Turnkey Mixed-Use Corner
449 N 10th Street Allentown, PA 18102
New
449 N 10th Street, Allentown, PA, 18102
$850,000
For Sale
$850,000
COMMERCIAL - Allentown, PA
Property Size4,807 SF
Lot Size0.05 Acres
Price / SF$176.83
Days on Market2
Property Features for 449 N 10th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Unfinished, Partial
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1885
- Floors in Building
- 3
- Flooring type
- Vinyl, Tile
Listing agency
Real of Pennsylvania-Brodheadsville
(855) 450-0442
Listed by
Heather Rai Schierloh
Added: Jul 20 Checked: Jul 21 at 10:06AM
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.
Investment Insights
Based on property information with market context.
This fully renovated mixed-use building includes one highly visible commercial storefront on the main level and three residential rental units above. The residential layout consists of one 1-bedroom apartment and two 2-bedroom apartments, each described as updated with modern kitchens, remodeled bathrooms, luxury vinyl plank flooring, fresh finishes, and replacement vinyl windows. The property was originally built in 1885 and has undergone a complete interior and exterior renovation while maintaining its character.
The commercial space is positioned for corner visibility, providing exposure for retail, office, or service-based operations. The property is served by public water and public sewer and includes natural gas, and the listing materials indicate floor plans are included for each level. Located in Downtown Allentown, it is presented as an income-producing investment with a gross building area described as over 4,000 square feet and a lot size of 0.05 acres.
Access to detailed unit and level layouts is available through the included floor plans in the listing documents.
The commercial space is positioned for corner visibility, providing exposure for retail, office, or service-based operations. The property is served by public water and public sewer and includes natural gas, and the listing materials indicate floor plans are included for each level. Located in Downtown Allentown, it is presented as an income-producing investment with a gross building area described as over 4,000 square feet and a lot size of 0.05 acres.
Access to detailed unit and level layouts is available through the included floor plans in the listing documents.
Key Highlights
- Mixed‑use building with 1 commercial storefront on the main level and 3 residential rental units above
- Fully renovated interiors and exterior; originally built in 1885 while maintaining its character
- Residential units: 1 spacious 1‑bedroom apartment and two 2‑bedroom apartments with modern kitchens and remodeled bathrooms
Local Financial Insights For 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 | $89.4k | $18.60 |
| − Vacancy | −$4.8k | −$1.00 |
| EGI | $84.6k | $17.60 |
| − OpEx | −$25.4k | −$5.28 |
| NOI | $59.2k | $12.32 |
4,807 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$845.8K
$740.1K – $986.8K
NOI $59,207 @ 7.0% cap · market cap 6.97%
Second Best
Multifamily LT 5
$720.3K
$630.3K – $840.4K
NOI $50,423 @ 7.0% cap · market cap 5.93%
Theoretical Best
Specialty Retail
$944.4K
$826.3K – $1.10M
NOI $66,106 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Smokehub
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Renovated building with a street-level commercial storefront and three modern residential units above.
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 $850,000.
What are key features of this property?
This property features: Mixed‑use building with 1 commercial storefront on the main level and 3 residential rental units above; Fully renovated interiors and exterior; originally built in 1885 while maintaining its character; Residential units: 1 spacious 1‑bedroom apartment and two 2‑bedroom apartments with modern kitchens and remodeled bathrooms
