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Operating Restaurant Business
New
For Sale
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1452 Pennsylvania Ave, Allentown, PA 18109

The offering is limited to the active food-service business; the property itself is excluded.

Property SizeContact for details
Days on Market6

Property Features for 1452 Pennsylvania Ave

General Information

Standard status Active
Property subtype Retail, Business for Sale

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Business Included Yes
Listing Agency: Hanna Commercial Real Estate Allentown
Listed By: Jared Sawka · License #RS373622
Source: Crexi
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 26 at 7:05AM

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 Hanna Commercial Real Estate Allentown

Investment Insights

Based on property information with market context.

This operating pizza restaurant has a customer dining area, service counter, food-preparation space, refrigeration, pizza ovens, a hood system, cooking equipment, and storage. Its current menu spans pizza, pasta, steaks, subs, gyros, wings, and salads, with delivery and catering also offered. The sale is for the business only; the real estate is not included.

The restaurant is situated in a retail strip center in Allentown, with neighboring businesses and on-site parking.

Key Highlights

  • Active pizza restaurant business; real estate is not part of the sale
  • Dining area, service counter, prep space, refrigeration, pizza ovens, hood system, cooking equipment, and storage
  • Current menu includes pizza, pasta, steaks, subs, gyros, wings, and salads

Property Analytics

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Open Analytics

Current Use

Drake's Pizza Restaurant Patel Beverage (Bike/Boat/Book/etc) Store A1 Stop (Bike/Boat/Book/etc) Store John Daher Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Skin Care Clinic Bakery Computer & Electronic Repair

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

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Office Supplies 26% Groceries 21% Apparel 2%
Staples Office Supplies
30,021 visits/mo 0.5 miles
Ollie's Bargain Outlet Shops & Services
28,128 visits/mo 0.5 miles
Aldi Groceries
24,483 visits/mo 0.5 miles
PetSmart Shops & Services
12,137 visits/mo 0.5 miles
Dollar Tree Shops & Services
7,200 visits/mo 0.5 miles

Demographics for 18109, PA

18,915
Population
7,395
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
80%
High-School Grad
8.2 sq mi
ZIP Area
2,307
Density / Sq Mi
$55,437
Median Household Income
$36,632
Median Earnings
$1,239
Median Rent
$180,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering is limited to the active food-service business; the property itself is excluded.
Where is this conventional restaurant located?
The property is located at 1452 Pennsylvania Ave Allentown, PA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Active pizza restaurant business; real estate is not part of the sale; Dining area, service counter, prep space, refrigeration, pizza ovens, hood system, cooking equipment, and storage; Current menu includes pizza, pasta, steaks, subs, gyros, wings, and salads
More about this property
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