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.
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!
Allentown is located in Pennsylvania. Allentown, Pennsylvania has a population of 125,250. Allentown is less family-centric than the surrounding county with 25.04% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Allentown, Pennsylvania is $47,703. The median household income for the surrounding county is $69,440 compared to the national median of $69,021. The median age of people living in Allentown is 31.9 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 46.6 inches per year, with 29.2 inches of snow per year.
