Allentown, PA Restaurants for Sale

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Whitehall, PA Bethlehem, PA Catasauqua, PA Emmaus, PA Fountain Hill, PA Hanover Twp, PA Coplay, PA Center Valley, PA

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Updated: Jun 17

Mixed-Use Corner Restaurant Property

500 -504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

Mixed‑use corner property with an operating pizzeria/restaurant on the first floor
Residential income includes 2 apartments: a 1‑bedroom, 2‑level unit and a 3‑bedroom apartment
3‑bedroom unit features hardwood floors and an updated tile bathroom
Separate utilities for the commercial space and each residential unit for easier expense tracking
Large basement provides storage space for both the business and tenants

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This listing looks promising.

Here's a quick look at some key insights for

500 -504 W Gordon Street, Allentown City, PA 18102

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$41K
Annual
Mortgage

$50K
Recorded
Last Sold

Jun 2015
$57K

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Updated: Jun 2

Corner Restaurant with Two Apartments

500 504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

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

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Mixed-Use Corner Restaurant Building

500 504 W Gordon Street, Allentown, PA 18102

$530,000

4,220 sqft 0.06 AC lot

Operating pizzeria plus two apartments with separate utilities and shared basement storage.

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Freestanding Commercial Condo For Sale

327 Star Rd, Allentown, PA 18106

$1,695,000

6,227 sqft 5.10 AC lot

Freestanding 6,227 SF commercial condo in Upper Macungie Township.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Allentown Mixed-Use Redevelopment Opportunity

926 928 W Hamilton Street, Allentown, PA 18101

$1,600,000

7,059 sqft 0.16 AC lot

Prime redevelopment site in Allentown's NIZ district.

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Turnkey Food Service Opportunity

Allentown, PA 18104

$60,000

Fully equipped commercial kitchen in high-traffic mall, ready for your vision.

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Allentown City Versatile Facility

22 N 6th Street, Allentown, PA 18101

$2,399,000

21,318 sqft 0.09 AC lot

Six-level structure with glass rooftop bar in revitalized downtown Allentown.

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Versatile Allentown Restaurant/Event Facility

18-22 N 6th St, Allentown, PA

$2,399,000

21,318 sqft 0.10 AC lot

Six-level restaurant/event facility in revitalized downtown Allentown.

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Allentown Restaurant with Attached Home

202 204 S 17th Street, Allentown, PA 18104

$749,900

Family-owned restaurant with attached home in West Allentown.

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Allentown Six-Level Versatile Structure

22 N 6th St, Allentown, PA 18101

$2,399,000

0.09 AC lot

Six-level structure with glass rooftop bar in revitalized Allentown.

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Restaurant Space in Historic Building

702 Hamilton Street, Allentown, PA 18101

Contact for pricing

Restaurant space with patio in downtown Allentown's Center Square.

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Successful Food Truck Business For Sale

840 Hamilton St, Allentown, PA 18101

$35,000

Turnkey food truck business with established recipes and equipment.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Allentown, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Bar/Restaurant with Real Estate

1635 Broadway, Bethlehem, PA 18015

$1,500,000

4,051 sqft 0.79 AC lot

Operating bar/restaurant with real estate, strong revenue, expansion potential.

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Turnkey Bar and Restaurant Property

1635 Broadway, Bethlehem, PA 18015

$1,500,000

4,051 sqft

Fully equipped bar-restaurant with a liquor license and on-site parking, plus included real estate.

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Lower-Level Restaurant With Full Bar

121 Lehigh Valley Mall, Whitehall, PA 18052

$325,000

4,600 sqft

Family-run restaurant operates on the lower level of Lehigh Valley Mall and includes a fully equipped kitchen, full bar, and E liquor license.

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Drive-Thru Building Near Lehigh Valley Mall

1205 Grape Street, Whitehall, PA 18052

Contact for pricing

3,956 sqft

Drive-thru restaurant building in a high-traffic, growing area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Lot on Hamilton

Allentown, PA 18103

$1,800,000

1.38 AC lot

Exceptional commercial lot in Lehigh Valley's retail corridor.

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Prime Commercial Lot on Hamilton

3250 HAMILTON Boulevard, Allentown, PA 18103

$1,800,000

1.38 AC lot

Exceptional commercial lot in Lehigh Valley's retail corridor.

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Prime Retail Development Opportunity

Allentown, PA 18106

$2,000,000

1.63 AC lot

1.62 acres at Hamilton Crossings entrance, Lower Macungie Twp.

