926 928 West Hamilton Street Active

Allentown City,PA 18101

$ 1390000

- Bed

- Bath

7059 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,059 sqft

Price per Sqft $196

MLS Listing ID 735426

Year Built 1930

Annual Tax Amount $8,017

Lot Size 6,882 Sqft

Property Description

Incredible redevelopment opportunity for a corner building on a large 30’ x
230’ lot only 2 blocks from the PPL center in the heart of Allentown’s NIZ
opportunity zone. This large 3 story building with off street parking may be
reconfigured, or an investor or user may consider building a new project to
take full advantage of all the benefits the opportunity zone offers.
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.

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling Wall AC

Exterior

Garage Spaces 8.0

Building

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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