Allentown City, PA 18101,960 Hamilton Street
Allentown City, PA 18101,960 Hamilton Street
Allentown City, PA 18101,960 Hamilton Street
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$899,900
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960 Hamilton Street Allentown City, PA 18101

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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


Listed by CENTURY 21 Keim Realtors

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agent

Greg Dwornikowski

Agent | License ID: RS328262

+1(215) 534-7347

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960 Hamilton Street