Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Allentown Retail Space For Sale Title is generated by Realmo AI

    401 South Carlisle Street, Allentown, PA 18109

    View on Map
    Claim this Listing
    For Sale
    $4,700,000

    Retail space available for purchase in Allentown, Pennsylvania.

    Type:Retail
    Property size:
    39,500 SF
    Price / SF:
    $118/SF
    Added:
    Feb 23, 2026
    Days on Market:
    103
    Last Refresh:
    Apr 3 at 4:53 am

    Property Features for 401 South Carlisle Street

    General Information

    Standard status
    Active
    Size
    39,500 SF
    Property subtype
    Retail

    Properties For Sale

    at 401 South Carlisle Street Contact us

    We can help!

    Listing Contact
    Mayer Ghonoja
    Mayer Ghonoja

    Listing agent Mayer Ghonoja

    Listing office Kassin Sabbagh Realty (KSR)

    Listing date Feb 23, 2026

    Source Ksrny

    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 Kassin Sabbagh Realty (KSR)

    HighLights

    • Retail space available for purchase.
    • Located in Allentown, Pennsylvania.
    • Property is retail.
    • Property is for purchase.
    • Located in Allentown.
    • Pennsylvania location.

    Overview

    This commercial real estate offering features a retail space located in Allentown, Pennsylvania. The property encompasses a total area of 39,500 square feet. The property is intended for retail use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.445616
    Latitude
    40.606182

    Nearby Similar for Sale

    • $1,400,000
      6,536 SF

      Allentown Mixed-Use Redevelopment Opportunity

      Mixed-use building in Allentown's NIZ district, suitable for redevelopment.
      911 W Hamilton Street, Allentown City, PA 18101
      View Details
    • $749,000
      3,457 SF

      Allentown Office Building For Sale

      High-visibility office building suitable for owner-user or investment.
      6614 Ruppsville Road, Upper Macungie Twp, PA 18106
      View Details
    • $799,000
      4,228 SF

      Allentown Commercial Investment Opportunity

      Leased commercial building near upcoming waterfront development.
      1007 Union Boulevard, Allentown, PA 18109
      View Details
    • $799,000
      4,228 SF

      Allentown Commercial Building For Sale

      Investment opportunity near upcoming Waterfront development on busy Union Blvd.
      1007 UNION Boulevard, ALLENTOWN, PA 18109
      View Details
    • $849,900
      4,280 SF

      Mixed-Use Investment Property, Allentown, PA

      Versatile 3-unit property with commercial and residential income potential.
      1015 W Hamilton Street, Allentown, PA 18101
      View Details
    • $799,000
      4,228 SF

      Allentown City Investment Opportunity

      Leased building near upcoming waterfront development.
      1007 Union Boulevard, Allentown City, PA 18109
      View Details
    • $375,000
      3,057 SF

      Allentown City Office Building For Sale

      Office building near Lehigh County Courthouse and City Hall.
      441 W Linden Street, Allentown City, PA 18102
      View Details
    • $575,000
      4,220 SF

      Corner Mixed-Use Investment Property

      Operating pizzeria on the first floor paired with two apartments, offering separate utilities and multiple income streams.
      500 504 W Gordon Street, Allentown City, PA 18102
      View Details
    • $199,000
      2,312 SF

      Turnkey Church with Classroom Space

      Lovingly maintained church offers a sizable sanctuary and flexible lower-level rooms for worship or adaptable community uses.
      31 S 13th Street, Allentown City, PA 18102
      View Details
    • $575,000
      4,220 SF

      Mixed-Use Investment Opportunity

      Corner property with pizzeria, and two apartments in Allentown.
      500 504 W Gordon Street, Allentown City, PA 18102
      View Details
    • $1,395,000
      7,076 SF

      Turnkey Multifamily Investment Opportunity

      Six-unit multifamily property with strong rental income in Allentown, PA.
      732 W Tilghman Street, Allentown City, PA 18102
      View Details
    • $849,900
      7,055 SF

      Daycare/Multifamily Opportunity in Allentown City

      Three buildings suitable for daycare or multifamily use in Allentown.
      2302 2310 S 5th Street, Allentown City, PA 18103
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for purchase in Allentown, Pennsylvania.
    Where is this retail space located?
    The property is located at 401 South Carlisle Street Allentown, PA.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Retail space available for purchase.; Located in Allentown, Pennsylvania.; Property is retail.
    (212) 548-3945
    We can help!
    Listing Contact
    Mayer Ghonoja
    Mayer Ghonoja
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    401 South Carlisle Street, Allentown, PA 18109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!