Allentown PA Real Estate & Commercial for Sale

5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000.

Incredible redevelopment opportunity for a corner building on a large 30 x 230 lot only 2 blocks from the PPL center in the heart of Allentown s NIZ opportunity zone. This large 3 story building with off street parking may be reconfigured, or an investor or user may consider building a new project to take full advantage of all the benefits the opportunity zone offers. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone

1327-1331 W Chew St is a 48-bed mixed-use asset in Allentown, PA. 1327-1331 W Chew Street is comprised of 48 bedrooms and nine bathrooms. The property includes a commercial lease for the ground-floor bar/restaurant space, offering stable income at $3,500 per month. The tenant is responsible for 100 percent of the common area maintenance. Importantly, the lease contains a clause requiring the liquor license to revert to the landlord for $1.00 at lease expiration, preserving long-term asset value. The property holds a Pennsylvania Hotel Liquor License (H License), which permits alcohol sales tied to lodging but carries room-count requirements and limited flexibility. Under Act 125, qualifying H licenses with a room exemption filed before January 1, 2019, may be converted into a more valuable and transferable Restaurant Liquor License (R License) through the PLCB+ system for a $30,000 fee. R licenses offer broader use, fewer restrictions, and greater market appeal to bars and restaurants. If eligible and in good standing, the conversion is administrative and typically completes within a few months. This upgrade can significantly enhance the property's income potential, tenant options, and overall asset value.

Well-maintained office space for lease and for sale on W Tilghman Street in Allentown PA. This two-story multi-unit building is a total of 4,035 SF, divisible with the upper floor of 2,025 SF and ground level of +/- 2,010 SF. The building also features an elevator, a basement for storage, and parking for 14 vehicles. The property is located along heavily traveled Tilghman Street, where Penn DOT announced the $86.5 million project, with widening and reconstructing the interchange, ensuring high visibility and more space for drivers to merge. Strategically positioned, this property is surrounded by a mix of national and local tenants, including Wegmans, Provident Bank, Truist Bank, Auto Zone, Assante Italian Market, and more. It offers easy access to I-78, Rt. 22, and Rt. 309, and is just minutes away from the Northeast extension of Pennsylvania Turnpike, enhancing its convenience and potential for business growth.

EXCEPTIONAL OPPORTUNITY AWAITS! 6 UNIT with over 70k/year of PASSIVE INCOME!!!. Recently fully renovated apartment complex, completely occupied, and ready to take over. Start making passive income instantly! Conveniently located near major highways, colleges, and hospitals to easily commute. 2 minutes from PPL Center, restaurants, and entertainment just a walk away!! With this corner lot property you will have ample street parking available. Don t wait schedule your showing today and secure this income-generating property!

Are you looking to add a multi-unit to your portfolio? This property consists of 1-Commercial Unit, 1-3 Bedroom, 4-2 Bedroom, 2-1 Bedroom units. There are also 4 separate garage bays that are rented for additional income. The property includes a courtyard for outdoor enjoyment. All units are well maintained. Each unit is pays utilities and has a gas boiler and gas water heaters. The rents can be increased in the future.

Redevelopment opportunity available for sale. This package deal consists of two buildings, 808-810 W Hamilton Street, and 943 W Hamilton Street, Allentown, PA 18101 808-810 W Hamilton Street is a +/- 22,400 SF (4) four-story commercial building fully sprinkled with ground-level retail, first, second, and third floors flex space with each floor approximately +/- 5,600 SF and served by a passenger elevator; other features of this building are the hardwood floor, large bay windows, and the view of downtown. 943 West Hamilton Street is a commercial +/-46,000 SF (5) five-story brick building with multiple offices, elevator access, and is fully sprinkled. Each floor is +/- 9,200 SF with a bay window in the front. Both buildings are zoned B-2 Central Business, which allows a variety of uses such as retail, office, service, Residential, government, and more. Located in the downtown city of Allentown, PA, NIZ (Neighborhood Improvement Zone), a special district created by state law that is being utilized to encourage development and revitalization in Center City and along the western side of the Lehigh River. The NIZ has evolved into a powerful economic development program that has generated over $1 billion in redevelopment activity by leveraging a unique tax incentive. A recent highlight of the NIZ's development is the Da Vinci Science Center at PPL Pavilion, a 67,000-square-foot facility that opened in May 2024. The $75 million project was partially funded through the NIZ.

