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659 Broad St, Emmaus, PA
$2,600,000
22718 SqFt
Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment community. Former assisted living facility situated on approximately 0.71 acres (±30,971 SF lot) with an existing three-story structure originally constructed in 1922. Project supports 28 approved residential units / 34 Beds (studio, one-bedroom, and two-bedroom layouts) under applicable borough overlay/conditional use framework. Property is currently vacant, mid construction. Select interior demolition, framing, mechanical, electrical, and plumbing work have been completed. Certain building systems and infrastructure components are in place, including elevator shaft, fire/life safety framework, and electrical service upgrades (additional details available upon request). Buyer to complete renovation and stabilization. Emmaus represents a supply-constrained residential submarket within the Lehigh Valley with limited new multifamily inventory. 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 experienced multifamily operator or redevelopment group seeking approved age-restricted housing product in established residential borough setting. Additional architectural plans, approval documentation, and project materials available to qualified purchasers.
Property Details
| Property Type | Commercial |
|---|---|
| Mls # | PALH2014714 |
| LotSize | 30971 sqft |
| Property Subtype | Apartments |
| Year Built | 1922 |
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Sam and Dianne of Serhant Realty were recommended to me because they specialized in unique and unusual properties and we had a very unique and unusual property. We were an hour and a half from...
Read more 10/15/2026 - Carl
I highly recommend Danielle Seip as a realtor. Danielle was there with me us every step of the way. From looking at first house to the closing of my new home. Danielle is very knowledgeable,...
Read more 09/15/2026 - Jennifer Grayandrews
It was a pleasure having Shantal Gomez Miranda as my agent. From the beginning I felt comfortable with every step of the process. Shanty listened attentively and made sure all my concerns and...
Read more 09/10/2026 - Debbie Walther
Working with Connie Smith was the best decision we made as first-time homebuyers. We started our journey thinking we would move into a manufactured home, but transitioned to getting pre-qualified for...
Read more 08/14/2026 - Ricky Tapia
Sam and Dianne did a great job helping us to sell my in-laws place once they moved into assisted living. They know the market well and they stayed on top of everything for us while we were out of...
Read more 07/13/2026 - Sean Schofield
View more reviewsDianne was extremely easy to work with regarding her communication, support, and expansive knowledge on the Lehigh valley areas. I was so grateful to have worked with her and Sam on our home buying...
Read more 06/22/2026 - Jordan DeGroat
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