Four-Unit Mixed-Use
For Sale
$599,900
112 North 8th Street, Allentown, PA 18101
Restored building combines two storefronts with private residential entrances and a two-story garage.
Property Size3,586 SF
Days on Market104
Property Features for 112 North 8th Street
General Information
Standard status
Active
Size
3,586 SF
Total Parking Spaces
2
Property subtype
Commercial
Units
Unit Mix
1 x 1BR, 1 x 2-3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,854
Building Details
Building Size
3,586 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Century 21 Ramos Realty
Listed By:
Anthony Ramos · License #AB068035
(484) 695-4887
Source:
Bhhspaulfordrealtors
Added: Jul 14
Changed: Oct 14
Last Checked: Oct 24 at 10:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Ramos Realty
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Investment Insights
Based on property information with market context.
This 3,586-square-foot mixed-use property at 112 N 8th Street in Allentown City includes two street-level storefronts and two residential apartments. The upper-level apartment has one bedroom, while a separate rear apartment includes two full bathrooms, a laundry room, and a sunroom. Each of the four units has its own entrance, supporting clear separation between the commercial and residential spaces.
A two-story, two-car garage adds on-site parking, storage, and functional support space. The property combines retail frontage with residential accommodations in a downtown Allentown setting and includes the addresses 112-114 and 114R N 8th St.
A two-story, two-car garage adds on-site parking, storage, and functional support space. The property combines retail frontage with residential accommodations in a downtown Allentown setting and includes the addresses 112-114 and 114R N 8th St.
Key Highlights
- Four‑unit configuration with two storefronts and two residential apartments
- 3,586 SF mixed‑use property
- Two‑story garage accommodates two cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,168
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,360
$883.4K
Cap Rate 7%
$630,971
$631.0K
Cap Rate 9%
$490,756
$490.8K
Market Conditions
NOI Build-Up for 3,586 SF
Gross rent
$66.7K $18.60/SF
− Vacancy
−$3.6K −$1.00/SF
EGI
$63.1K $17.60/SF
− OpEx
−$18.9K −$5.28/SF
NOI
$44.2K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,360
Cap Rate 7%
$630,971
Cap Rate 9%
$490,756
Alternative Uses
Best Use
Retail
$631.0K
$552.1K – $736.1K
NOI $44,168 @ 7.0% cap · market cap 7.36%
Second Best
Mixed Use
$500.2K
$437.7K – $583.6K
NOI $35,017 @ 7.0% cap · market cap 5.84%
Theoretical Best
Specialty Retail
$704.5K
$616.4K – $821.9K
NOI $49,315 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,858
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Apparel 7%
7-Eleven
Shops & Services
14,046 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,924 visits/mo
0.4 miles
Chase Bank
Shops & Services
3,319 visits/mo
0.3 miles
DTLR/VILLA
Apparel
1,154 visits/mo
0.2 miles
Rainbow
Apparel
993 visits/mo
0.2 miles
Demographics for 18101, PA
5,108
Population
2,686
Households
1.9
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
0.3 sq mi
ZIP Area
17,027
Density / Sq Mi
$41,542
Median Household Income
$34,397
Median Earnings
$1,337
Median Rent
$153,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restored building combines two storefronts with private residential entrances and a two-story garage.
Where is this mixed-use property located?
The property is located at 112 North 8th Street Allentown, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Four‑unit configuration with two storefronts and two residential apartments; 3,586 SF mixed‑use property; Two‑story garage accommodates two cars
