Allentown, PA Conventional Restaurants for Sale

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Whitehall, PA Bethlehem, PA Catasauqua, PA Fountain Hill, PA Emmaus, PA Center Valley, PA Hanover Twp, PA Coopersburg, PA

13 properties

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Updated: Jun 17

Mixed-Use Corner Restaurant Property

500 -504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

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

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This listing looks promising.

Here's a quick look at some key insights for

500 -504 W Gordon Street, Allentown City, PA 18102

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$44K
Annual
Price @ 7% Cap

$632K
Above asking
Last Sold

Jun 2015
$57K

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Updated: Jun 2

Corner Restaurant with Two Apartments

500 504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

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

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Corner Mixed-Use Property

500 504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

Ground-floor restaurant space is paired with two residential apartments and separate utilities.

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Turnkey Bar & Restaurant Property

3000 Mauch Chunk Road, Allentown, PA 18104

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5,755 sqft

Turnkey bar and restaurant with fully equipped interior, included liquor license, and established catering services.

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Freestanding Restaurant Building

Allentown, PA 18103

$2,400,000

8,131 sqft 1.75 AC lot

Masonry restaurant property with highway commercial zoning and public utilities.

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Six-Level Restaurant and Rooftop Bar

22 N 6th Street, Allentown, PA 18101

$2,399,000

21,318 sqft 0.09 AC lot

Six-level restaurant/event venue with a glass rooftop bar, offered for sale in a B-2 zoned building.

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Operating Pizza Restaurant

Drake's Pizzeria, Allentown, PA 18109

$180,000

Built-out pizza restaurant space with customer seating, service counter, prep area, ovens, refrigeration, and central air.

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Supermarket Business Opportunity

204 W Tilghman St, Allentown, PA 18102

$99,999

Business-only sale with a fully equipped kitchen, private rear office, and three dedicated parking spaces.

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Allentown Restaurant with Attached Home

202 204 S 17th Street, Allentown, PA 18104

$749,900

Family-owned restaurant with attached home in West Allentown.

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Retail NNN Investment With Tenants

1208 S 4th St, Allentown, PA 18103

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For sale as real estate only, leased to Subway and a car dealership under triple-net and double-net terms.

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Fully Built Restaurant and Night Club

18 N 6th St, Allentown, PA 18101

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Fully built-out restaurant venue with banquet facilities and night club setup, plus extensive interior improvements throughout multiple floors.

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Operating Restaurant with New Kitchen Systems

1916 Hanover Avenue, Allentown, PA 18109

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Restaurant building with a 5-year lease, rear parking for five cars, and recently updated central air and heating.

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All-Brick Five-Unit Corner Building

1502 W Chew St, Allentown, PA 18102

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Well-maintained five-unit all-brick building with three 2-bedroom residences and a ground-floor restaurant space.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 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.

Multi-Use Retail and Event Building

523-521 Front St, Catasauqua, PA 18032

$899,000

15,200 sqft

Updated multi-level commercial building includes a storefront, commercial kitchen, banquet hall, and on-site parking.

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Hotel Development Site with Retail

3665 Macarthur Rd, Whitehall, PA 18052

$7,000,000

13,170 sqft 7.48 AC lot

Stand-alone development site with public water and sewer, suited for hotel, restaurant, retail, or medical use.

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Turnkey Pizza Restaurant and Income Property

601 Front St, Catasauqua, PA 18032

$2,650,000

9,584 sqft

Turnkey pizza restaurant sale includes real estate, FF&E, and liquor license, plus adjacent mixed-use rental income property.

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Family-Run Restaurant with Full Bar

121 Lehigh Valley Mall, Whitehall, PA 18052

$325,000

4,600 sqft

Family-run 150-seat restaurant in the lower level of Lehigh Valley Mall featuring a full bar and kitchen, plus an E liquor license.

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Allentown, PA Conventional Restaurants Market Trends and Statistics

Explore 13 conventional restaurants for sale in Allentown, PA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 47,864 square feet of properties for sale, with an estimated market value of $7,418,899.

Sale prices for conventional restaurants in Allentown, PA start at $99,999, averaging $927,362, and reaching up to $2,400,000 — 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

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
18109	$180K
18102	$422.5K
18101	$2.4M

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

Office

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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