Prime Redevelopment Site in
915 921 W Hamilton Street, Allentown, PA 18101
SINGLE_FAMILY - Allentown City, PA
Type:Office
Property size:
18,124 SFLot size:
0.46 AcresPrice / SF:
$413/SF- Added:
- Jun 9, 2025
- Days on Market:
- 335
- Last Refresh:
- May 9 at 7:06 am
Property Features for 915 921 W Hamilton Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- B-2-CENTRAL BUSINESS
- Parking
- 40
- Standard status
- Active
- APN
- 549790706678001
- Size
- 18,124 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Annual Amount
- 38863
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Brick, Masonry
- Roof type
- Flat
Listing agent Loren K. Keim Jr. License #RB-045762-L (877) 208-4158
Listing office CENTURY 21 Keim Realtors 90 N Cedar Crest Blvd, Allentown, PA (610) 395-0393
Listing date Jun 9, 2025
MLS# 759010
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.
HighLights
- Located in NIZ (Neighborhood Improvement Zone) offering significant tax opportunities for redevelopment.
- High redevelopment potential: Renderings available for a 300‑unit hotel, office building, or mixed‑use project.
- Substantial income potential: Current NOI is over $200,000 with potential for significant increase.
- Large corner lot: Nearly half‑acre site comprised of 5 buildings.
- Prime location: Situated on Hamilton and Fountain, in the same block as PPL Tower.
- Existing income stream: Currently has 21 units including 4 storefronts and 17 residential units with a Gross Income of $269,700.
Overview
This property, comprised of five buildings, occupies nearly half an acre at the corner of Hamilton and Fountain, situated in the same block as the PPL Tower. Located within a tax opportunity zone, this site is suitable for a major redevelopment project. Conceptual renderings are available for an 11-story, 300-unit hotel with underground parking, an office building, or a mixed-use project featuring retail space on the first floor, office space on the second floor, and 7 to 10 stories of apartments above. The property is adjacent to an Allentown Authority parking garage. Currently, the property includes 21 units, consisting of 4 storefronts and 17 residential units, generating a gross income of $269,700 and a net operating income (NOI) of over $200,000. The 18,124 square foot property is zoned B-2-CENTRAL BUSINESS.
Location Intelligence
Current Use by Public Records
Distinctive Notary & Services
Tax Preparation
GG&G Investment Inc.
Real Estate Agency
Cat C15 & C18 ...
Auto Repair Shop
Rosado Investment Group ...
Property Management Company
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.476303
- Latitude
- 40.601273
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Nearly half-acre corner lot suitable for major redevelopment project.
Where is this mixed-use property located?
The property is located at 915 921 W Hamilton Street Allentown, PA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Located in NIZ (Neighborhood Improvement Zone) offering significant tax opportunities for redevelopment.; High redevelopment potential: Renderings available for a 300‑unit hotel, office building, or mixed‑use project.; Substantial income potential: Current NOI is over $200,000 with potential for significant increase.
