Flexible Mixed-Use Commercial
1122 W Hamilton St Allentown, PA 18101
For Sale
Contact for pricing
Hamilton Street commercial building with flexible office, medical, retail, and service space, plus second-floor apartment renovation readiness.
Property Size4,104 SF
Price / SF$194.69
Days on Market160
Property Features for 1122 W Hamilton St
General Information
- Standard status
- Active
- Size
- 4,104 SF
- Property subtype
- OFFICE
Properties For Sale
at 1122 W Hamilton St Contact us
Listing Agency:
James Balliet Property Group
(484) 705-9655
Listed By:
James Balliet
(610) 972-6808
Source:
Moodyscre
Added: Feb 17
Changed: Jul 22
Last Checked: Jul 22 at 9:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of James Balliet Property Group
Investment Insights
Based on property information with market context.
1122 W Hamilton Street presents a flexible commercial building suitable for a range of uses, including office, medical, retail, or service-oriented operations. The property also features second-floor space that is ready for apartment renovation.
The building is located along the Hamilton Street corridor and is described as being just minutes from Downtown Allentown and the city’s core economic and entertainment district. Public remarks note direct proximity to Archer Music Hall, PPL Center, and ArtsWalk, as well as the Neighborhood Improvement Zone (NIZ). The surrounding area has seen significant public and private investment, including new multifamily residential developments, entertainment venues, office projects, and street-level retail.
As presented, the combination of visibility, convenient access to the Central Business District, and strong daily traffic counts supports a variety of owner-user and investor plans for the property’s configuration.
The building is located along the Hamilton Street corridor and is described as being just minutes from Downtown Allentown and the city’s core economic and entertainment district. Public remarks note direct proximity to Archer Music Hall, PPL Center, and ArtsWalk, as well as the Neighborhood Improvement Zone (NIZ). The surrounding area has seen significant public and private investment, including new multifamily residential developments, entertainment venues, office projects, and street-level retail.
As presented, the combination of visibility, convenient access to the Central Business District, and strong daily traffic counts supports a variety of owner-user and investor plans for the property’s configuration.
Key Highlights
- Commercial building at 1122 W Hamilton Street along the Hamilton Street corridor
- Proximity to Archer Music Hall, PPL Center, and ArtsWalk
- Nearby Neighborhood Improvement Zone (NIZ), a Pennsylvania redevelopment initiative
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 | $76.3k | $18.60 |
| − Vacancy | −$4.1k | −$1.00 |
| EGI | $72.2k | $17.60 |
| − OpEx | −$21.7k | −$5.28 |
| NOI | $50.5k | $12.32 |
4,104 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$722.1K
$631.9K – $842.5K
NOI $50,549 @ 7.0% cap · market cap 6.33%
Second Best
Healthcare Medical
$513.1K
$449.0K – $598.6K
NOI $35,917 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$806.3K
$705.5K – $940.6K
NOI $56,438 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SIMOS Insourcing Solutions
Business Management Consultant
Atelier Jolie Gallery
Art Gallery
America's Home Health ...
Home Health Care Service
FAQs
What type of property is this?
Office building - Hamilton Street commercial building with flexible office, medical, retail, and service space, plus second-floor apartment renovation readiness.
Where is this office building located?
The property is located at 1122 W Hamilton St Allentown, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Commercial building at 1122 W Hamilton Street along the Hamilton Street corridor; Proximity to Archer Music Hall, PPL Center, and ArtsWalk; Nearby Neighborhood Improvement Zone (NIZ), a Pennsylvania redevelopment initiative
