448 N 17th St - Freestanding FOR SALE


Allentown, PA 18104- West End-Allentown
$225,000 USD
610-704-4905
448 N 17th St, Allentown, PA for Sale
$225,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

448 N 17th St
Allentown, PA 18104
West End-Allentown


HIGHLIGHTS

  • Versatile venue for nightclub, brewery, banquet hall, retail, or eateries with updated sound system.
  • 7,000 sq. ft. restaurant with commercial kitchen also available for lease.

OVERVIEW

The iconic MainGate Nightclub space is over 10,000 sq. ft., multi-dimensional indoor and outdoor music venue with a biergarten that has been a staple in the valley for over 44 years is now available to lease to a qualified lessee. The use for space is not limited to nightclub operation but could be used for other purposes such as brewery, banquet hall, retail, eateries, galleria, or just use your imagination. The purchase price does not include a liquor license although one is available to purchase separately and includes a very affordable, long term lease starting at 3-5 years. Included is furniture, fixtures and a recently updated light and sound system and to operate one of the most historic nightlife spaces the valley has ever seen that also has private off-street parking for over 1,000 (one thousand) cars. One will have to put lipstick on this pig but the place has history and potential for those with a new vision in line with the landlords' values who won't just pass this torch to anyone, only to those who's torch will burn bright for another 44 years. ALSO available together or separately is a 7,000 sq.ft. restaurant with a clean, spacious commercial kitchen with the infrastructure already in place, including the necessary exhaust hoods and food line and only needs your appliances to get going. Kitchen and 5000 sq.ft. restaurant area that can be leased separately. Perfect arrangement for a caterers, food truck home base, or any business needing a large clean kitchen. PA Lehigh County Liquor License available separately.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

1000

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

83,983 SF

ZONING

B-4

APN/PARCEL ID

549639681116-1,549740347774-1

ASK ABOUT THIS PROPERTY

Robbie StephensRudy Amelio Real EstateMore Info
610-704-4905

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Robbie StephensRudy Amelio Real EstateMore Info
610-704-4905

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.