$3,300,000
( $255.81Per Sq Foot )
 $17,715 est/mo Sourced by Back At You

1327-1331 W Chew St,ALLENTOWN, PA 18104

ALLENTOWN, PA 18104

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Description

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.

Details

MLS #PALH2012318
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site32
Listing Provided ByScope Commercial Real Estate Services, Inc. | Philip Sharrow

Features

ZoningR-MH
Acreage0.14

Interior

CoolingNone
Heating Yes / NoYes
HeatingSteam

Exterior

Construction MaterialsBrick, Masonry

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount19061.88
Tax Lot072

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Learn More About This Property

StatePA
CountyLEHIGH PA
CityALLENTOWN
Zip Code18104
AreaAllentown City (12302)
School DistrictALLENTOWN
Sourced by Back At You
Listing Updated: July 2, 2025 at 12:41:24 PM PDT
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