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    Property profile & analytics

    1 Penn St Allentown, PA 18101

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-3566037
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1 Penn St

    Property type
    Commercial real estate

    Description

    This thriving, locally-owned specialty retail store in Allentown, Pennsylvania, presents a unique investment opportunity. Located at 1 N Penn St, 18101, this business has cultivated a dedicated customer base over several decades, drawing shoppers from a wide geographic area within the Lehigh Valley and beyond. The store boasts a diverse and popular product selection, catering to a multi-generational clientele. The current owners, passionate about their business and community, are seeking retirement after many years of successful operation, making this a turnkey opportunity for a new owner to step in and continue the legacy. The asking price for this established business is $300,000. This represents a chance to acquire a well-regarded, profitable enterprise with a proven track record and strong community ties. The business is a "Business Only" sale, offering a chance to own a successful and established entity within a vibrant market. The location at 1 N Penn St in Allentown, Lehigh County, PA offers excellent visibility and accessibility. This is an exceptional opportunity for an individual or couple seeking to own and operate a beloved community business.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.466960574286
    Latitude
    40.603571359993

    Comparable in this City

    • Contact for pricing
      0.33 Acres

      Allentown Retail Space For Lease

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    • Contact for pricing
      5,070 SF

      Prime Downtown Location in Allentown

      Renovated retail/office space in a high-traffic downtown location.
      115 8Th St S, Allentown, PA 18101
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    • $425,000

      Profitable Locksmith Business Opportunity

      Established locksmith business for sale in Lehigh Valley location.
      Knauss & Son Locksmith, Allentown, PA 18101
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    • $6,500,000
      51,816 SF

      Iconic Mixed-Use Building in Allentown

      Five-story mixed-use building in Downtown Allentown with income potential.
      812 W Hamilton St, Allentown, PA 18101
      View Details
    • $1,399,999
      20,042 SF

      Allentown Mixed-Use Redevelopment Opportunity

      Prime redevelopment in Allentown's NIZ, suitable for residential or commercial.
      730 W Hamilton St, Allentown, PA 18101
      View Details
    • $1,290,000
      7,059 SF

      Redevelopment Opportunity Near PPL Center

      Corner building on large lot in Allentown's NIZ zone.
      926-930 W Hamilton St, Allentown, PA 18101
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.33 Acres

      Allentown Retail Space For Lease

      Prime Restaurant/Lounge Space, NIZ Zone
      1135 Hamilton St, Allentown, PA 18101
      View Details
    • Contact for pricing
      5,070 SF

      Prime Downtown Location in Allentown

      Renovated retail/office space in a high-traffic downtown location.
      115 8Th St S, Allentown, PA 18101
      View Details
    • $425,000

      Profitable Locksmith Business Opportunity

      Established locksmith business for sale in Lehigh Valley location.
      Knauss & Son Locksmith, Allentown, PA 18101
      View Details
    • $6,500,000
      51,816 SF

      Iconic Mixed-Use Building in Allentown

      Five-story mixed-use building in Downtown Allentown with income potential.
      812 W Hamilton St, Allentown, PA 18101
      View Details
    • $1,399,999
      20,042 SF

      Allentown Mixed-Use Redevelopment Opportunity

      Prime redevelopment in Allentown's NIZ, suitable for residential or commercial.
      730 W Hamilton St, Allentown, PA 18101
      View Details
    • $1,290,000
      7,059 SF

      Redevelopment Opportunity Near PPL Center

      Corner building on large lot in Allentown's NIZ zone.
      926-930 W Hamilton St, Allentown, PA 18101
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      9,453 SF

      Affordable Office Space in Allentown

      Flexible, affordable workspace with shared amenities in Downtown Allentown.
      931 W Hamilton St Unit, Allentown, PA 18101
      View Details
    • $460 /Mo
      9,452 SF

      Affordable Office Space in Allentown

      Flexible, affordable office space with shared amenities in downtown Allentown.
      931 W Hamilton St Unit, Allentown, PA 18101
      View Details
    • $1,500 /Mo

      Downtown Allentown Office Space Available

      Affordable, flexible office spaces in revitalized downtown Allentown.
      931 W Hamilton St Unit, Allentown, PA 18101
      View Details
    • Contact for pricing
      36,199 SF

      Class A Office Space Available

      LEED Gold certified office building in Downtown Allentown business corridor.
      835 Hamilton St, Allentown, PA 18101
      View Details
    • New
      $525 /Mo
      Pending

      Affordable Office Space in Allentown

      Flexible, affordable workspace with shared amenities in downtown Allentown.
      931 W Hamilton St Unit, Allentown, PA 18101
      View Details
    • $17 SF/Yr

      Allentown City Office Space Available

      1,700 SF office suite in Allentown's Central Business District.
      33 S 7Th St, Allentown, PA 18101
      View Details
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    1 Penn St
    Allentown, PA 18101
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    Realmo Value Estimation

    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.

    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.

    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
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