wind Creek, Lehigh University & More

Getting around

  • 6/100

    Walk Score ®

  • 3/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Emmaus, PA
  • Neighborhood Country Downs
  • Zip Code 18049
  • Market Allentown Bethlehem

Points of Interest

  • Cedar Creek Station

    2.37 miles

  • Zephyr Station

    2.42 miles

  • Lehigh Valley Transportation Services

    7.63 miles

  • Wawa

    1.35 miles

  • Sunoco

    1.42 miles

  • 7-Eleven

    1.43 miles

  • Turkey Hill

    1.47 miles

  • Exxon

    1.66 miles

  • Valero

    1.68 miles

  • Pacific Pride

    1.74 miles

  • Turkey Hill

    1.87 miles

  • Mobil

    1.88 miles

  • Giant gas station

    1.92 miles

  • Museum Parking

    1.17 miles

  • Guest Drop-Off Area

    2.17 miles

  • Dorney Park Secondary Parking Lot

    2.20 miles

  • Dorney Park Main Parking Lot

    2.21 miles

  • Employee Parking Lot

    2.49 miles

  • Lot B

    2.62 miles

  • Lot G

    2.63 miles

  • Lot F

    2.64 miles

  • Lot E

    2.66 miles

  • Lot C

    2.75 miles

  • Four Points

    2.06 miles

  • Red Roof Inn Allentown South

    2.07 miles

  • Holiday Inn

    2.09 miles

  • Wingate by Wyndham Allentown

    2.17 miles

  • Howard Johnson

    2.19 miles

  • Rodeway Inn

    2.67 miles

  • Hyatt House

    3.61 miles

  • Allenwood Motel

    4.24 miles

  • Econo Lodge Conference Center

    4.33 miles

  • Renaissance Allentown

    4.46 miles

  • Ross

    1.33 miles

  • Giant Food Store

    1.93 miles

  • Redner's

    2.43 miles

  • Weis

    2.46 miles

  • Big Lots

    2.47 miles

  • Target

    2.65 miles

  • Whole Foods Market

    2.90 miles

  • Walmart Supercenter

    3.31 miles

  • Wegmans

    3.34 miles

  • Giant

    3.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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