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926-930 W Hamilton St Allentown, PA 18101

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For Sale
$1,290,000

Corner building on large lot in Allentown's NIZ zone.

Property size:
7,059 SF
Lot size:
0.32 Acres

Property Features for 926-930 W Hamilton St

General Information

Size
7,059 SF
Lot size
0.32 Acres

Source: CENTURY 21 Keim Realtors Agent Loren Keim Jr.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Redevelopment Opportunity Near PPL Center

This is a redevelopment opportunity for a corner building situated on a large 30' x 230' lot. The property is located just two blocks from the PPL Center in the heart of Allentown's NIZ opportunity zone. The existing three-story building includes off-street parking. It may be reconfigured, or a new project could be built to take advantage of the benefits offered by the opportunity zone. The surrounding area includes 450 new apartments, over 14,000 office workers, and entertainment venues such as the PPL Center. Since the NIZ inception, there has been more than a billion dollars in new development in this zone because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone. The property size is 7,059 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Allentown
County
Lehigh
State
Pennsylvania
Longitude
-75.4762568
Latitude
40.6005248

FAQs

What type of property is this?
Apartment building - Corner building on large lot in Allentown's NIZ zone.
Where is this apartment building located?
The property is located at 926-930 W Hamilton St Allentown, PA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: - Large 30' x 230' corner lot in Allentown's NIZ opportunity zone.; - Redevelopment opportunity for existing 3-story building with off-street parking.; - Potential for new construction to maximize NIZ benefits.
More about this property
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