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Land For Sale

4830 Huckleberry Rd, Orefield, PA 18069

$785,000

Land for sale at traffic signal.

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Off-Market Properties in Allentown, PA

Consider similar Off-Market properties in Allentown, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

3015 Lehigh St, Allentown, PA 18103-7031

$1,880,000

Estimated value

10,918 sqft 1.79 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

3115 Tilghman St, Allentown, PA 18104-4221

$2,700,000

Estimated value

2,200 sqft 0.75 AC lot

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RESTAURANT

3400 Lehigh St, Allentown, PA 18103-7039

Value Estimation by Request

5,139 sqft 1.45 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

402-404 Emaus Ave, Allentown, PA 18103

Value Estimation by Request

1,637 sqft 0.24 AC lot

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RESTAURANT

2114 Tilghman St, Allentown, PA 18104-4349

Unit 2126

$800,000

Estimated value

2,972 sqft 0.37 AC lot

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RESTAURANT

1902 Allen St, Allentown, PA 18104-5005

Value Estimation by Request

2,400 sqft 0.06 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

406 Emaus Ave, Allentown, PA 18103-4913

Unit 416

Value Estimation by Request

3,000 sqft 0.23 AC lot

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RESTAURANT

4558 Crackersport Rd, Allentown, PA 18104-9327

$520,000

Estimated value

3,682 sqft 0.52 AC lot

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RESTAURANT

1327-1331 Chew St, Allentown, PA 18102

$1,055,000

Estimated value

12,900 sqft 0.14 AC lot

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RESTAURANT

1836 Catasauqua Rd, Allentown, PA 18109-3128

$825,000

Estimated value

4,671 sqft 1.00 AC lot

View details

RESTAURANT

37 9th St, Allentown, PA 18102

$545,000

Estimated value

1,386 sqft 0.06 AC lot

View details

RESTAURANT

3141 Hamilton Blvd, Allentown, PA 18103-3629

$670,000

Estimated value

5,256 sqft 0.52 AC lot

View details

Allentown, PA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Allentown, PA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 120,398 square feet of properties for sale, with an estimated market value of $16,183,000.

Sale prices for restaurant properties in Allentown, PA start at $530,000, averaging $2,022,875, and reaching up to $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 177K

Population Growth (5Y) +6.1%

Median Household Income $66,938

College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
18104	$405K
18102	$575K
18106	$2M
18101	$3.4M

Taxes & Financing

Tax Rate (average for all types) 2.68%

Property Tax per SF $24.82 per SF

Tax Rate vs County Average 0.19 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lehigh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lehigh County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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Allentown, PA Restaurants for Sale

500 -504 W Gordon Street, Allentown, PA 18102

500 504 W Gordon Street, Allentown, PA 18102

500 504 W Gordon Street, Allentown, PA 18102

327 Star Rd, Allentown, PA 18106

926 928 W Hamilton Street, Allentown, PA 18101

Allentown, PA 18104

22 N 6th Street, Allentown, PA 18101

18-22 N 6th St, Allentown, PA

202 204 S 17th Street, Allentown, PA 18104

22 N 6th St, Allentown, PA 18101

702 Hamilton Street, Allentown, PA 18101

840 Hamilton St, Allentown, PA 18101

Opportunities in Nearby Cities

1635 Broadway, Bethlehem, PA 18015

1635 Broadway, Bethlehem, PA 18015

121 Lehigh Valley Mall, Whitehall, PA 18052

1205 Grape Street, Whitehall, PA 18052

Potential Development Sites for Consideration

Allentown, PA 18103

3250 HAMILTON Boulevard, Allentown, PA 18103

Allentown, PA 18106

4830 Huckleberry Rd, Orefield, PA 18069

Off-Market Properties in Allentown, PA

3015 Lehigh St, Allentown, PA 18103-7031

3115 Tilghman St, Allentown, PA 18104-4221

3400 Lehigh St, Allentown, PA 18103-7039

402-404 Emaus Ave, Allentown, PA 18103

2114 Tilghman St, Allentown, PA 18104-4349

1902 Allen St, Allentown, PA 18104-5005

406 Emaus Ave, Allentown, PA 18103-4913

4558 Crackersport Rd, Allentown, PA 18104-9327

1327-1331 Chew St, Allentown, PA 18102

1836 Catasauqua Rd, Allentown, PA 18109-3128

37 9th St, Allentown, PA 18102

3141 Hamilton Blvd, Allentown, PA 18103-3629

Allentown, PA Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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