926-930 W Hamilton St Allentown, PA 18101
Corner building on large lot in Allentown's NIZ zone.
Property size:
7,059 SFLot size:
0.32 AcresProperty Features for 926-930 W Hamilton St
General Information
- Size
- 7,059 SF
- Lot size
- 0.32 Acres
Source:
Moodyscre
Listing 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4762568
- Latitude
- 40.6005248
Nearby Similar for Sale
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.