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Beautifully Renovated Office Building 1213-1225 Hamilton St 42,684 SF Office Building Allentown, PA 18102 $5,995,000 ($140.45/SF)
Investment Highlights
- Three-story office building with efficiently designed layout
- Updated windows along the western and eastern elevations.
- Please contact Casey Keller, Cindy McDonnell Feinberg or Gregg Feinberg at 610-709-6233 for additional information
- Great work spaces, offices, conference & training rooms
- Public water and sewer with PPL electric
Executive Summary
Feinberg Real Estate Advisors, LLC is pleased to present to qualified investors or tenants the Capital Blue Cross Building in Allentown, Pennsylvania. The approximately 42,684 SF building was renovated in 2021 at a cost of over $4,000,000. Building includes adjacent parking and an additional parking lot, at 1401 Hamilton Street, that is within walking distance. The property is located in the Downtown Business District.
Three-story office building with efficiently designed layout
Convenient location with great visibility & parking
Great work spaces, offices, conference & training rooms
Updated windows along the western and eastern elevations.
Possibility for a sale & leaseback of one full floor
Public water and sewer with PPL electric
Building naming rights available
Parking Lot at 1401 W. Hamilton Street included with Sale, parking lot size is .54 acre.
Please contact Casey Keller, Cindy McDonnell Feinberg or Gregg Feinberg at 610-709-6233 for additional information
Three-story office building with efficiently designed layout
Convenient location with great visibility & parking
Great work spaces, offices, conference & training rooms
Updated windows along the western and eastern elevations.
Possibility for a sale & leaseback of one full floor
Public water and sewer with PPL electric
Building naming rights available
Parking Lot at 1401 W. Hamilton Street included with Sale, parking lot size is .54 acre.
Please contact Casey Keller, Cindy McDonnell Feinberg or Gregg Feinberg at 610-709-6233 for additional information
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
42,684 SF
Building Class
B
Year Built
1970
Price
$5,995,000
Price Per SF
$140.45
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
14,228 SF
Building FAR
1.44
Lot Size
0.68 AC
Zoning
B2 - B2 allows a wide variety of retail, office, service, residential, governmental, cultural, entertainment and institutional uses in the downtown.
Parking
45 Spaces (1.05 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
- Fiber Optic Internet
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Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 549689034866-1 | Improvements Assessment | $4,210,900 |
| Land Assessment | $176,600 | Total Assessment | $4,387,500 |
Property Taxes
Parcel Number
549689034866-1
Land Assessment
$176,600
Improvements Assessment
$4,210,900
Total Assessment
$4,387,500
Contacts
-
Cindy McDonnell Feinberg -
Casey Feinberg Keller -
Gregg Feinberg -
Feinberg Real Estate Advisors, LLC
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Beautifully Renovated Office Building | 1213-1225 Hamilton St
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