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915-921 W Hamilton Street

Allentown City, PA 18101
  • $4,950,000
  • STATUS: Available
  • ON SITE: 13 Days
  • MLS #: 684395
UPDATED: 47 min ago
$4,950,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,124
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

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 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.

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-26T10:12:57.673.
www.smartwayamerica.com/homes/124662268
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915-921 W Hamilton Street Allentown City, PA 18101

  • Price: $4,950,000
  • Status: Available
  • On Site: 13 Days
  • Updated: 47 min ago
  • MLS #: 684395
0
Beds
0
Baths
0
½ Baths
0.32
Acres
18,124
SQFT
$273
$/SQFT
1900
Built
Neighborhood:
Allentown-Central
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
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 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.
Exterior Features

Construction BrickMasonry Location CornerFree-Standing Lot Dimensions 230X61 Parking Off SiteOn Site Parking Spaces 40 Road City Road Surface Type Black TopConcrete

Interior Features

Building Sq Ft 47000 Ceiling 0-9 Feet10-12 Feet13-15 Feet Cooling Central AcWall Ac Heat Type Gas Miscellaneous Finished CeilingFinished WallRestrooms-Private

Property Features

Cross Street Address N 9th St Gross Income 289740 Level Grade Lot Size Source Tax Records Net Income 219877 Possible Financing CashConventional Potential Use ApartmentsChurchConvenience StoreFood BanquetGrocery StoreHotel/MotelIndustrialManufacturingMedical ServiceMini MartOtherProfessional ServiceRestaurantRetailShopping CenterWarehouseWholesale Property Sub Type Category CommercialOffice BuildingRetail Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 38863.00 Utilities Gas Available1600+ Amp Water Public Year Built Exception Unknown Zoning Code B-2-Central Business

Listing provided courtesy of Century 21 Keim Realtors.


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-26T10:12:57.673.
 
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