Mixed-Use Building with 3
1044 W Liberty Street, Allentown, PA 18102
For Sale
$249,900
ResidentialIncome, Allentown City, PA
Property Size2,304 SF
Lot Size0.03 Acres
Price / SF$108.46
Days on Market97
Property Features for 1044 W Liberty Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
Dave Capece
(610) 435-5555
Added: Aug 8
Changed: Nov 12
Last Checked: Nov 12 at 7:06PM
MLS# 782582
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,304-square-foot brick mixed-use building includes an 800-square-foot shop on the first floor with a powder room and three separate garages. The second floor contains a two-bedroom apartment with two additional bathrooms. Built in 1920, the property sits on a 0.034-acre lot and is served by public water and public sewer. Heating is provided by electric baseboard systems.
Located at 1044 W Liberty Street in Allentown City, the property carries R-Mh zoning and offers both off-street and on-street parking in addition to the garage spaces. The apartment and commercial area are leased on a month-to-month basis, providing a flexible occupancy structure for the existing uses.
Located at 1044 W Liberty Street in Allentown City, the property carries R-Mh zoning and offers both off-street and on-street parking in addition to the garage spaces. The apartment and commercial area are leased on a month-to-month basis, providing a flexible occupancy structure for the existing uses.
Key Highlights
- 2,304 SF mixed‑use building on a 0.034‑acre lot
- 800 SF first‑floor shop with powder room
- Three separate garages plus off‑street and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,499
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,980
$450.0K
Cap Rate 7%
$321,414
$321.4K
Cap Rate 9%
$249,989
$250.0K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$38.7K $16.80/SF
− Vacancy
−$2.7K −$1.18/SF
EGI
$36.0K $15.62/SF
− OpEx
−$13.5K −$5.86/SF
NOI
$22.5K $9.76/SF
Area
Allentown, PA
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,980
Cap Rate 7%
$321,414
Cap Rate 9%
$249,989
Alternative Uses
Best Use
Retail
$405.4K
$354.7K – $473.0K
NOI $28,378 @ 7.0% cap · market cap 11.36%
Second Best
Mixed Use
$321.4K
$281.2K – $375.0K
NOI $22,499 @ 7.0% cap · market cap 9.00%
Theoretical Best
Specialty Retail
$452.6K
$396.1K – $528.1K
NOI $31,685 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,092
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Groceries 21%
Dining 6%
Home Improvements & Furnishings 3%
IGA Little Apple Market
Groceries
21,625 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,657 visits/mo
0.2 miles
7-Eleven
Shops & Services
14,046 visits/mo
0.5 miles
Sunoco
Shops & Services
12,060 visits/mo
0.5 miles
Gulf Oil
Shops & Services
10,040 visits/mo
0.5 miles
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Allentown, PA
Properties on Market for Mixed-use properties in Allentown
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick mixed-use property combining a ground-floor shop, upstairs apartment, and multiple garage spaces.
Where is this mixed-use property located?
The property is located at 1044 W Liberty Street Allentown, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,304 SF mixed‑use building on a 0.034‑acre lot; 800 SF first‑floor shop with powder room; Three separate garages plus off‑street and on‑street parking
