Standalone Mixed-Use Commercial
For Sale
$775,000
331 Grape Street, Whitehall, PA 18052
C1 zoning and an active takeout kitchen provide an existing commercial operation, subject to applicable approvals.
Property Size7,714 SF
Price / SF$100.47
Days on Market33
Property Features for 331 Grape Street
General Information
Standard status
Active
Size
7,714 SF
Property subtype
Retail
Zoning
C1
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,670
Building Details
Building Size
7,714 SF
Year Built
1945
Buildings
1
Listing Agency:
Keller Williams Allentown
Listed By:
Ravi Dhingra
(610) 435-1800
Source:
Redstonerun
Added: Sep 30
Changed: Oct 31
Last Checked: Oct 31 at 3:25AM
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
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Investment Insights
Based on property information with market context.
This standalone mixed-use commercial building contains 7,714 square feet and was built in 1945. An operating Indian fast-food takeout kitchen occupies part of the property, with an established customer base. The building has also accommodated beverage, bakery, dry-cleaning, and Indian grocery businesses over time.
At 331 Grape Street in Whitehall Township, the property is zoned C1. A range of commercial uses may be possible, subject to township approvals and applicable regulations.
At 331 Grape Street in Whitehall Township, the property is zoned C1. A range of commercial uses may be possible, subject to township approvals and applicable regulations.
Key Highlights
- 7,714‑square‑foot standalone commercial building
- Operating Indian fast‑food takeout kitchen with an established customer base
- C1 zoning; potential uses are subject to township approvals and applicable regulations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,717
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,340
$1.2M
Cap Rate 7%
$881,671
$881.7K
Cap Rate 9%
$685,744
$685.7K
Market Conditions
NOI Build-Up for 7,714 SF
Gross rent
$88.9K $11.52/SF
− Vacancy
−$6.6K −$0.85/SF
EGI
$82.3K $10.67/SF
− OpEx
−$20.6K −$2.67/SF
NOI
$61.7K $8.00/SF
Area
Lehigh County, PA
Vacancy
7.40%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,340
Cap Rate 7%
$881,671
Cap Rate 9%
$685,744
Alternative Uses
Best Use
Mixed Use
$1.13M
$992.6K – $1.32M
NOI $79,406 @ 7.0% cap · market cap 10.25%
Second Best
Specialty Retail
$881.7K
$771.5K – $1.03M
NOI $61,717 @ 7.0% cap · market cap 7.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 33%
Apparel 4%
Home Improvements & Furnishings 3%
Michaels
Shops & Services
30,942 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
27,141 visits/mo
0.3 miles
Olive Garden
Dining
27,073 visits/mo
0.3 miles
LongHorn Steakhouse
Dining
21,765 visits/mo
0.4 miles
Hibachi Grill & Supreme Buffet
Dining
15,538 visits/mo
0.5 miles
Demographics for 18052, PA
29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - C1 zoning and an active takeout kitchen provide an existing commercial operation, subject to applicable approvals.
Where is this mixed-use property located?
The property is located at 331 Grape Street Whitehall, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 7,714‑square‑foot standalone commercial building; Operating Indian fast‑food takeout kitchen with an established customer base; C1 zoning; potential uses are subject to township approvals and applicable regulations