Redevelopment opportunity available for sale. This package deal consists of two buildings, 808-810 W Hamilton Street, and 943 W Hamilton Street, Allentown, PA 18101 808-810 W Hamilton Street is a +/- 22,400 SF (4) four-story commercial building fully sprinkled with ground-level retail, first, second, and third floors flex space with each floor approximately +/- 5,600 SF and served by a passenger elevator; other features of this building are the hardwood floor, large bay windows, and the view of downtown. 943 West Hamilton Street is a commercial +/-46,000 SF (5) five-story brick building with multiple offices, elevator access, and is fully sprinkled. Each floor is +/- 9,200 SF with a bay window in the front. Both buildings are zoned B-2 Central Business, which allows a variety of uses such as retail, office, service, Residential, government, and more. Located in the downtown city of Allentown, PA, NIZ (Neighborhood Improvement Zone), a special district created by state law that is being utilized to encourage development and revitalization in Center City and along the western side of the Lehigh River. The NIZ has evolved into a powerful economic development program that has generated over $1 billion in redevelopment activity by leveraging a unique tax incentive. A recent highlight of the NIZ's development is the Da Vinci Science Center at PPL Pavilion, a 67,000-square-foot facility that opened in May 2024. The $75 million project was partially funded through the NIZ.

Fantastic quadraplex featuring three 2 bedroom units with an additional large commercial space that has untapped revenue potential on the first floor. All residential units have updated kitchens and baths. Commercial space was previously converted to an apartment but is not legally a residential space. All units have gas heat, and both gas and electric are metered separately. Tons of potential for an investor, make your appointment today!

Welcome to this 4 unit apartment building with 15 individual garages, detached from the building. This building has two 2 bedroom units and two 1 bedroom units. 3 of the 4 units are currently occupied. The garages are vacant, but should be rented at approximately $125 to $150 per unit. There is a pro forma, uploaded in documents. This is a fantastic Money Maker! Please note, 24 hour notice minimum required, no exceptions can be made. Schedule your tour today!

Approximately 2000 square foot office space consists of kitchen, one 1/2 bath, 1 full bath, lobby area and 8 private offices/conference rooms. There is approximately 15,411 Warehouse/manufacturing space on the first and second floors plus a 8,116 square foot in daylight basement area that is serviced by a drive in door off alley. All floors are serviced by a freight elevator. All areas are serviced by a sprinkler system. Entire property is fenced providing secure outside storage. Building also has loading dock and covered drive in bay to a facilitate loading and unloading smaller trucks. Location provides easy access to Center City Allentown and all major routes. Would make great warehouse distribution facility, light manufacturing space or for contractor. Also would make great residential conversion or conversion to self storage.

This free-standing corner commercial building offers a fantastic investment opportunity, featuring a prime location with the established retail business East Side Smoke Shop and two tenant-occupied apartments, generating steady income. The property boasts significant potential for business expansion, either by enlarging the current retail operation or introducing a new business venture in the retail space. The retail area is thoughtfully designed with a small kitchenette, restrooms, and dual entrances, providing convenience and flexibility. Additionally, it offers access to a partially finished basement, complete with office and storage space, enhancing its functionality. This versatile property is ideal for entrepreneurs and investors seeking an income-producing asset with growth potential.

Three (3) Buildings, 8 units and a TON of potential! Welcome to W Turner St, these two buildings (211-213 on the left & 207-209 on the right) have been recently approved for three (3) new additional units to be built along with 4 newly renovated cash flowing apartments currently occupied. There are four apartments in 207-209, three apartments are a 2 bedroom with one bathroom, the fourth apartment is a 2 bedroom with 2 full bathrooms. The units on 207 have larger exterior balconies while the two apartment son 209 have smaller, standing room only balconies. The city has approved an additional 5th apartment for the ground floor of 207-209 along with a laundry room for all tenants to utilize (we planned on coin operated laundry). The building next door toe the left (211-213) is also a part of the property (2 buildings on one deed and one water line), and the city has approved this building for conversion into a side by side duplex, each unit will be a 2 bedroom one bathroom. The existing 4 apartments (207-209) have mini split units for max efficiency with heating and cooling, 3 heads per apartment. There is no gas in the buildings, everything to operate off electricity. There have been extensive renovations to the building in recent years and now the final phase is ready to begin. All of the leg work has been completed with the city zoning departments and engineering plans, the construction is ready to begin. When the three new units are built out, you will have a portfolio addition of 7 doors, 4 of which are already operating. Engineering plans will be provided to the buyer to use and submit for building permits on the remaining 3 apartments. The ground floor (5th unit) was zoned commercial, that has been changed and approved to residential. The same goes for 211-213, it has now been approved for residential dwellings, no longer commercial. 205 N Bryan St has been renovated with a tenant in place currently paying $1,825 monthly. This property was subdivided, it has its own deed but will be included with the sale of the building.

Fully equipped +/- 3,773 SF service garage with four bays for sale. The sale includes four lifts, compressors, a tire balance machine, an extensive inventory of tires, and a service agreement with U-Haul. Take advantage of the safety and emissions inspection, which can be transferred upon the completion of the required courses. The business also has the potential to do resale of new/used cars with the adjacent lot. The sale only includes the business and not the building. The remaining terms are three and a half years with competitive rental rates. Located on heavily traveled W Emaus Ave across the street from Giants Food Store, Wells Fargo Bank, Great Clips, and many more local and national tenants. Easy access to Route 309 and I-78.