921 Hamilton St, Allentown, PA 18101
18,124 SF | 100% Leased | Retail Building | Allentown, PA 18101 | $4,950,000 ($273/SF) | 4.04% Cap Rate
Asking Price $4,950,000
- Property Type
-
Retail
- Square Feet
- 18,124 SF
- Price / Square Foot
- $273
Listing Contacts
- Property Info
Property Overview
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 a mixed-use project. 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.
Property Details
- Class
- C
- Year Built
- 1900
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 13,939 SF
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