Renovated Mixed-Use
For Sale
$815,000
449 N 10th Street, Allentown, PA 18102
Commercial Sale, Allentown, PA
Property Size4,807 SF
Lot Size0.05 Acres
Price / SF$169.54
Days on Market94
Property Features for 449 N 10th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Basement
Partial, Unfinished
Standard status
Active
APN
02 08 G09SE4A 008 047
Size
4,807 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Property Address: 0449 N 10th St /Tile Number: 475916A/School District: Allentown School District /Family Rooms: 0
Tax Annual Amount
5911
Legal Description
Property Address: 0449 N 10th St /Tile Number: 475916A/School District: Allentown School District /Family Rooms: 0
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1885
Floors in Building
3
Flooring type
Tile, Vinyl
Listing Agency:
Real of Pennsylvania-Brodheadsville
(855) 450-0442
Listed By:
Heather Rai Schierloh
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 21 at 4:06AM
MLS# PM-143183
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,807-square-foot mixed-use building combines a street-level commercial storefront with three residential rental units. The apartments include one 1-bedroom unit and two 2-bedroom units, with updated kitchens, remodeled bathrooms, luxury vinyl plank flooring, fresh finishes, and vinyl replacement windows. The commercial space is positioned at the corner and provides visibility for retail, office, or service uses.
Originally constructed in 1885, the property has received interior and exterior renovations while retaining its historic character. Building systems include public water, public sewer, and natural gas service. The property is located near major highways, shopping, restaurants, and Downtown Allentown, with floor plans available for each level.
Originally constructed in 1885, the property has received interior and exterior renovations while retaining its historic character. Building systems include public water, public sewer, and natural gas service. The property is located near major highways, shopping, restaurants, and Downtown Allentown, with floor plans available for each level.
Key Highlights
- 4,807‑square‑foot mixed‑use building on a 0.05‑acre lot
- One street‑level commercial storefront with corner visibility
- Three residential units: one 1‑bedroom and two 2‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,207
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,140
$1.2M
Cap Rate 7%
$845,814
$845.8K
Cap Rate 9%
$657,856
$657.9K
Market Conditions
NOI Build-Up for 4,807 SF
Gross rent
$89.4K $18.60/SF
− Vacancy
−$4.8K −$1.00/SF
EGI
$84.6K $17.60/SF
− OpEx
−$25.4K −$5.28/SF
NOI
$59.2K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,140
Cap Rate 7%
$845,814
Cap Rate 9%
$657,856
Alternative Uses
Best Use
Retail
$845.8K
$740.1K – $986.8K
NOI $59,207 @ 7.0% cap · market cap 7.26%
Second Best
Mixed Use
$670.6K
$586.8K – $782.3K
NOI $46,940 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$944.4K
$826.3K – $1.10M
NOI $66,106 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,777
Businesses Nearby
Explore this area
Business Placement
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a street-level commercial space and three modernized residential rental units.
Where is this mixed-use property located?
The property is located at 449 N 10th Street Allentown, PA.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: 4,807‑square‑foot mixed‑use building on a 0.05‑acre lot; One street‑level commercial storefront with corner visibility; Three residential units: one 1‑bedroom and two 2‑bedroom apartments
