1. Pennsylvania
  2. Allentown City
  3. 804 West Hamilton Street
$1,299,900

804 West Hamilton Street, Allentown City, PA 18101

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,877sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property 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, 450+ 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). Whether you're an investor, developer, or owner-user, this is a unique opportunity to be part of Allentown’s ongoing urban revitalization.

Listing Status:
Active
Listing Office:
HowardHanna TheFrederickGroup : (610) 398-0411
MLS ID:
762174
  • A/C: Central Air
  • Heating: Gas

This listing courtesy of HowardHanna TheFrederickGroup

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Elementary School

829 W Turner St, Allentown, PA, 18102

Grades 1-5

0.28 miles away

H

Harrison-Morton Middle School

137 N 2nd St, Allentown, PA, 18101

Grades 6-8

0.83 miles away

B

Building 21 Allentown

265 Lehigh St, Allentown, PA, 18102

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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