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    18-22 N 6Th St Allentown, PA 18101

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    For Sale
    $2,399,000

    Six-level restaurant/event facility in revitalized downtown Allentown.

    Property size:
    21,318 SF
    Lot size:
    0.10 Acres

    Property Features for 18-22 N 6Th St

    General Information

    Size
    21,318 SF
    Lot size
    0.10 Acres

    Source: James Balliet Property Group Agent James Balliet

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Allentown Restaurant/Event Facility

    This six-level structure, located in downtown Allentown, Pennsylvania, offers a versatile space suitable for a restaurant, event venue, catering facility, or conference center. The property, with a total size of 21318 square feet, features a glass rooftop bar. The building was previously occupied by The Cosmopolitan and later Hook Seafood Restaurant. The resurgence of downtown Allentown has spurred over $1 billion in new development, including new office buildings, retail spaces, residential projects, event centers, and a sports and entertainment arena. The current owner will consider leasing the structure to a qualified tenant. The property could be repositioned as a boutique hotel or a high-end residential project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Fantasy event, Caterers 2 U, Catering By Toni Bodony, Vince's Famous Cheesesteaks

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4702603
    Latitude
    40.6033233

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    FAQs

    What type of property is this?
    Restaurant - Six-level restaurant/event facility in revitalized downtown Allentown.
    Where is this restaurant located?
    The property is located at 18-22 N 6Th St Allentown, PA.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - Prime location in the revitalized downtown Allentown, benefiting from over $1 Billion in new development.; - Unique glass rooftop bar, the only one in Allentown.; - Versatile six-level structure suitable for restaurant, event space, catering, conference facility, boutique hotel, or high-end residential project.
    (610) 972-6808
    Request Owner's contact information
    18-22 N 6Th St Allentown, PA 18101
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    Allentown, PA 18101
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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
    18-22 N 6Th St Allentown, PA 18101
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