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    Freestanding Commercial Condo For Sale Title is generated by Realmo AI

    327 Star Rd, Allentown, PA 18106

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    Freestanding 6,227 SF commercial condo in Upper Macungie Township.

    Type:Retail
    Property size:
    6,227 SF
    Lot size:
    5.10 Acres
    Price / SF:
    $272/SF
    Added:
    Apr 18, 2024
    Days on Market:
    810
    Last Refresh:
    Jul 4 at 10:43 am

    Property Features for 327 Star Rd

    General Information

    Standard status
    Active
    Size
    6,227 SF
    Lot size
    5.10 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2005

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    James Balliet
    James Balliet

    Listing office The James Balliet Property Group

    Listing date Apr 18, 2024

    Source Crexi

    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 The James Balliet Property Group

    HighLights

    • Prime restaurant/office condominium opportunity in a high‑traffic location.
    • Zoned HC‑Highway Commercial, allowing for a wide range of uses.
    • Freestanding 6,227 SF structure with existing restaurant build‑out and outdoor patio.
    • Located on a 5.1‑acre lot shared with two national hotel chains.
    • Explosive residential growth and proximity to major businesses and business parks.
    • Available for immediate sale or lease.

    Overview

    Available for immediate sale or lease is a 6,227 square foot freestanding commercial condominium, identified as Unit-1, situated on a 5.1-acre lot shared with two national hotel chains. Located in Upper Macungie Township, PA, the property is zoned HC- Highway commercial, offering a by-right opportunity for various business ventures, including restaurant concepts, brew pubs, medical offices, and retail establishments. The property is currently configured as a chain family sports bar/restaurant, complete with an outdoor patio. The exact details of the condominium plan are currently being engineered. The surrounding area is experiencing significant residential growth and is near numerous hotels, business parks, and warehouse facilities, including Uline and Amazon.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $119.6k $19.20
    − Vacancy −$5.4k −$0.86
    EGI $114.2k $18.34
    − OpEx −$28.5k −$4.58
    NOI $85.6k $13.75
    6,227 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.22M
    $1.07M – $1.43M (±1% cap)
    NOI $85,634 @ 7.0% cap · market cap 5.05%
    Second Best
    Retail
    $1.10M
    $958.7K – $1.28M (±1% cap)
    NOI $76,697 @ 7.0% cap · market cap 4.52%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sleep Inn Allentown-Fogelsville Hotel & Motel First settler lodge ... Hotel & Motel Staybridge Suites Allentown ... Hotel & Motel

    Suggested Use

    Garden Center Furniture & Home Goods HVAC Service Electronics & Wireless Store Cafe & Coffee Shop Clothing & Fashion Store Wine and Liquor Store Shopping Center & Mall Carpet & Flooring Store Nursing Home

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

    Similar Places Nearby

    • Absolute Entertainment — Allentown, PA 18106
    • Iron Run Beverage — 7525 Tilghman St, Allentown, PA 18106

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.6213325
    Latitude
    40.5782907

    FAQs

    What type of property is this?
    Bar & Pub - Freestanding 6,227 SF commercial condo in Upper Macungie Township.
    Where is this bar & pub located?
    The property is located at 327 Star Rd Allentown, PA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: Prime restaurant/office condominium opportunity in a high‑traffic location.; Zoned HC‑Highway Commercial, allowing for a wide range of uses.; Freestanding 6,227 SF structure with **existing restaurant build‑out and outdoor patio**.
    (610) 435-1800 Call to check price and availability
    More about this property
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