1824-1826 Hanover Ave | Allentown, PA 18109
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- LoopNet Team
1824-1826 Hanover Ave
Allentown, PA 18109
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Well Established Restaurant for 54 years.
- Great location on main road close to a heavy residential neighborhood and businesses.
- Additional income with multi unit residential.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,330 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.99 AC
Zoning
B-1/ - Restaurant (Liquor License), Residential multi unit
Parking
32 Spaces (4.37 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
ABOUT 1824-1826 HANOVER AVE , ALLENTOWN, PA 18109
Well established family restaurant and sports bar. Turn key fully functioning restaurant with liquor license. The business comes with 5 apartments that are fully rented out with rents below market value and could be raised, in addition 5 garage units with 2 currently being rented out. The property comes with 3 parcels, parcel numbers 641737150863 001, 641737266460 001, 641727946835 001. For more information please contact the listing agents.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $704,500 | |
| Land Assessment | $210,200 | Total Assessment | $914,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$210,200
Improvements Assessment
$704,500
Total Assessment
$914,700
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