Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    327 Star Rd Allentown, PA 18106

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime 6,227 SF Restaurant, Allentown, PA

    Lot size:
    6,227 SF

    Property Features for 327 Star Rd

    General Information

    Property type
    Bars & Pubs
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,227 SF
    Total Rate
    12972.92

    Spaces For Lease

    at 327 Star Rd, Allentown, PA 18106 Contact us
    Unit

    $25 /Mo

    Size
    6,227 SF
    Contact us

    We can help!

    Listing Contact
    James J. Balliet
    James J. Balliet

    Listing Agency: Keller Williams Real Estate Listing Agent: James J. Balliet

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This 6,227-square-foot freestanding restaurant space in Allentown, Pennsylvania, is available for lease. Located at 327 Star Rd, this single-tenant property sits on a 5.1-acre lot shared with two national hotel chains, offering excellent visibility and accessibility. Currently configured as a family sports bar and restaurant, complete with an outdoor patio, the space presents a versatile opportunity for various concepts, including brew pubs, medical offices, or retail establishments. The property is zoned HC (Highway Commercial) in Lehigh County and benefits from explosive residential growth in the area, along with proximity to numerous hotels, business parks, and major warehouse facilities such as Uline and Amazon. The building is part of a condominium plan currently under development. The lease rate is $25 per square foot, NNN. The property also presents a sale opportunity with an asking price of $1,695,000. This is a by-right opportunity with significant potential for success in a thriving commercial area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sleep Inn Allentown-Fogelsville Hotel & Motel First settler lodge ... Hotel & Motel Staybridge Suites Allentown ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.622145172572
    Latitude
    40.577842885413

    Nearby Similar for Lease

    • $8,500 /Mo
      70,001 SF

      Established Auto Salvage & Repair Hub

      Turn-key auto salvage and repair business for lease in Allentown.
      299 W Cedar St, Allentown, PA 18102
      View Details
    • $21 SF/Yr
      3,704 SF

      Retail Space in Allentown, PA

      Retail space for lease near upcoming waterfront development.
      209 W Union St, Allentown, PA 18102
      View Details
    • $1,200 /Mo

      Affordable Allentown Commercial Space For Rent

      Affordable commercial space in high-traffic area, available for rent.
      1005 S Cedar Crest Blvd, Allentown, PA 18103
      View Details
    • $3,000 /Mo

      Allentown Retail/Office Space For Rent

      Prime retail or office space in Allentown's West End.
      2895 Hamilton Boulevard Byp, Allentown, PA 18104
      View Details
    • $2,950 /Mo

      Allentown Commercial Space For Rent

      Commercial space suitable for contractors and property management companies.
      316 N Madison St, Allentown, PA 18102
      View Details
    • $2,500 /Mo
      4,617 SF

      Allentown City Office Space Available

      Office space near Lehigh County Courthouse and City Hall.
      441 W Linden St, Allentown, PA 18102
      View Details
    • $1,200 /Mo

      South Whitehall Office Suite For Rent

      Professional office suite in high-traffic location near new development.
      2814 Walbert Ave, Allentown, PA 18104
      View Details
    • $2,200 /Mo
      915 SF

      Allentown City Commercial Space Available

      Commercial rental with high visibility, convenient access, and parking.
      140 N 7Th St, Allentown, PA 18101
      View Details
    • $2,950 /Mo
      230,432 SF

      Unique Space with Commercial Kitchen

      Versatile space with commercial kitchen, suitable for various businesses.
      1183 Grange Rd, Allentown, PA 18106
      View Details
    • $14 SF/Yr
      31,363 SF

      Allentown Class "A" Office Building

      Class "A" office building in West End Allentown for lease.
      1226-1232 W Green St, Allentown, PA 18104
      View Details
    • $12 SF/Yr

      Retail Space in Allentown City

      Established retail center with national and local tenants on Lehigh Street.
      1471 Lehigh St, Allentown, PA 18103
      View Details
    • $14 SF/Yr

      Allentown Retail Space For Rent

      Retail space available in well-established Allentown shopping center.
      1471 Lehigh St, Allentown, PA 18103
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Prime 6,227 SF Restaurant, Allentown, PA
    Where is this bar & pub located?
    The property is located at 327 Star Rd Allentown, PA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 6,227 SF freestanding restaurant space available for lease in Allentown, PA.; Located at 327 Star Rd on a 5.1-acre lot, offering excellent visibility and accessibility near major hotels and businesses.; Currently configured as a sports bar/restaurant with outdoor patio, suitable for various uses.
    (610) 435-1800 Call to check price and availability
    Request Owner's contact information
    327 Star Rd Allentown, PA 18106
    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.
    327 Star Rd
    Allentown, PA 18106
    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
    327 Star Rd Allentown, PA 18106
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James J. Balliet
    James J. Balliet
    Real Estate License ID: PA RS227612L
    (610) 435-1800 (610) 972-6808 (215) 664-1091
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!