Listing provided courtesy of Serhant Pennsylvania LLC- MLS# 772499MLS Provider

659 Broad StreetEmmaus Boro, PA 18049

22,718 Sq. ft. | 0.71 Acres
$3,330,000 Active

659 Broad Street Overview

Time on Site:
119 days
Visits:
10

Redevelopment opportunity in the Borough of Emmaus with approvals in place for conversion to a 55+ age-restricted multifamily apartment building. Former assisted living facility on approximately 0.71 acres (±30,971 SF) with a three-story structure originally built in 1922 with a 2004 addition. Approved for 28 residential units / 34 beds (studio, one- and two-bedroom apartments) under the applicable borough overlay and conditional use framework. The property is vacant and mid-construction. Interior demolition, subfloor and framing are largely complete. Electrical demo and temporary service are in place, and major plumbing has been installed. Existing systems include elevator, sprinkler, and smoke control. Major electrical components are included: new pole, custom meter bank, CT box, apartment panels, service cable, and extensive wiring. New flooring for approximately half of the units is included. Damaged windows have been replaced. Burglar system installed and active. Construction manager and trades available to assist. Buyer to complete renovation and stabilization. Emmaus is a supply-constrained Lehigh Valley submarket with limited new multifamily inventory and high barriers to entry. Minutes to I-78, Route 29, and PA Turnpike (476) with access to Allentown and Bethlehem. Plans and approvals available to qualified buyers. Contact listing agent for details and tours.

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659 Broad Street Facts & Features

  • Type
  • Sq. ft. 22,718
  • Price/Sq.ft. $147
  • Lot 0.71 Acres

Details

General

School Information

  • School District: East Penn

Building Information

  • Year Built: 1922

Location/Region

  • County Or Parish: Lehigh
  • MLS Area Major: Emmaus
  • Postal City: Emmaus Borough
  • Subdivision Name: Not in Development

Tax Information

  • Tax Annual Amount: 63052.07
  • Tax Assessed Value: 1738600

General Information

  • Parcel Number: 549444729138 1
  • Property Sub Type: Commercial
  • Property Type: Residential Income
  • Senior Community: true
  • Special Listing Conditions: None
  • Zoning: R-HO

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Interior Features: Wired for Data
  • Living Area: 22718.0
  • Living Area Source: Measured
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Off Street,Parking Lot,On Street
  • Parking Total: 31.0

Lot Information

  • Lot Size Acres: 0.711
  • Lot Size Area: 30971.0
  • Lot Size Dimensions: 181 x 171
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 30971.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick,Frame,Other

General Information

  • Number Of Units Total: 28
  • Sewer: Public Sewer
  • Utilities: Cable Available

659 Broad Street Neighborhood

Community

18049 (EMMAUS) Demographics

44
Median Age
1,169
Population Density (per sq. mile)
47%
College Educated
$76,737
Estimated Median Income
5,198
Estimated Total Home Owners
1,858
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

659 Broad Street Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

659 Broad Street Market Data

Based on the last 30 days in this zip code

$478,010
Average List Price
$259
Average Price per Square Foot
7
Properties Sold
65
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

659 Broad Street History

Date Event Value Agent
4/5/2026Source: Greater Lehigh Valley MLS Price Reduction
$3,330,000 -10.0%
4/2/2026Source: Greater Lehigh Valley MLS Price Reduction
$3,330,000 -10.0%
3/2/2026Source: Greater Lehigh Valley MLS Added to Database
March 02, 2026
2/27/2026Source: Greater Lehigh Valley MLS Added to Database
February 27, 2026