960 HAMILTON Street Allentown City, PA 18101

General Commercial Residence

Beds

Baths

5,300 Sq. Ft.

0.12 Acre Lot

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Last updated on 1/8/2025 9:44 AM

Listing Details

Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentownâ??s NIZ opportunity zone, this building features a first floor retail / office space that is currently a cigar shop, 2 large upper floor apartments and a private 12 car parking lot. The site is ...directly across from the new Archer Music Hall and the new Moxy Hotel and next to a new 5-story 78 unit complex and is surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone. Property is part of an approved 12-story residential development for 192 units, but Buyer would need to purchase the neighboring parcels in order to executed. Continue reading

MLS#

750194

Property Type

General Commercial

Year Built

1900

Square Feet

5,300 sq. ft

Lot Size

0.12

Sewer

Public Sewer