Freestanding Mixed-Use Income
3144 Hamilton Boulevard Allentown, PA 18103
For Sale
$899,000
MULTI_FAMILY - South Whitehall Twp, PA
Property Size3,898 SF
Lot Size0.19 Acres
Price / SF$230.63
Days on Market130
Property Features for 3144 Hamilton Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- HC
- Bedrooms
- 3
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3
- Parking
- 6
- Parking features
- Off Street
- Standard status
- Active
- APN
- 548671580992 001
- Size
- 3,898 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8087
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1850
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Stone
Listing Agency:
Keller Williams Allentown
(610) 435-1800
Listed By:
Brian K Bailey
(610) 435-1800
Added: Mar 20
Changed: Jul 21
Last Checked: Jul 27 at 4:06AM
MLS# 773586
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.
Investment Insights
Based on property information with market context.
This freestanding mixed-use property combines residential and commercial space in a single building. It includes three apartments and approximately 1,560 square feet of retail/office space available for immediate lease. The listing notes the building was previously used as a jewelry store for many years, and the available space lends itself to both storefront-style operations and professional office setups. With HC zoning on file, the space is positioned for a variety of business and service uses.
Located at 3144 Hamilton Boulevard in South Whitehall Twp, Lehigh County, the property is described as highly visible. Its mixed-use design supports on-site residential presence alongside a dedicated commercial area.
For tenants, this configuration can work well for a small business or a distinct retail or office concept, with the listing specifically calling out potential uses such as retail, café, general business, medical office, and professional services. For buyers, it offers an income-producing structure paired with an opportunity to lease the existing commercial space without waiting for a build-out timeline, based on the stated immediate-lease availability. The lot size is listed at 0.192 acres, and the overall property size is reported at 3,898 square feet.
Located at 3144 Hamilton Boulevard in South Whitehall Twp, Lehigh County, the property is described as highly visible. Its mixed-use design supports on-site residential presence alongside a dedicated commercial area.
For tenants, this configuration can work well for a small business or a distinct retail or office concept, with the listing specifically calling out potential uses such as retail, café, general business, medical office, and professional services. For buyers, it offers an income-producing structure paired with an opportunity to lease the existing commercial space without waiting for a build-out timeline, based on the stated immediate-lease availability. The lot size is listed at 0.192 acres, and the overall property size is reported at 3,898 square feet.
Key Highlights
- Freestanding mixed‑use building with 3 apartments plus 1,560 SF retail/office space available for immediate lease
- Construction materials: stone; heating: natural gas
- Cooling includes central air and window unit(s)
Financial Insights For Mixed Use
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 | $65.5k | $16.80 |
| − Vacancy | −$4.6k | −$1.18 |
| EGI | $60.9k | $15.62 |
| − OpEx | −$22.8k | −$5.86 |
| NOI | $38.1k | $9.76 |
3,898 SF · lease $16.80/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$543.8K
$475.8K – $634.4K
NOI $38,064 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$513.8K
$449.6K – $599.4K
NOI $35,966 @ 7.0% cap · market cap 4.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Freestanding building with three apartments plus retail/office space available for immediate lease in South Whitehall Twp.
Where is this mixed-use property 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: Freestanding mixed‑use building with 3 apartments plus 1,560 SF retail/office space available for immediate lease; Construction materials: stone; heating: natural gas; Cooling includes central air and window unit(s)
