Mixed-Use Property with
New
For Sale
$649,900
202 S 17th Street, Allentown, PA 18104
CommercialSale, Allentown City, PA
Property Size2,579 SF
Lot Size0.08 Acres
Price / SF$251
Days on Market2
Property Features for 202 S 17th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RM
Parking
2
Parking features
Garage, Driveway, On Street, Off Street
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
From Hamilton, South on 17th Street. Corner of 17th and Union.
Subdivision
Allentown-West
Standard status
Active
APN
549657720038 001
Size
2,579 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
6007
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Number of units
2
Building materials
Brick, VinylSiding
Roof type
Flat
Listing Agency:
Harvey Z Raad Real Estate
(610) 433-5551
Listed By:
Judi Youssef
(484) 619-0545
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 12:06PM
MLS# 786365
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines restaurant space with an attached home containing three bedrooms and one bathroom. The restaurant includes a fully equipped kitchen, dining area, and bar seating. A detached two-car garage and rear yard are also part of the property. The building measures 2,579 square feet on a 0.082-acre lot and was built in 1925.
The property is zoned RM. Public water and sewer serve the site. Heating is natural gas, cooling is central air, and the roof is flat.
The property is zoned RM. Public water and sewer serve the site. Heating is natural gas, cooling is central air, and the roof is flat.
Key Highlights
- Restaurant space with equipped kitchen, dining area, and bar seating
- Attached residence with 3 bedrooms and 1 bathroom
- Detached 2‑car garage and rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,466
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,320
$709.3K
Cap Rate 7%
$506,657
$506.7K
Cap Rate 9%
$394,067
$394.1K
Market Conditions
NOI Build-Up for 2,579 SF
Gross rent
$49.5K $19.20/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$47.3K $18.34/SF
− OpEx
−$11.8K −$4.58/SF
NOI
$35.5K $13.75/SF
Area
Allentown, PA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,320
Cap Rate 7%
$506,657
Cap Rate 9%
$394,067
Alternative Uses
Best Use
Specialty Retail
$506.7K
$443.3K – $591.1K
NOI $35,466 @ 7.0% cap · market cap 5.46%
Second Best
Mixed Use
$359.8K
$314.8K – $419.7K
NOI $25,184 @ 7.0% cap · market cap 3.88%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,804
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
Dunkin' Donuts
Dining
8,269 visits/mo
0.3 miles
Fulton Bank
Shops & Services
2,330 visits/mo
0.3 miles
Liberty Tax
Shops & Services
665 visits/mo
0.5 miles
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space is paired with an attached three-bedroom home and a detached garage.
Where is this mixed-use property located?
The property is located at 202 S 17th Street Allentown, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Restaurant space with equipped kitchen, dining area, and bar seating; Attached residence with 3 bedrooms and 1 bathroom; Detached 2‑car garage and rear yard
