Five-Story Brewery
812814 W Hamilton Street, Allentown, PA 18101
For Sale
$6,500,000
Five-story brewery building fully renovated in 2009 with event and hospitality space plus office-ready upper-floor layouts.
Property Size51,816 SF
Price / SF$125.44
Days on Market649
Property Features for 812814 W Hamilton Street
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Year Built
Year Renovated
Buildings
Stories
Building Size
Tenancy
Owner Occupied
Listing Agency:
Century 21 Keim Realtors
Listed By:
Loren K Keim · License PA RM420221
(610) 657-5095
Source:
Deepcreeklake
Added: Feb 4, 2025
Changed: Nov 12
Last Checked: Nov 12 at 8:30AM
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 Century 21 Keim Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Fegley’s Brew Works Building is a five-story, 151,816-square-foot mixed-use brewery property built in 1900 and fully renovated in 2009. The lower level, ground floor, and multiple upper levels are outfitted for events and hospitality, supported by a commercial kitchen and related support spaces across several floors. Multiple levels provide open layouts with high ceilings, including the third and fifth floors, which are described as well-suited for event use or potential conversion into creative office space.
The fourth floor is currently leased to two office tenants and features exposed brick and glass wall design. Two additional floors are used as owner-occupied office and production space, and on-site brewing infrastructure remains in place for continued use or repurposing.
The building is located in the Neighborhood Improvement Zone (NIZ) and is positioned in the heart of Downtown Allentown along a high-traffic corridor, with PPL Center, Da Vinci Science Center, and Archer Music Hall described as nearby.
The fourth floor is currently leased to two office tenants and features exposed brick and glass wall design. Two additional floors are used as owner-occupied office and production space, and on-site brewing infrastructure remains in place for continued use or repurposing.
The building is located in the Neighborhood Improvement Zone (NIZ) and is positioned in the heart of Downtown Allentown along a high-traffic corridor, with PPL Center, Da Vinci Science Center, and Archer Music Hall described as nearby.
Key Highlights
- Five‑story mixed‑use brewery building totaling 151,816 SF
- Fully renovated in 2009; built in 1900
- Neighborhood Improvement Zone (NIZ) location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$281,299
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,625,980
$5.6M
Cap Rate 7%
$4,018,557
$4.0M
Cap Rate 9%
$3,125,544
$3.1M
Market Conditions
NOI Build-Up for 51,816 SF
Gross rent
$404.2K $7.80/SF
− Vacancy
−$29.1K −$0.56/SF
EGI
$375.1K $7.24/SF
− OpEx
−$93.8K −$1.81/SF
NOI
$281.3K $5.43/SF
Area
Allentown, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,625,980
Cap Rate 7%
$4,018,557
Cap Rate 9%
$3,125,544
Alternative Uses
Best Use
Office B
$4.02M
$3.52M – $4.69M
NOI $281,299 @ 7.0% cap · market cap 4.33%
Second Best
Industrial
$3.33M
$2.92M – $3.89M
NOI $233,209 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$10.18M
$8.91M – $11.88M
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
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Five-story brewery building fully renovated in 2009 with event and hospitality space plus office-ready upper-floor layouts.
Where is this brewery located?
The property is located at 812814 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: Five‑story mixed‑use brewery building totaling 151,816 SF; Fully renovated in 2009; built in 1900; Neighborhood Improvement Zone (NIZ) location
