12,900 SqFt
12,900 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,900 sqft
Price per Sqft $255
MLS Listing ID PALH2012318
Year Built 1900
Annual Tax Amount $19,061
Tax Year 2025
Lot Size 6,229 Sqft
Acres 0.14
Lot Dimensions 52.00 x 120.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning R-MH
Interior
Hot Water Natural Gas
Heating Steam
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 549760756721-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Negotiable, Cash
Listing Terms Conventional, Negotiable, Cash
Financing Conventional,Negotiable,Cash
Special Listing Condition Standard
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