927 Hamilton StAllentown, PA 18101

For Sale
$900,000

Prime Allentown retail space, 6,510 SF, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a two-story, 6,510 square foot storefront retail building located at 927 W Hamilton Street in Allentown, Pennsylvania. The property, built in 1950, is classified as Class C and features a modified lease with a single tenant currently enjoying 100% occupancy for a remaining term of 5 years. The asking price is $900,000, translating to $138.25 per square foot. The building sits on a 6,447 square foot lot and includes three off-street parking spaces. Recent upgrades include electrical work completed in 2018 and 2022, and heating system updates in 2020 and 2022. A local alarm system, including a fire alarm, is installed for enhanced security. The property also benefits from a basement storage area. Zoned B-2-Central Business, this location is situated within Allentown's Neighborhood Improvement Zone (NIZ), offering significant potential. The surrounding area boasts a high residential density and numerous amenities, with the PPL Center conveniently located just three blocks away. Excellent accessibility is provided via Routes 22, 309, and 222. This property is comprised of two units within a single building. The APN is 549790606237-1.

Highlights

  • Located in Allentown, PA's Neighborhood Improvement Zone (NIZ).
  • High residential density with nearby amenities, including the PPL Center three blocks away.
  • Excellent access to Routes 22, 309, and 222.

Property Details for 927 Hamilton St

Property type
Other retail properties, Individual retail properties
Square Feet
6,510 SF
Class
C
Year Built
1950
Buildings
1
Stories
2
Units
2

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.600892942982
Longitude
-75.476550147827
927 Hamilton St, Allentown, Pennsylvania

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927 Hamilton St
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