1333 Hamilton StAllentown, PA 18102

For Sale
$450,000

Prime Allentown location, high NOI, flexible zoning.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional three-story, 4,360 square foot commercial building presents a compelling investment opportunity in Allentown, Pennsylvania. Located on a high-traffic street in Lehigh County, this mixed-use property boasts a desirable location for maximizing business visibility and accessibility. Currently configured with first-floor commercial space and upper-level apartments, the building offers significant flexibility. The permitted mixed-use zoning allows for a variety of business ventures, from retail and office spaces to co-working environments. The ample square footage provides room for expansion or adaptation to suit diverse business needs. A substantial parking lot ensures convenient parking for both clients and employees, a significant advantage in a busy urban setting. The building's attractive architecture adds to its appeal. The property's strong financial performance is reflected in its pro-forma NOI of $20,475 and a 4.55% cap rate, making it an attractive investment with a solid return potential. This turnkey solution is ideal for entrepreneurs seeking a well-situated, versatile commercial space with immediate income potential or for investors looking for a strong addition to their portfolio. The property is zoned for mixed use, offering a wide range of possibilities for future development and adaptation. The address is 1333 Hamilton St, Allentown, PA 18102. The asking price is $450,000.

Highlights

  • $450,000 Asking Price.
  • 4,360 sq. ft. building with mixed-use zoning in Allentown, PA.
  • Three-story building with first-floor commercial space and upper-level apartments.
  • High-traffic location with ample parking.
  • 4.55% Pro-Forma Cap Rate and $20,475 Pro-Forma NOI.

Property Details for 1333 Hamilton St

Property type
Multifamily properties, Other office properties
Buildings
1
Stories
3

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5988011
Longitude
-75.485461
1333 Hamilton St, Allentown, Pennsylvania

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1333 Hamilton St
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