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949 Hamilton Street

Allentown City, PA 18101
  • $4,900,000
  • STATUS: Available
  • ON SITE: 93 Days
  • MLS #: 695989
UPDATED: 87 min ago
$4,900,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 34,020
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1922
County:

School Ratings & Info

School District:

Description

+/- 34,020 SF is Available for sale in Downtown Allentown PA. It sits on .42 acres, ideal for a redevelopment opportunity. The building is in a special tax district called the Neighborhood Improvement Zone (NIZ). The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a half-billion dollars in redevelopment and is still urged to do more due to demand. The NIZ is a powerful program that aid in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly approved Da Vinci Science Center, which will feature a +/-67,000 SF structure based on renderings and to offer +/-30,000 SF of interactive exhibits. Current plans call for groundbreaking in spring 2022, with an opening date of spring 2024.

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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 2022-10-01T13:12:58.96.
www.smartwayamerica.com/homes/130397679
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949 Hamilton Street Allentown City, PA 18101

  • Price: $4,900,000
  • Status: Available
  • On Site: 93 Days
  • Updated: 87 min ago
  • MLS #: 695989
0
Beds
0
Baths
0
½ Baths
0.42
Acres
34,020
SQFT
$144
$/SQFT
1922
Built
Neighborhood:
Allentown-Central
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
+/- 34,020 SF is Available for sale in Downtown Allentown PA. It sits on .42 acres, ideal for a redevelopment opportunity. The building is in a special tax district called the Neighborhood Improvement Zone (NIZ). The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a half-billion dollars in redevelopment and is still urged to do more due to demand. The NIZ is a powerful program that aid in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly approved Da Vinci Science Center, which will feature a +/-67,000 SF structure based on renderings and to offer +/-30,000 SF of interactive exhibits. Current plans call for groundbreaking in spring 2022, with an opening date of spring 2024.
Exterior Features

Construction BrickMasonry Location Corner Parking On Site Surface Type Black Top

Interior Features

Building Sq Ft 34020 Cooling Central AcOther Heat Type Gas

Property Features

Possible Financing CashConventional Potential Use ApartmentsMedical ServiceOfficeOtherProfessional ServiceResidence Property Sub Type Category Commercial Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 31780.35 Utilities 3 Phase Water Public Zoning Code B-2-Central Business

Listing provided courtesy of Keller Williams Real Estate: .


© 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 2022-10-01T13:12:58.96.
 
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