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Confidential
Allentown City PA 18101 US

$1,750,000

Active Listing ID 775692
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Lot: 0.10 Acres
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Other

$1,750,000

Active Listing ID 775692
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Confidential Positioned in the heart of downtown Allentown within the highly sought-after Neighborhood Improvement Zone (NIZ), this exceptional mixed-use opportunity features a well-established, high-performing pizza restaurant with a strong local following and consistent foot traffic. The restaurant occupies the ground level of a prominent four-story building, benefiting from excellent visibility, steady pedestrian flow, and proximity to major attractions, offices, and residential developments. Above the thriving commercial space, the upper three floors present a rare value-add opportunity. Already wired, plumbed, and partially framed, these levels are primed for completion into nine residential apartments-offering investors the ability to capitalize on the area's continued growth and demand for downtown living. With much of the heavy lifting already completed, this property provides a streamlined path to generating additional rental income while leveraging the tax advantages and incentives associated with the NIZ. Whether you're an investor seeking a turnkey business (furnishings, inventory, beer license all included) with upside potential or a developer looking to maximize returns in one of Pennsylvania's fastest-growing urban cores, this property delivers a compelling blend of stability, scalability, and location-driven value.

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Flat
  • Heating Fuels: Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1750000
  • unparsedaddress: Confidential
  • postalcity: Allentown City
  • stateorprovince: PA
  • country: US
  • postalcode: 18101
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.095
  • lotsizeunits: Acres
  • lotsizearea: 0.095
  • livingarea: 13344
  • livingareaunits: Square Feet
  • latitude: 40.60323
  • longitude: -75.469484
  • listagentfullname: Steve Walden
  • listagentemail: david@lehioghvalleyhomes.com
  • listagentkey: 3yd-LVARPA-waldenst
  • listagentmlsid: waldenst
  • listagentpreferredphone: (610) 770-9000 x124
  • listofficekey: 3yd-LVARPA-RMXR
  • listofficemlsid: RMXR
  • disclaimer: Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LVARPA
  • yearbuilt: 1920
  • listingcontractdate: 2026-04-23
  • listagenturl: http://www.LehighValleyHome.com
  • countyorparish: Lehigh
  • parcelnumber: 640710675802 1
  • elementaryschooldistrict: Allentown
  • middleorjuniorschooldistrict: Allentown
  • highschooldistrict: Allentown
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Off Street
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -75.46948, 40.60323
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX real estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"david@lehioghvalleyhomes.com", "ListBrokerageCity":"Allentown", "ListBrokerageCountry":"US", "ListBrokerageEmail":"david@lehioghvalleyhomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/LVARPA/c5ababf022854d5a01228556396d0008/20100605100322114.png", "ListBrokerageName":"RE/MAX real estate", "ListBrokeragePhone":"(610) 770-9000 x124", "ListBrokeragePostalCode":"18103", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3120 Hamilton Blvd.", "ListBrokerageWebsiteUrl":"http://www.LehighValleyHome.com", "ListOfficeAddress1":"3120 Hamilton Boulevard ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RMXR", "ListOfficeCity":"Allentown", "ListOfficeCountry":"US", "ListOfficeEmail":"Joel@lehighValleyHomes.com", "ListOfficePostalCode":"18103", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Allentown City, PA", "ListingURL":null, "MLSModificationTimestamp":"2026-04-24 13:22:39", "Neighborhoods":[{"Description":null, "Name":"Allentown-Central"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4741, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/24/2026 1:25:55 PM GMT
Source Updated Date: 5/4/2026 6:54:04 PM GMT

Courtesy of: Steve Walden, RE/MAX Real Estate, david@lehioghvalleyhomes.com

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.