22 6Th St, Allentown, PA 18101
21,318 SF | Retail Building | Allentown, PA 18101 | $3,400,000 ($159/SF)
For Sale
Active
Asking Price $3,400,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 21,318 SF
- Price / Square Foot
- $159
Listing Contacts
- Property Info
Property Overview
***UPDATE: Owner will consider holding mortgage with below market interest rates for QUALIFIED buyer with significant down payment.***
The resurgence of downtown Allentown, PA has been nationally noticed. There has been over $1 Billion in new development spurred by the creation of the one of a kind Neighborhood Improvement Zone (NIZ) legislation. New office buildings, retail, residential projects event centers and a world class sports and entertainment arena have pumped life into the downtown again. This gorgeous restaurant/ event/catering/ conference facility could be your opportunity to become part of the incredible success story. The six level structure boasts the only glass rooftop bar in Allentown. Each floor was elegantly designed utilizing the best finishes available. This restaurant opened as The Cosmopolitan and later transformed into Hook Seafood Restaurant. If anything the Cosmopolitan and Hook were ahead of their time in this once struggling city. Those times have certainly changed and this versatile facility is primed to be re-opened as designed or possibly repositioned as a boutique hotel or maybe a high end residential project. Current Owner will consider Leasing the structure to a qualified Tenant.
The resurgence of downtown Allentown, PA has been nationally noticed. There has been over $1 Billion in new development spurred by the creation of the one of a kind Neighborhood Improvement Zone (NIZ) legislation. New office buildings, retail, residential projects event centers and a world class sports and entertainment arena have pumped life into the downtown again. This gorgeous restaurant/ event/catering/ conference facility could be your opportunity to become part of the incredible success story. The six level structure boasts the only glass rooftop bar in Allentown. Each floor was elegantly designed utilizing the best finishes available. This restaurant opened as The Cosmopolitan and later transformed into Hook Seafood Restaurant. If anything the Cosmopolitan and Hook were ahead of their time in this once struggling city. Those times have certainly changed and this versatile facility is primed to be re-opened as designed or possibly repositioned as a boutique hotel or maybe a high end residential project. Current Owner will consider Leasing the structure to a qualified Tenant.
Property Details
- Class
- B
- Year Built/Renovated
- 2010/2015
- Stories
- 6
- Property Subtype
- Freestanding, Other Restaurants, Storefront Retail/Residential
- Lot Size (sq. ft)
- 3,920 SF
Highlights
- ***Owner Financing Available for Qualified Buyer***
- Top of the Line Finishes / Build Out
- Allentown's Only Glass Roof Top Bar
- Night Club/Restaurant/ Banquets/ Wedding Facility
- Neighborhood Improvement Zone Opportunity
- Multiple Parking Decks Nearby
Nearby Properties
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