1102 Hanover Avenue, Allentown, PA 18109
SINGLE_FAMILY - Allentown City, PA
- Added:
- Jun 18, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 19 at 5:06 am
Property Features for 1102 Hanover Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- MX-C
- 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
Located on the East Side of Allentown, the property is described as having visibility along Hanover Avenue and strong traffic volume. It is positioned near Coca-Cola Park, with quick access to the Airport Road retail corridor.
For tenants and operators seeking a combined commercial and residential setup, this layout can accommodate business space at the front while providing separate residential units within the same property. The zoning is listed as MX-C, supporting a mixed-use environment consistent with the building’s current configuration. The offering is for sale, and prospective buyers should review current operating details, unit layouts, and lease status directly as part of due diligence.
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
