915 921 West Hamilton Street $4,950,000

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    915 921 West Hamilton Street Allentown City, PA 18101

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    • 18,124 sq. ft.
    • 0.32 Acres
    • Commercial
    • MLS# 684395
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    Views: 63 Days On Site: 137

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    Property Details

    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.

    • General Features
      • Year Built 1900
      • Potential Use Apartments,Church,Convenience Store,Food Banquet,Grocery Store,Hotel/Motel,Industrial,Manufacturing,Medical Service,Mini Mart,Other,Professional Service,Restaurant,Retail,Shopping Center,Warehouse,Wholesale
      • Area Allentown-Central
      • County Lehigh
      • Property Sub-Type Category Commercial,Office Building,Retail
      • Total Taxes 38863.00
    • Building Features
      • Cooling Central AC, Wall AC
      • Construction Brick, Masonry
      • Square Footage 18124
      • Miscellaneous Finished Ceiling,Finished Wall,Restrooms-Private
      • Surface Type Black Top,Concrete
    • Property Features
      • Acres 0.321
      • Parking Spaces 40
      • Parking Off Site,On Site
      • Location Corner,Free-standing
      • Sewer Public
      • Utilities Gas Available,1600+ AMP
      • Road City Road
      • Water Public
    • Schools
      • School District Allentown

    Contact

    Kaela Hartpence

    Kaela Hartpence

    Agent

    RS347361

    Coldwell Banker Heritage Emrick

    Cell: 908-528-2633

    Neighborhood

    18101 (Allentown City) Demographics

    31 Median Age
    13,444 Population Density (per sq. mile)
    16% College Educated
    $26,326 Estimated Median Income
    166 Estimated Total Home Owners
    1,539 Estimated Total Renters
    10% / 90% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    4,720 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,950,000
        1/12/2022 10:12:00 AM New in Database Source: Multiple Listing Service New Value: $4,950,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.