Corner Mixed-Use Investment
500 504 W Gordon Street, Allentown, PA 18102
New
MULTI_FAMILY - Allentown City, PA
Property size:
4,220 SFLot size:
0.06 AcresPrice / SF:
$136/SF- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 1:06 pm
Property Features for 500 504 W Gordon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-MH
- Parking
- 1
- Parking features
- On Street
- Standard status
- Active
- APN
- 640712277558-1
- Size
- 4,220 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5886
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
Listing agent Anthony Ramos (610) 866-4423
Listing office Century 21 Ramos Realty 230 E 4th Street, Bethlehem, PA (610) 866-4423
Listing date Jun 2, 2026
MLS# 778174
Listing URL
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.
HighLights
- Mixed‑use corner property with an operating pizzeria/restaurant on the first floor and two apartment units upstairs
- Residential units include a 1‑bedroom, two‑level apartment and a 3‑bedroom apartment with hardwood floors and an updated tile bathroom
- Separate utilities available for the commercial space and each residential unit, helping streamline tracking of expenses
- Large basement offers storage space for the business and tenants
- Public water and public sewer
- Heating: natural gas; cooling: window unit(s); parking: on‑street
Overview
This mixed-use corner property combines a well-established, operating pizzeria/restaurant on the first floor with two residential units upstairs. The residential portion includes a 1-bedroom unit spread across two levels, and a well-maintained 3-bedroom apartment featuring hardwood floors, an updated tile bathroom, and ample living space. A large basement adds substantial storage for both the business and the tenants. Separate utilities are provided for the commercial space and each residential unit, supporting straightforward management and expense tracking.
Set on a prime corner with strong street presence, the property is positioned for visibility and exposure. The location offers convenient access to major routes and is within walking distance to the hospital and local amenities.
For investors, the structure supports a diversified income approach through both commercial and residential tenants. The combination of an active food service component, two apartments, and independently metered utilities can appeal to buyers looking to manage multiple revenue streams within a single asset.
Set on a prime corner with strong street presence, the property is positioned for visibility and exposure. The location offers convenient access to major routes and is within walking distance to the hospital and local amenities.
For investors, the structure supports a diversified income approach through both commercial and residential tenants. The combination of an active food service component, two apartments, and independently metered utilities can appeal to buyers looking to manage multiple revenue streams within a single asset.
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.470657
- Latitude
- 40.608676
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Operating pizzeria on the first floor paired with two apartments, offering separate utilities and multiple income streams.
Where is this conventional restaurant located?
The property is located at 500 504 W Gordon Street Allentown, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Mixed‑use corner property with an operating pizzeria/restaurant on the first floor and two apartment units upstairs; Residential units include a 1‑bedroom, two‑level apartment and a 3‑bedroom apartment with hardwood floors and an updated tile bathroom; Separate utilities available for the commercial space and each residential unit, helping streamline tracking of expenses
