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Allentown Six-Level Versatile Structure
For Sale
$2,399,000

22 N 6th St, Allentown, PA 18101

Six-level structure with glass rooftop bar in revitalized Allentown.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1133

Property Features for 22 N 6th St

General Information

Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Annual Taxes $83,168
Listing Agency: Keller Williams Allentown
Listed By: James J. Balliet · License #RS227612L
Source: Exprealty
Added: Jul 17, 2023 Changed: Aug 20 Last Checked: Aug 21 at 1:06PM

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 Keller Williams Allentown

Investment Insights

Based on property information with market context.

This six-level structure features a glass rooftop bar and elegant design throughout, utilizing high-end finishes. Previously operated as The Cosmopolitan and later as Hook Seafood Restaurant, this versatile facility is suitable for reopening as a restaurant or repositioning as a boutique hotel or high-end residential project. The resurgence of downtown Allentown, spurred by the Neighborhood Improvement Zone (NIZ) legislation, has led to over $1 billion in new development, including office buildings, retail spaces, residential projects, event centers, and a sports and entertainment arena. This property presents an opportunity to be part of Allentown's success story as a restaurant, event, catering, or conference facility.

Key Highlights

  • Only glass rooftop bar in Allentown.
  • Versatile facility suitable for restaurant, boutique hotel, or high‑end residential project.
  • Located in downtown Allentown, experiencing a resurgence due to $1 Billion+ in new development.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Acupuncture Bakery Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,427
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Apparel 7%
7-Eleven Shops & Services
14,046 visits/mo 0.1 miles
Family Dollar Shops & Services
7,924 visits/mo 0.2 miles
Chase Bank Shops & Services
3,319 visits/mo 0.0 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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Fantasy event Allentown, PA 18101
  • Caterers 2 U 419 N 2nd St, Allentown, PA 18102
  • Catering By Toni Bodony Allentown, PA 18102
  • Vince's Famous Cheesesteaks 806 Hamilton St, Allentown, PA 18101

Frequently Asked Questions

What type of property is this?
Restaurant - Six-level structure with glass rooftop bar in revitalized Allentown.
Where is this restaurant located?
The property is located at 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: Only glass rooftop bar in Allentown.; Versatile facility suitable for restaurant, boutique hotel, or high‑end residential project.; Located in downtown Allentown, experiencing a resurgence due to $1 Billion+ in new development.
More about this property
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