915 921 West Hamilton Street Active Save Request In-Person Tour Request Virtual Tour
Allentown City,PA 18101
Key Details
Property Type Commercial
Sub Type Commercial,Office Building,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,124 sqft
Price per Sqft $273
MLS Listing ID 735428
Year Built 1900
Annual Tax Amount $38,863
Lot Size 0.458 Acres
Property Description
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, OR an office building OR renderings are available for a mixed-use project with retail first floor, office second floor and 7 to 10 stories of apartments above. The property backs up to an Allentown Authority parking garage. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Central AC,Wall AC
Exterior
Garage Spaces 40.0
Utilities Available 1600+ AMP,Gas Available
Building
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Miscellaneous Display Window,Finished Ceiling,Finished Wall,Restrooms-Private
Financing Cash,Conventional
Special Listing Condition Not Applicable