Freestanding Mixed-Use
For Sale
$899,000
3144 Hamilton Boulevard, Allentown, PA 18103
Freestanding property with three apartments and 1,560 SF retail/office space available for immediate lease.
Days on Market137
Property Features for 3144 Hamilton Boulevard
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Office Units
1
Building Details
Building Size
3,898 SF
Year Built
1850
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Allentown
(610) 435-1800
Listed By:
Brian K Bailey
Source:
Bhhspaulfordrealtors
Added: Mar 20
Changed: Jul 30
Last Checked: Aug 2 at 11:55AM
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 Keller Williams Allentown
Investment Insights
Based on property information with market context.
This freestanding mixed-use property features three apartments and 1,560 SF of retail/office space available for immediate lease. The building is described as income producing, and the available commercial space supports a range of small-business uses. The property has historically been used as a jewelry store for many years.
The building is located at 3144 Hamilton Boulevard in South Whitehall Township, Pennsylvania (18103). With its standalone configuration and visibility, it may be well suited for users seeking a street-facing retail or office setup.
With residential units alongside dedicated retail/office space, the property provides one location for combined living and business operations, or an ownership structure that supports leasing in both residential and commercial categories. The building was constructed in 1850.
The building is located at 3144 Hamilton Boulevard in South Whitehall Township, Pennsylvania (18103). With its standalone configuration and visibility, it may be well suited for users seeking a street-facing retail or office setup.
With residential units alongside dedicated retail/office space, the property provides one location for combined living and business operations, or an ownership structure that supports leasing in both residential and commercial categories. The building was constructed in 1850.
Key Highlights
- Three apartments in a freestanding mixed‑use property
- 1,560 SF retail/office space available for immediate lease
- Historically used as a jewelry store for many years
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 | $72.5k | $18.60 |
| − Vacancy | −$3.9k | −$1.00 |
| EGI | $68.6k | $17.60 |
| − OpEx | −$20.6k | −$5.28 |
| NOI | $48.0k | $12.32 |
3,898 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$685.9K
$600.1K – $800.2K
NOI $48,011 @ 7.0% cap · market cap 5.34%
Second Best
Multifamily LT 5
$584.1K
$511.1K – $681.5K
NOI $40,888 @ 7.0% cap · market cap 4.55%
Theoretical Best
Specialty Retail
$765.8K
$670.1K – $893.4K
NOI $53,605 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 18103, PA
48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Freestanding property with three apartments and 1,560 SF retail/office space available for immediate lease.
Where is this triplex located?
The property is located at 3144 Hamilton Boulevard Allentown, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three apartments in a freestanding mixed‑use property; 1,560 SF retail/office space available for immediate lease; Historically used as a jewelry store for many years
