Allentown City, PA 18101
sale
$1,750,000
|
Other
Courtesy Of RE/MAX real estate
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.
Read More About This Property
Read Less About This Property
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Natural Gas
- MLSID: 775692
- Parking Spaces: 2
- Roof Type: Flat
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,500,000
Other
1940 W Fairview Street
Allentown City, PA 18104
Building: 13,784 sq. ft.
|
Land: 7.06 Acres
Courtesy Of Howard Hanna The Frederick Group
sale
$1,400,000
Other
1234 confidential Road E 1
Hanover Twp, PA 18109
Building: 2,513 sq. ft.
|
Land: 1.5 Acres
Courtesy Of Howard Hanna The Frederick Group
sale
$1,400,000
Commercial-Other
911 W Hamilton Street
Allentown City, PA 18101
Building: 6,536 sq. ft.
|
Land: 0.12 Acres
Listed By CENTURY 21 Keim Realtors
sale
$1,400,000
Commercial-Other
365 Whitehall Street
Allentown City, PA 18102
Building: 15,844 sq. ft.
|
Land: 0.89 Acres
Listed By CENTURY 21 Keim Realtors