$3,300,000

1327-1331 W Chew St Allentown, PA 18102

Center City Neighborhood

Estimated payment $19,569/month

Total Views 15,701
-- Bed
-- Bath
12,900 Sq Ft
$256 Price per Sq Ft

Highlights

  • 0.14 Acre Lot
  • Heating System Uses Steam
  • 3-minute walk to Franklin Park

About This Home

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.

Listing Agent

Phil Sharrow

Scope Commercial Real Estate Services, Inc. Listed on: 06/16/2025

Co-Listing Agent

Joe Loonstyn

Scope Commercial Real Estate Services, Inc. License #RS351792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,062

Year Built

  • Built in 1900

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 52.00 x 120.00

Parking

  • On-Street Parking

Home Design

  • 12,900 Sq Ft Home
  • Brick Exterior Construction
  • Masonry

Utilities

  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 072
  • Assessor Parcel Number 549760756721-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,062

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: 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.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 12900
  • Living Area Sq Ft: 12900
  • Price Per Sq Ft: 255.81
  • Above Grade Finished Sq Ft: 12900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1327

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: ALLENTOWN
  • School District Key: 300200397387
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4241
  • Lot Size Acres: 0.14
  • Lot Dimensions: 52.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6229.00
  • Year Assessed: 2025
  • Zoning: R-MH

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 13586.00
  • Tax Annual Amount: 19061.88
  • Assessor Parcel Number: 549760756721-00001
  • Tax Lot: 072
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Single Room Units Count: 48

MLS Schools

  • School District Name: ALLENTOWN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $3,300,000 -- $256 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PALH2012352

Bright MLS
Pennsylvania Lehigh County Allentown 18102 Center City

1327-1331 W Chew St, Allentown, PA

This home is located at 1327-1331 W Chew St, Allentown, PA 18102 and is currently priced at $3,300,000, approximately $255 per square foot. This property was built in 1900. 1327-1331 W Chew St is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Francis D Raub Middle School, and William Allen High School.

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Phil Sharrow
Listing Agent
Phil Sharrow
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Scope Commercial Real Estate Services, Inc.
(215) 302-4400