911 Hamilton St Allentown, PA 18101

This exceptional 0.69-acre property in Allentown, Pennsylvania, presents a unique redevelopment opportunity within the Neighborhood Improvement Zone (NIZ). Located at 911-921 W Hamilton St, this prominent site boasts 41,302 square feet and includes seven buildings, offering significant potential for a transformative project. The property currently houses six storefronts and twenty-two apartments, but its true value lies in its redevelopment potential, leveraging the substantial tax incentives offered by the NIZ. The site's strategic location, adjacent to the PPL tower and fronting on three streets, provides unparalleled visibility and accessibility. Furthermore, its proximity to a parking deck opens possibilities for a skywalk connection, enhancing convenience and functionality. Preliminary plans for a nine-story mixed-use building and an eleven-story hotel conference center are available, showcasing the property's versatility and capacity for large-scale development. This is the largest available site within the NIZ, making it an unparalleled investment opportunity for developers seeking a high-impact project in a thriving urban area. The asking price is $8,150,000. The property's 28 units are currently configured as a mix of commercial and residential spaces.