915 W Hamilton St - Office/Residential FOR SALE


Allentown, PA 18101- City Center
$4,950,000 USD
915 W Hamilton St, Allentown, PA for Sale
$4,950,000 USD
Office/Residential - FOR SALE
1/39
null | Request Cap Rate

915 W Hamilton St
Allentown, PA 18101
City Center


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 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

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

B-2

APN/PARCEL ID

549790706678-1

ASK ABOUT THIS PROPERTY

Loren KeimCentury 21 Keim RealtorsMore Info

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Loren KeimCentury 21 Keim RealtorsMore Info

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