Allentown, PA Commercial Real Estate for Sale

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Updated: Jun 17

Mixed-Use Corner Restaurant Property

500 -504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

Mixed‑use corner property with an operating pizzeria/restaurant on the first floor
Residential income includes 2 apartments: a 1‑bedroom, 2‑level unit and a 3‑bedroom apartment
3‑bedroom unit features hardwood floors and an updated tile bathroom
Separate utilities for the commercial space and each residential unit for easier expense tracking
Large basement provides storage space for both the business and tenants

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This listing looks promising.

Here's a quick look at some key insights for

500 -504 W Gordon Street, Allentown City, PA 18102

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$44K
Annual
Mortgage

$50K
Recorded
Last Sold

Jun 2015
$57K

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Updated: Jul 1

Two-Story Mixed-Use Building with Warehouse

622 Union Boulevard, Allentown, PA 18109

$3,400,000

18,219 sqft 1.00 AC lot

Completely updated, two‑story commercial building on 1 acre in B‑3 Highway Business zoning
Over 90% leased with multi‑year NNN leases; ground‑floor retail and medical suite are both leased
Back half includes 5,500 SF clear span 2‑story warehouse with two drive‑in doors and one loading dock, plus small office; leased
Medical suite is self‑contained with its own entrances, HVAC, security systems, and bathrooms
Basement storage has its own entrance and drive‑in door and is leased to a separate tenant

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Mixed-Use Building with Retail Floors

911 W Hamilton Street, Allentown, PA 18101

$1,400,000

6,536 sqft 0.12 AC lot

6,536 SF building with first-floor retail and two upper floors ready for build-out, plus on-site parking for 12 vehicles.

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Renovated Court-Leased Office Building

1007 Union Boulevard, Allentown, PA 18109

$749,900

4,228 sqft 0.20 AC lot

Fully renovated office building leased to the district court, offering a stabilized, long-term gross lease structure.

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Class A Medical Office Condo

1611 Pond Road, Allentown, PA 18104

$849,000

3,354 sqft

Turnkey 4th-floor corner suite with ADA-compliant restrooms and multiple exam and consultation rooms.

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Updated Office Building with Parking

Allentown, PA 18106

$350,000

1,128 sqft 0.23 AC lot

Updated office building with first-floor reception and second-floor conference space, plus on-site parking and storage.

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Mixed-Use Investment Property, Allentown, PA

1015 W Hamilton Street, Allentown, PA 18101

$849,900

4,280 sqft 0.09 AC lot

Versatile 3-unit property with commercial and residential income potential.

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Renovated Office Building with Long-Term Lease

1007 Union Boulevard, Allentown, PA 18109

$749,900

4,228 sqft 0.20 AC lot

Fully renovated office building leased to district court on a gross lease with scheduled yearly increases.

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Mixed-Use Retail and Office Building

911 W Hamilton St, Allentown, PA 18101

$1,400,000

6,536 sqft

Building with first-floor retail and two upper floors, plus on-site parking for 12 vehicles.

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Allentown Office Building For Sale

Allentown, PA 18106

$749,000

3,457 sqft 0.59 AC lot

High-visibility office building suitable for owner-user or investment.

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Multi-Building Daycare Facility

2302 2310 S 5th Street, Allentown, PA 18103

$849,900

7,055 sqft 0.34 AC lot

Three multi-story buildings currently set up for daycare use, with recent window, electrical, and kitchen upgrades.

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Industrial Single-Net Investment

718 N Quincy St, Allentown, PA 18109

$1,909,000

23,718 sqft 0.82 AC lot

Single-net leased industrial building with 15'-6" clear height and 2025 roof and renovation improvements.

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Updated Office and Medical Building

449 451 W Linden Street, Allentown, PA 18102

$349,900

3,108 sqft

Updated two-story office building with central air, multiple private rooms, and a private rear parking lot.

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Four-Unit Corner Multifamily

347 N 8th Street, Allentown, PA 18102

$599,000

6,088 sqft 0.06 AC lot

Four-unit corner property with brick-and-stucco exterior, storefront windows, and three occupied apartments.

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Multi-Building Day Care Property

2302 S 5th Street, Allentown, PA 18103

$849,900

7,055 sqft 0.57 AC lot

Three multi-story buildings with recent upgrades, plus an included parking lot parcel, support daycare operations or alternative permitted uses.

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Mixed-Use Building with Dental Office

1977 S 5th Street, Allentown, PA 18103

$525,000

2,540 sqft 0.28 AC lot

Ground-level dental office space combines with 3-bedroom and studio apartments within a renovated mixed-use property.

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Office Building with Conversion Potential

1101-1109 W Hamilton St, Allentown, PA 18101

$5,600,000

120,000 sqft

Well-maintained multi-story office complex with recent renovations and a built-in path for adaptive reuse.

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Three-Story Office Building with Parking

523 W Linden Street, Allentown, PA 18101

$299,900

3,003 sqft 0.05 AC lot

Three-floor office building with flexible layouts, central air, and four off-street parking spaces plus side service access.

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Embassy Bank NNN Branch

1142 South Cedar Crest Boulevard, Allentown, PA 18103

$4,000,000

2,307 sqft

Fee-simple bank branch is leased to Embassy Bank under a corporate-guaranteed triple-net structure.

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Class A Office Building with Parking Lots

1226-1232 W GREEN Street, Allentown, PA 18104

$4,500,000

19,600 sqft 0.72 AC lot

Class A office building with two separate parking lots and public-transportation access near Route 22.

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Freestanding Office Building Investment

2211 Mack Boulevard, Allentown, PA 18103

$1,250,000

9,474 sqft

Fully leased office building in high-demand commercial corridor.

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Allentown Redevelopment Opportunity on 5.5+ Acres

1058 Hausman Road, Allentown, PA 18104

$2,699,000

8,440 sqft 5.55 AC lot

Prime redevelopment site with highway visibility and commercial potential.

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NNN Retail Property with Lease Extension

1735 South 4th Street, Allentown, PA 18103

$1,986,070

8,320 sqft

For sale depreciable retail asset with a recent lease extension under an absolute NNN structure.

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Corner Restaurant with Two Apartments

500 504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

Mixed-use corner property with an operating pizzeria/restaurant and two separate residential units above.

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Allentown, PA Commercial Real Estate Market Trends and Statistics

Explore 135 commercial real estate for sale in Allentown, PA, showcased through 135 active listings on our real estate platform. These investment opportunities span a total of 1,197,812 square feet of properties for sale, with an estimated market value of $159,829,270.

Sale prices for business properties in Allentown, PA start at $75,000, averaging $1,949,137, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 177K

Population Growth (5Y) +6.1%

Median Household Income $66,938

College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
18102	$970.8K
18106	$1.1M
18103	$1.1M
18104	$1.6M
18109	$2.1M

Taxes & Financing

Tax Rate (average for all types) 2.68%

Property Tax per SF $24.82 per SF

Tax Rate vs County Average 0.19 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lehigh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lehigh County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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