22 6Th St, Allentown, PA 18101
This exceptional six-story, 21,318-square-foot building presents a unique investment opportunity in the revitalized heart of Allentown, Pennsylvania. Located at 22 N 6th St, in Lehigh County, this property boasts a prime location adjacent to the Arts Walk and benefits from the significant investment and development spurred by the Neighborhood Improvement Zone (NIZ) initiative. Previously home to high-end establishments like The Cosmopolitan and Hook Seafood Restaurant, this fully renovated space features top-of-the-line finishes throughout, including a unique glass rooftop bar—the only one in Allentown. With 100 feet of frontage on N 6th Street, the versatile layout offers significant potential for various uses, including its original configuration as a restaurant, event space, or catering facility. Alternatively, its size and features could be adapted for a boutique hotel or high-end residential development. The property is currently vacant and zoned B-1, offering flexibility for a wide range of commercial ventures. The asking price is $3,400,000, translating to $159.49 per square foot. This is a rare chance to acquire a landmark property in a thriving urban environment. The current owner will consider leasing options to qualified tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.