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    Allentown, PA Conventional Restaurants for Sale

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    Whitehall, PA Bethlehem, PA Catasauqua, PA
    Mixed-Use Corner Restaurant Property
    $575,000
    4,220 SF
    Mixed-Use Corner Restaurant Property

    500 -504 W Gordon Street, Allentown, PA 18102

    Corner mixed-use building with an operating pizzeria/restaurant plus two apartments and separate utilities.
    • Mixed‑use corner property with an operating pizzeria/restaurant on the first floor
    • Residential income includes 2 apartments: a 1‑bedroom, 2‑level unit and a 3‑bedroom apartment
    • 3‑bedroom unit features hardwood floors and an updated tile bathroom
    • Separate utilities for the commercial space and each residential unit for easier expense tracking
    • Large basement provides storage space for both the business and tenants
    Updated: Jun 17
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    Corner Mixed-Use Investment Property
    $575,000
    4,220 SF
    Corner Mixed-Use Investment Property

    500 504 W Gordon Street, Allentown, PA 18102

    Operating pizzeria on the first floor paired with two apartments, offering separate utilities and multiple income streams.
    • Mixed‑use corner property with an operating pizzeria/restaurant on the first floor and two apartment units upstairs
    • Residential units include a 1‑bedroom, two‑level apartment and a 3‑bedroom apartment with hardwood floors and an updated tile bathroom
    • Separate utilities available for the commercial space and each residential unit, helping streamline tracking of expenses
    • Large basement offers storage space for the business and tenants
    • Public water and public sewer
    Updated: Jun 2
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    Mixed-Use Investment Opportunity
    $575,000
    4,220 SF
    Mixed-Use Investment Opportunity

    Corner property with pizzeria, and two apartments in Allentown.

    500 504 W Gordon Street, Allentown, PA 18102

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Allentown, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant in High-Traffic Location
    $1,399,000
    2,967 SF
    Established Restaurant in High-Traffic Location

    Well-established Italian restaurant for sale in a high-traffic location.

    2400 Schoenersville Road, Hanover Twp, PA 18109

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    Established Restaurant with Real Estate
    $1,400,000
    2,513 SF
    Established Restaurant with Real Estate

    Successful restaurant with real estate in prime location.

    1234 confidential Road E, Hanover Twp, PA 18109

    View details
    Restaurant and Event Space
    $380,000
    Restaurant and Event Space

    Flexible hospitality property with office space, high ceilings, multiple bathrooms, and ample onsite parking for events and dining concepts.

    Bethlehem, PA 18015

    View details
    Restaurant and Event Space with Offices
    $380,000
    2,239 SF
    Restaurant and Event Space with Offices

    Restaurant and event space with office area and ample onsite parking, suited for hospitality and private gatherings.

    Bethlehem, PA 18015

    View details

    Allentown, PA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Allentown, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,660 square feet of properties for sale, with an estimated market value of $1,725,000.

    Sale prices for conventional restaurants in Allentown, PA start at $575,000, averaging $575,000, and reaching up to $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 7
    Commercial kitchens 3

    Demographics Overview

    Population 177K
    Population Growth (5Y) +6.1%
    Median Household Income $66,938
    College Educated 25.3%

    High-Yield Neighborhoods for Investment

    Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18102 $575K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $24.82 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lehigh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lehigh County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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