804 Hamilton Street
Description
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
Type: | Investment Property |
Built: | 1900 |
County: | Lehigh |
Area: | Allentown City |
Listing Office: | HowardHanna TheFrederickGroup |
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Exterior Features
Approximate Lot Size | 0.089 |
Exterior Description | |
Garage Description | |
Parking Driveway Description | |
Style |
Interior Features
Appliances | |
Basement | |
Cooling | Central AC |
Heating | Gas |
Dining Area(s) | |
Fireplace | |
Number of Rooms | 0 |
Property Features
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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