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Five-Story Mixed-Use Building
For Sale
$6,500,000

812 814 W Hamilton Street, Allentown, PA 18101

CommercialSale, Allentown City, PA

Property Size51,816 SF
Lot Size0.46 Acres
Price / SF$125.44
Days on Market474

Property Features for 812 814 W Hamilton Street

General Information

Property type Commercial Sale
Property subtype Office
Parking features Off Street, Parking Lot
Elementary school district Allentown
Middle school district Allentown
High school district Allentown
Directions American Parkway to Right on Linden St, Left on N 7th St, Right on Union St, Right on S 8th St, Left on Hamilton.
Subdivision Allentown-Central
Standard status Active
APN 640609494959001
Size 51,816 SF
Lot size 0.46 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

commercial kitchen
exposed brick and glass walls
high ceilings
on-site brewing infrastructure

Building Details

Year built 1900
Number of units 5
Building materials Brick
Roof type Flat
Listing Agency: CENTURY 21 Keim Realtors · Century 21 Real Estate
Listed By: Loren K. Keim Jr. · License #RM420221
Added: Jul 18, 2025 Changed: Oct 16 Last Checked: Nov 3 at 9:06PM
MLS# 761315

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.

Rey
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Investment Insights

Based on property information with market context.

This five-story mixed-use property contains approximately 51,816 square feet on a 0.46-acre site. Renovated in 2009, the brick building combines hospitality, event, office, and production areas, with central air, natural gas heat, public water, public sewer, and a flat roof. Commercial kitchen and support areas extend across multiple levels, while the third and fifth floors provide open, high-ceiling spaces suited to event operations or office conversion. The fourth floor contains two leased office suites with exposed brick and glass-wall finishes. Other portions are occupied by the owner for office and production functions.

The property is positioned in downtown Allentown within the Neighborhood Improvement Zone and near the PPL Center, Da Vinci Science Center, and Archer Music Hall. Off-street parking and a parking lot serve the site. Brewing infrastructure remains in place and is included as an available component for continued brewing or alternative use.

Key Highlights

  • Approximately 51,816 square feet across five stories
  • 0.46‑acre downtown Allentown site within the Neighborhood Improvement Zone
  • Renovated in 2009; brick construction with central air and natural gas heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$505,983
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,119,660 $10.1M
Cap Rate 7%
$7,228,329 $7.2M
Cap Rate 9%
$5,622,033 $5.6M
Market Conditions
NOI Build-Up for 51,816 SF
Gross rent
$870.5K $16.80/SF
− Vacancy
−$60.9K −$1.18/SF
EGI
$809.6K $15.62/SF
− OpEx
−$303.6K −$5.86/SF
NOI
$506.0K $9.76/SF
Area
Allentown, PA
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,119,660
Cap Rate 7%
$7,228,329
Cap Rate 9%
$5,622,033

Alternative Uses

Best Use
Mixed Use
$7.23M
$6.32M – $8.43M (±1% cap)
NOI $505,983 @ 7.0% cap · market cap 7.78%
Second Best
Office B
$4.02M
$3.52M – $4.69M (±1% cap)
NOI $281,299 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$10.18M
$8.91M – $11.88M (±1% cap)
NOI $712,574 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

365 Health Services Home Health Care Service Fegley's Allentown Brew ... Restaurant Shionna Luxxure Picnic Event Planning Authentic City Church Church

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,558
Businesses Nearby

Demographics for 18101, PA

5,108
Population
2,686
Households
1.9
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
0.3 sq mi
ZIP Area
17,027
Density / Sq Mi
$41,542
Median Household Income
$34,397
Median Earnings
$1,337
Median Rent
$153,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated downtown property combining hospitality, event, office, and production space with existing brewing infrastructure.
Where is this mixed-use property located?
The property is located at 812 814 W Hamilton Street Allentown, PA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Approximately 51,816 square feet across five stories; 0.46‑acre downtown Allentown site within the Neighborhood Improvement Zone; Renovated in 2009; brick construction with central air and natural gas heat
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Includes: Price & PSF · Cap rate · Location · Zoning

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