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Freestanding Mixed-Use Income Property

3144 Hamilton Boulevard Allentown, PA 18103

3144 Hamilton Boulevard, Allentown, PA, 18103
$899,000
For Sale
Claim this Listing
$899,000

MULTI_FAMILY - South Whitehall Twp, PA

Property Size3,898 SF
Lot Size0.19 Acres
Price / SF$230.63
AddedMar 20
Days on Market117
Last RefreshJul 14 at 6:06 pm

Property Features for 3144 Hamilton Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Zoning
HC
Bedrooms
3
Bathrooms
5
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 4
Parking
6
Parking features
Off Street
Standard status
Active
APN
548671580992 001
Size
3,898 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Annual Amount
8087

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Central Air
Water source
Public

Building Details

Year built
1850
Floors in Building
3
Number of units
2
Building materials
Stone

Listing agent Brian K Bailey

Listing office Keller Williams Allentown 1605 N.CedarCrestBlvd, Ste309, Allentown, PA

Listing date Mar 20, 2026

MLS# 773586 Listing URL

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.


Investment Insights

Based on property information with market context.

This freestanding mixed-use property combines residential and commercial space in a single building. It includes three apartments and approximately 1,560 square feet of retail/office space available for immediate lease. The listing notes the building was previously used as a jewelry store for many years, and the available space lends itself to both storefront-style operations and professional office setups. With HC zoning on file, the space is positioned for a variety of business and service uses.

Located at 3144 Hamilton Boulevard in South Whitehall Twp, Lehigh County, the property is described as highly visible. Its mixed-use design supports on-site residential presence alongside a dedicated commercial area.

For tenants, this configuration can work well for a small business or a distinct retail or office concept, with the listing specifically calling out potential uses such as retail, café, general business, medical office, and professional services. For buyers, it offers an income-producing structure paired with an opportunity to lease the existing commercial space without waiting for a build-out timeline, based on the stated immediate-lease availability. The lot size is listed at 0.192 acres, and the overall property size is reported at 3,898 square feet.

Key Highlights

  • Freestanding mixed‑use building with 3 apartments plus 1,560 SF retail/office space available for immediate lease
  • Construction materials: stone; heating: natural gas
  • Cooling includes central air and window unit(s)

Local Financial Insights For Mixed Use

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 $65.5k $16.80
− Vacancy −$4.6k −$1.18
EGI $60.9k $15.62
− OpEx −$22.8k −$5.86
NOI $38.1k $9.76
3,898 SF · lease $16.80/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$543.8K
$475.8K – $634.4K (±1% cap)
NOI $38,064 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$513.8K
$449.6K – $599.4K (±1% cap)
NOI $35,966 @ 7.0% cap · market cap 4.00%
Theoretical Best
Specialty Retail
$765.8K
$670.1K – $893.4K (±1% cap)
NOI $53,605 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm HVAC Service Restaurant Kitchen & Bath Showroom Storage Facility Electrical Service Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Freestanding building with three apartments plus retail/office space available for immediate lease in South Whitehall Twp.
Where is this mixed-use property located?
The property is located at 3144 Hamilton Boulevard Allentown, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Freestanding mixed‑use building with 3 apartments plus 1,560 SF retail/office space available for immediate lease; Construction materials: stone; heating: natural gas; Cooling includes central air and window unit(s)
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More about this property
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