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962 W Hamilton St

3,264 SF Vacant Retail Building Allentown, PA 18101 £478,240 (£147/SF)

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Executive Summary

Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown’s NIZ opportunity zone, this beautiful building features a gorgeous first floor retail / office space that is currently a salon, 3 upper floor apartments and a 30 car private parking lot. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,264 SF

Building Class

Year Built

1900

Price

£478,240

Price Per SF

£147

Percent Leased

Vacant

Tenancy

Multiple

Number of Floors

Building FAR

0.47

Lot Size

0.16 AC

Opportunity Zone

Yes

Zoning

B-2

Parking

16 Spaces (4.9 Spaces per 1,000 SF Leased)

Frontage

29 ft on Hamilton St

Space Availability

1st Floor
1,600 SF
Retail
-
Now

1/22

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 1 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 2 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 3 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 4 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 5 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 6 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 7 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 8 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 9 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 10 of 22 — Interior Photo

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962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 12 of 22 — Interior Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 13 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 14 of 22 — Interior Photo

962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 15 of 22 — Interior Photo

962 W Hamilton St, Allentown, PA for sale Building Photo- Image 16 of 22 — Building Photo

962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 17 of 22 — Interior Photo

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962 W Hamilton St, Allentown, PA for sale Interior Photo- Image 22 of 22 — Interior Photo

Perfect for a business owner who wants a site in the heart of Allentown’s NIZ opportunity zone, this beautiful building features a gorgeous first floor retail / office space that is currently a salon, and access to a 30 car private parking lot. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center. Currently occupied by owner operating business. Owner willing to discuss Beauty Salon Equipment to stay once tenant occupied. Tenant pays rent plus utilities.