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$180,000 Just Listed
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Property Description
Business only opportunity to own an already operating pizza shop in Allentown. Drake's Pizza offers a built out restaurant space with visible signage, customer seating, service counter, prep area, refrigeration, pizza ovens, hood system, cooking equipment, storage, and an established layout ready for continued use. Menu currently includes pizza, pasta, steaks, subs, gyros, wings, salads, delivery, and catering, giving the next owner multiple revenue streams to build on. Located in a retail strip center with neighboring businesses and on site parking. Great opportunity for an owner operator or existing restaurant group looking to step into an active food service business and continue operations. Business sale only, real estate is not included. Equipment, inventory, lease terms, licenses, and financials to be verified by buyer during due diligence. Please do not disturb employees or ownership. Showings by appointment only.
Full Property Details
Full Property Details for Drakes Pizzeria
General
- Price: $180,000
- Taxes: (2026)
- Status: Active
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PALH2016870
- Updated: 9/12/2026
- Added to Site: 5 day(s) ago
Business
- Name: Drakes Pizzeria
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 6
- Parking Type: Parking Lot
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: LEHIGH
- Driving Directions: From Airport Road, turn onto Pennsylvania Avenue. Drake’s Pizza will be on your right at 1452 Pennsylvania Avenue. Use GPS for the most accurate directions.
School Information
- School District: Allentown
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories Description: Main
- Building Size: 6240
- Current Bldg. Use: Retail, Restaurant
- Year Built: 2009
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Zoning: B-3-HIGHWAY BUSINESS
Financial Considerations
- Price Per Sq. Ft.: $28.85
- Tax Year: 2026
Disclosures and Reports
- Ownership: Leasehold
Listed by Howard Hanna The Frederick Group, Jared Sawka
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Schools
Schools serving Drakes Pizzeria
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Ritter El School 790 North Plymouth Street, Allentown, PA 18109 | K-5 | 1.1 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 2.7 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for Drakes Pizzeria
Date
Details
Price
Change
Source
9/12/2026
Listed
$180,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Drakes Pizzeria
Drakes Pizzeria, Allentown, PA 18109 (MLS# PALH2016870) is a Business property. Drakes Pizzeria is currently listed for $180,000 and was received on September 12, 2026. Want to learn more about Drakes Pizzeria? Do you have questions about finding other Business real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

