MLS Listing

804 Hamilton Street


Exceptional investment potential in Allentown's thriving Neighborhood Improvement Zone (NIZ). This three-story commercial building with a full basement offers a rare mix of stable income and significant value-add upside. The ground floor (approx. 4,800 SF) is fully leased to an NNN retail tenant, providing immediate cash flow. The 2nd and 3rd floors (approx. 3,050 SF each) are currently vacant—ideal for redevelopment into office, residential, or mixed-use space. Zoned B-2 Central Business, this flexible property supports a wide range of uses, including retail, office, residential, service, or government. The NIZ tax opportunity further enhances financial viability and ROI. Located in the heart of downtown Allentown, this property is surrounded by over $1 billion in recent investment, 1500+ new apartments, and 14,000+ daily office workers. It’s also within walking distance of key attractions such as the PPL Center Arena and the newly opened Da Vinci Science Center (May 2024). Whethe

$1,150,000

Bedrooms : 0
Bathrooms : 0
Acres : 0.089
HalfBathrooms : 0
Type: Investment Property
Built: 1900
County: Lehigh
Area: Allentown City
Listing Office: HowardHanna TheFrederickGroup


REQUEST INFORMATION

    Approximate Lot Size 0.089
    Exterior Description
    Garage Description
    Parking Driveway Description
    Style
    Appliances
    Basement
    Cooling Central AC
    Heating Gas
    Dining Area(s)
    Fireplace
    Number of Rooms 0
    Sewer Public
    Sub Property Type
    Taxes $5,441.00
    Municipal Tax ID 0
    Utilities
    Water Public
    Year Built Description Unknown
    Square Footage 10872
    Cost per Square Foot $105.78

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