960 Hamilton Street Active Save Request In-Person Tour Request Virtual Tour
Allentown City,PA 18101
Key Details
Property Type Commercial
Sub Type Commercial,Office Building,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $169
MLS Listing ID 750194
Year Built 1900
Lot Size 5,053 Sqft
Property Sub-Type Commercial,Office Building,Retail
Property Description
Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown's NIZ opportunity zone, this building features a first floor retail / office space that is currently a cigar shop, 2 large upper floor apartments and a private 12 car parking lot. The site is directly across from the new Archer Music Hall and the new Moxy Hotel and next to a new 5-story 78 unit complex and is 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 is part of an approved 12-story residential development for 192 units, but Buyer would need to purchase the neighboring parcels in order to executed.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Wall AC
Exterior
Garage Spaces 8.0
Building
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Miscellaneous Display Window,Finished Ceiling,Finished Wall,Restrooms-Private
Financing Cash,Conventional
Special Listing Condition Not Applicable