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Opportunity Knocks: 248 Allen Street

Word is traveling fast, that 248 Allen Street – home of Nietzsche’s (circa 1924) – is for sale. As the chatter escalates, so does the call for a buyer who will ensure that the music venue remains a music venue. After all, the beloved club has been operating for 40 years. It’s hard to imagine what Allentown would be with the venerable institution that has been a staple for both music lovers and musicians.

Allentown is certainly experiencing an interesting transition these days, which will be playing out for some time. Allentown Hardware is for sale. So is Brick Bar. And now Nietzsche’s. Not to mention that Beacon Grille is on its way, and work on 138 Allen Street is in full swing. It’s definitely an exciting time for the village, especially if the right buyers step up to the plate, to preserve and enhance Allen Street’s one-of-a-kind cultural ambiance.

From LoopNet listing:

Sale includes the property, the name and all equipment owned by the business. First floor is a 3,500 square foot music venue and full bar with a 248 person capacity. Entranceway opens into the main bar area which also doubles as performance space for smaller and more intimate acts. Heading towards the rear of the building is the main venue/stage area with full PA system, designated dance floor, raised seating for better vantage points, and secured storage. Venue has two bathrooms and cooler/dry storage area for the bar. Second floor is currently set up as two living quarters. One serves as a green room for the talent and the other is set up as an apartment. Rooftop central HV/AC system services most of the building with a few space heaters for auxiliary heat. Sprinkler system services the entire building. Seller financing preferred.

Purchase price: $650,000 | View listing

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