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926-928 W Hamilton St 7,059 SF Retail Building Allentown, PA 18101 $2,590,000 ($366.91/SF)

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EXECUTIVE SUMMARY

Exceptional Redevelopment Opportunity in the Heart of Allentown’s NIZ District. Positioned on a high-visibility corner lot across from the redeveloping PPL Tower and steps from the Archer Music Hall and Da Vinci Science Center, 926-928 W Hamilton Street sits squarely in the path of Allentown’s next wave of growth. The property spans a 30’ × 230’ parcel—a rare oversized footprint in the city core—with rear access adjoining the Maple Street Parking Deck, offering convenience and potential parking advantagesThis three-story mixed-use building can be reimagined for retail, restaurant, office, or residential use, or redeveloped entirely into a new vertical project leveraging full NIZ benefits—where most state and local taxes generated can help finance eligible construction improvements. Highlights include: * Prominent corner visibility and signage potential along W Hamilton Street, Direct adjacency to the Maple Street Parking Deck for abundant customer and tenant parking, 30' × 230' lot offering depth and redevelopment flexibility, Located within Allentown’s NIZ, fueling more than $1.4 billion in new investment, Surrounded by 1,500+ new apartments, 14,000+ office workers, and major entertainment anchors. Whether repositioned, expanded, or redeveloped from the ground up, 926-928 W Hamilton Street offers a premier footprint in Allentown’s fastest-rising corridor, ideal for investors and visionary developers alike.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,059 SF
Building Class
C
Year Built/Renovated
1930/2021
Price
$2,590,000
Price Per SF
$366.91
Tenancy
Single
Building Height
3 Stories
Building FAR
1.01
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B-2 - Convenience Comparison Business
Parking
7 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
32’ on Hamilton St

AMENITIES

  • Bus Line
Walk Score®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

TD Bank
Wells Fargo
ESSA Bank & Trust
Tim Hortons
Truist
Chickie's & Pete's
Starbucks
Gravity Coffee
YMCA
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
549699871501-1
Land Assessment
$55,200
Improvements Assessment
$179,000
Total Assessment
$234,200
  • Listing ID: 25167387

  • Date on Market: 3/3/2022

  • Last Updated:

  • Address: 926-928 W Hamilton St, Allentown, PA 18101

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