Freestanding Restaurant
For Sale
$2,400,000
3750 Hamilton Boulevard, Allentown, PA 18103
CommercialSale, South Whitehall Twp, PA
Property Size8,131 SF
Lot Size1.75 Acres
Price / SF$295.17
Days on Market386
Property Features for 3750 Hamilton Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
HC
Parking
105
Elementary school district
Parkland
Middle school district
Parkland
High school district
Parkland
Directions
Route 22 to Route 309; exit on Route 222/Hamilton Blvd. Go left; property will be on right.
Subdivision
South Whitehall
Standard status
Active
APN
548640508252 001
Size
8,131 SF
Lot size
1.75 Acres
Taxes and HOA fees
Tax Annual Amount
28595
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Building materials
Masonry
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
James J. Balliet · License #PA RS227612L
(610) 972-6808
Added: Sep 21, 2025
Changed: Aug 19
Last Checked: Oct 11 at 12:06AM
MLS# 765152
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 freestanding masonry restaurant building contains 8,131 square feet and was constructed in 1982, with a renovation completed in 2015. The property includes central air, natural gas heating, public water, and public sewer. Renovation is required, providing an opportunity to reconfigure the existing facility for a future commercial use.
The site is positioned a few blocks from the I-78 exits in South Whitehall Township. HC Highway Commercial zoning supports restaurant, bank, car wash, child care, fast-food, veterinary, and retail uses by right. The property also provides 105 parking spaces, supporting customer and staff access.
The site is positioned a few blocks from the I-78 exits in South Whitehall Township. HC Highway Commercial zoning supports restaurant, bank, car wash, child care, fast-food, veterinary, and retail uses by right. The property also provides 105 parking spaces, supporting customer and staff access.
Key Highlights
- 8,131‑square‑foot freestanding masonry restaurant building
- Constructed in 1982; last renovated in 2015
- 105 parking spaces on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,818
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,236,360
$2.2M
Cap Rate 7%
$1,597,400
$1.6M
Cap Rate 9%
$1,242,422
$1.2M
Market Conditions
NOI Build-Up for 8,131 SF
Gross rent
$156.1K $19.20/SF
− Vacancy
−$7.0K −$0.86/SF
EGI
$149.1K $18.34/SF
− OpEx
−$37.3K −$4.58/SF
NOI
$111.8K $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%
$2,236,360
Cap Rate 7%
$1,597,400
Cap Rate 9%
$1,242,422
Alternative Uses
Best Use
Specialty Retail
$1.60M
$1.40M – $1.86M
NOI $111,818 @ 7.0% cap · market cap 4.66%
Second Best
Retail
$1.43M
$1.25M – $1.67M
NOI $100,149 @ 7.0% cap · market cap 4.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 19%
Hotels & Casinos 14%
Apparel 4%
McDonald's
Dining
19,942 visits/mo
0.0 miles
Speedway
Shops & Services
5,881 visits/mo
0.0 miles
Four Points by Sheraton Allentown Lehigh Valley
Hotels & Casinos
2,599 visits/mo
0.2 miles
Holiday Inn Express & Suites Allentown Cen - Dorneyville
Hotels & Casinos
1,615 visits/mo
0.3 miles
Talbots
Apparel
1,108 visits/mo
0.2 miles
Demographics for 18103, PA
48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
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
Questions? Ask Rey
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Similar Off Market Nearby
- Catering by William — 18 S Scenic St, Allentown, PA 18104
- Parkside Pavilion — 3830 Dorney Park Rd, Allentown, PA 18104
Frequently Asked Questions
What type of property is this?
Restaurant - Masonry restaurant property with HC zoning, central air, and public utilities; renovation is required.
Where is this restaurant located?
The property is located at 3750 Hamilton Boulevard Allentown, PA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,131‑square‑foot freestanding masonry restaurant building; Constructed in 1982; last renovated in 2015; 105 parking spaces on site
