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    462 Union Blvd, Unit unit Business Only Allentown, PA 18109

    For Sale
    $350,000

    BusinessOpportunity - ALLENTOWN, PA

    Type:Retail
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 462 Union Blvd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    40
    Parking features
    Parking Lot

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1965
    Building materials
    Masonry

    Lehigh Valley Regional Realty LLC (610) 435-1800 [email protected]

    Listing agent AYON Abraham CODNER (610) 435-1800 License #RS324477

    Listing date Nov 5, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Bar & Lounge Business

    This is an excellent opportunity to acquire a fully operational and well-maintained bar and lounge. The sale includes the business only, with a favorable lease in place, along with an active R-liquor license. The bar and lounge features a fully equipped full-service bar, nine flat-screen TVs with an advanced sound system, and a stylish DJ booth. The commercial kitchen includes a 10-ft hood system, six face burners, three fryers, a flat top grill, and a dishwasher. The spacious interior has a capacity for up to 175 guests. Ample parking is available. The property is located on busy Union Blvd, just minutes from the upcoming $425 million Waterfront development, a vibrant 29-acre project on the Lehigh River's western bank. This project will include Class A office buildings, upscale apartments, restaurants, and green spaces, all poised to boost foot traffic and business growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tipsy's Bar & Lounge Bar Greek Street Greek Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Top Diner, Mishka Premium Vodka, This Life Forever, Sportsmen's Cafe, The Source Lounge & Grill

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.45253
    Latitude
    40.62022

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    FAQs

    What type of property is this?
    Bar - Fully equipped bar and lounge with R-liquor license for sale.
    Where is this bar located?
    The property is located at 462 Union Blvd, Unit unit Business Only Allentown, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Fully operational, recently renovated bar & lounge offering a turn-key business opportunity.; - Includes an active R-liquor license and a favorable lease in a prime location.; - Located minutes from a $425 million Waterfront development project expected to significantly increase foot traffic.
    (610) 435-1800
    Request Owner's contact information
    462 Union Blvd, Unit unit Business Only Allentown, PA 18109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    462 Union Blvd, Unit unit Business Only Allentown, PA 18109
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