Storefront Commercial
For Sale
Contact for pricing
951 N 5TH STREET, Allentown, PA 18102
This Allentown storefront offers a compact setting for a new or expanding business near Sumner Avenue.
Property Size550 SF
Price / SF$2.73
Days on Market8
Property Features for 951 N 5TH STREET
General Information
Standard status
Active
Size
550 SF
Property subtype
Commercial
Building Details
Year Built
1936
Listing Agency:
Howard Hanna The Frederick Group
(610) 398-0411
Listed By:
Jared Sawka · License #2565975
(267) 761-8355
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 3
Last Checked: Nov 3 at 7:51AM
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 Howard Hanna The Frederick Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 951 N 5th Street in Allentown, this 550-square-foot commercial storefront dates to 1936. The space is presented for business use and may suit an operator seeking a modest footprint for a new venture or an existing business location.
Sumner Avenue is nearby, and the property offers parking for visitors.
Sumner Avenue is nearby, and the property offers parking for visitors.
Key Highlights
- 550‑square‑foot commercial storefront
- Built in 1936
- Near Sumner Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,480
$135.5K
Cap Rate 7%
$96,771
$96.8K
Cap Rate 9%
$75,267
$75.3K
Market Conditions
NOI Build-Up for 550 SF
Gross rent
$10.2K $18.60/SF
− Vacancy
−$552 −$1.00/SF
EGI
$9.7K $17.60/SF
− OpEx
−$2.9K −$5.28/SF
NOI
$6.8K $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%
$135,480
Cap Rate 7%
$96,771
Cap Rate 9%
$75,267
Alternative Uses
Best Use
Retail
$96.8K
$84.7K – $112.9K
NOI $6,774 @ 7.0% cap · market cap 451.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$108.1K
$94.6K – $126.1K
NOI $7,564 @ 7.0% cap · market cap 504.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 28%
Groceries 21%
Home Improvements & Furnishings 1%
IGA Little Apple Market
Groceries
21,625 visits/mo
0.5 miles
Dunkin' Donuts
Dining
14,587 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
13,181 visits/mo
0.3 miles
Dollar General
Shops & Services
12,750 visits/mo
0.4 miles
Gulf Oil
Shops & Services
10,040 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Blossoms Creative Floral Design — allentown, pa 18102
- Florist — 522 5th st, whitehall, pa 18052
Frequently Asked Questions
What type of property is this?
Storefront property - This Allentown storefront offers a compact setting for a new or expanding business near Sumner Avenue.
Where is this storefront property located?
The property is located at 951 N 5TH STREET Allentown, PA.
What are key features of this property?
This property features: 550‑square‑foot commercial storefront; Built in 1936; Near Sumner Avenue
