Allentown City, PA 18101

Other MLS #: 775692 Courtesy Of RE/MAX real estate

Property InformationDescription

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.
MORTGAGE CALCULATOR

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

MAP & DIRECTIONS

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