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Mixed-Use Investment Property, Allentown, PA

1015 W Hamilton Street, Allentown, PA 18101

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For Sale

$849,900

COMMERCIAL - Allentown, PA

Type:Apartment

Property size:

4,280 SF

Lot size:

0.09 Acres

Price / SF:

$198/SF

HighLights

Established long‑term commercial tenant (convenience store) provides immediate income.
Versatile 3‑unit mixed‑use property offers both commercial and residential income streams.
Vacant third‑floor one‑bedroom apartment with sunroom is ready for owner occupancy or rental income (potential $1,600+/month).
Fully equipped vacant kitchen on the first floor presents expansion or additional revenue opportunities.
Second‑floor apartment is tenant‑occupied and features updated amenities including luxury vinyl plank flooring, two bedrooms, and an updated bathroom.
Convenient location near major highways (US‑22 and I‑78), Allentown Art Museum, Coca Cola Park, Allentown Airport, shops, and restaurants.

We can help!

Listing Contact

Shabana Pathan

For Sale

$849,900

COMMERCIAL - Allentown, PA

Type:Apartment

Property size:

4,280 SF

Lot size:

0.09 Acres

Price / SF:

$198/SF

Added:: Jan 24, 2026
Days on Market:: 148
Last Refresh:: Jun 21 at 12:06 am

Property Features for 1015 W Hamilton Street

General Information

Property type: Commercial Sale
Property subtype: Apartment
Standard status: Active
APN: 02 07 H09NE1A 004 003
Size: 4,280 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: Property Address: 1015 W Hamilton St /Tile Number: 465904B/School District: Allentown School District
Tax Annual Amount: 7459

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1900
Floors in Building: 3
Flooring type: Tile - Ceramic, Tile, Laminate, Vinyl
Building materials: Brick, Stucco, Vinyl Siding
Roof type: Asphalt, Fiberglass

We can help!

Listing Contact

Shabana Pathan

Listing agent Shabana Pathan

Listing office Keller Williams Real Estate - Northampton Co 2901 Emrick Blvd. Suite 100, Bethlehem, PA

Listing date Jan 24, 2026

MLS# PM-138546

Copyright © 2026 Pocono Mountains Association of 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

Established long‑term commercial tenant (convenience store) provides immediate income.
Versatile 3‑unit mixed‑use property offers both commercial and residential income streams.
Vacant third‑floor one‑bedroom apartment with sunroom is ready for owner occupancy or rental income (potential $1,600+/month).
Fully equipped vacant kitchen on the first floor presents expansion or additional revenue opportunities.
Second‑floor apartment is tenant‑occupied and features updated amenities including luxury vinyl plank flooring, two bedrooms, and an updated bathroom.
Convenient location near major highways (US‑22 and I‑78), Allentown Art Museum, Coca Cola Park, Allentown Airport, shops, and restaurants.

Overview

This mixed-use investment property in Allentown, PA, features three units and offers both immediate and long-term income potential. The first floor is occupied by a long-term convenience store tenant and includes a fully equipped, vacant kitchen suitable for expansion or additional revenue streams. The second-floor apartment is tenant-occupied and features luxury vinyl plank flooring throughout, two bedrooms, an updated full bathroom, and a spacious eat-in kitchen with tile floors. The third-floor unit is a vacant one-bedroom, one-bath apartment with a sunroom, suitable for owner occupancy or rental. The third-floor unit has the potential to generate $1,600 or more per month in passive income. The property is conveniently located near major highways US-22 and I-78, providing easy access to the Allentown Art Museum, Coca Cola Park, Allentown Airport, shops, and restaurants. The property has a size of 4280 square feet and is situated on a lot of 0.09 acres.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$82.2k	$19.20
− Vacancy	−$3.7k	−$0.86
EGI	$78.5k	$18.34
− OpEx	−$19.6k	−$4.58
NOI	$58.9k	$13.75

4,280 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$840.8K

$735.7K – $981.0K (±1% cap)

NOI $58,859 @ 7.0% cap · market cap 6.93%

Second Best

Retail

$753.1K

$659.0K – $878.6K (±1% cap)

NOI $52,716 @ 7.0% cap · market cap 6.20%

Theoretical Best

—

same as Best Use

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

Property Profile Location Intelligence

Current Use by Public Records

A1 Discount Grocery ... Grocery & Convenience Store Papito's Latin Cuisine Grocery & Convenience Store

Suggested Use

Location Insight

Map
Local Demand

City: Allentown
County: Lehigh
State: Pennsylvania
Longitude: -75.478632
Latitude: 40.600728

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For sale
Mixed-use properties
PA
Allentown
18101
1015 W Hamilton Street

What type of property is this?

Mixed-use property - Versatile 3-unit property with commercial and residential income potential.

Where is this mixed-use property located?

The property is located at 1015 W Hamilton Street Allentown, PA.

What is the asking price?

The asking price for this property is $849,900.

What are key features of this property?

This property features: Established long‑term commercial tenant (convenience store) provides immediate income.; Versatile 3‑unit mixed‑use property offers both commercial and residential income streams.; Vacant third‑floor one‑bedroom apartment with sunroom is ready for owner occupancy or rental income (potential $1,600+/month).

1015 W Hamilton Street, Allentown, PA 18101

COMMERCIAL - Allentown, PA

Property Features for 1015 W Hamilton Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Allentown Mixed-Use Redevelopment Opportunity

Allentown Office Building For Sale

Renovated Court-Leased Office Building

Three-Story Office Building with Parking

Renovated Office Building with Long-Term Lease

Mixed-Use Corner Restaurant Property

Allentown City Office Building For Sale

Corner Mixed-Use Investment Property

Turnkey Church with Classroom Space

Class A Office Building with Parking Lots

Mixed-Use Investment Opportunity

Allentown Medical/Office Building For Sale

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