1102 Hanover Avenue, Allentown, PA 18109
SINGLE_FAMILY - Allentown City, PA
- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 1102 Hanover Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- MX-S
- Parking
- 3
- Standard status
- Active
- APN
- 641706238220 1
- Size
- 2,876 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6130
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 3
- Roof type
- Flat
Listing agent Matt Sprung License ##AB068265 (610) 398-0411
Listing office Howard Hanna TheFrederickGroup 3500 Winchester Rd, Ste 201, Allentown, PA (610) 398-0411
Listing date Jun 18, 2026
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property with a retail storefront plus two apartments
- Utilities: public water and public sewer
- Central air conditioning and natural gas heating
- Flat roof; built in 1925
- Retail storefront on Hanover Avenue with visibility and strong traffic volume
Overview
The building is located in Allentown’s East Side with visibility along Hanover Avenue and strong traffic volume noted in the listing remarks. The property is described as being near Coca-Cola Park and within quick access to the Airport Road retail corridor, placing it in an active area for retail and residential demand.
For tenants and operators, the configuration supports a combined live-and-work or investment-style setup where retail activity can be paired with two separate apartment units. The MX-S zoning indicated in the listing allows for mixed-use opportunities, while the storefront provides a dedicated street-facing component for retail users seeking a presence on Hanover Avenue.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.5k | $18.60 |
| − Vacancy | −$2.9k | −$1.00 |
| EGI | $50.6k | $17.60 |
| − OpEx | −$15.2k | −$5.28 |
| NOI | $35.4k | $12.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.437988
- Latitude
- 40.617865
