Three-Story Mixed-Use
For Sale
$1,600,000
926 W Hamilton St, Allentown, PA 18104
Corner-positioned property with rear access to the Maple Street Parking Deck and redevelopment flexibility within Allentown’s NIZ District.
Property Size7,059 SF
Price / SF$226.66
Days on Market64
Property Features for 926 W Hamilton St
General Information
Standard status
Active
Size
7,059 SF
Building Details
Year Built
1930
Listing Agency:
Century 21 Keim Realtors
Listed By:
Loren K Keim · License #RM420221
(877) 208-4158
Source:
Selltheshore
Added: Aug 12
Changed: Oct 7
Last Checked: Oct 7 at 2:00PM
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
Investment Insights
Based on property information with market context.
This three-story mixed-use building occupies a 7,059-square-foot parcel at 926 W Hamilton St in Allentown. The site measures 30 feet by 230 feet and includes a building constructed in 1930. Its existing configuration can support repositioning for retail, restaurant, office, or residential use, while full redevelopment is also identified as an option.
The property is situated on a high-visibility corner across from the redeveloping PPL Tower and near Archer Music Hall and the Da Vinci Science Center. Rear access adjoins the Maple Street Parking Deck, providing direct proximity to structured parking. The site lies within Allentown’s NIZ District, where eligible construction improvements may benefit from state and local tax provisions.
The property is situated on a high-visibility corner across from the redeveloping PPL Tower and near Archer Music Hall and the Da Vinci Science Center. Rear access adjoins the Maple Street Parking Deck, providing direct proximity to structured parking. The site lies within Allentown’s NIZ District, where eligible construction improvements may benefit from state and local tax provisions.
Key Highlights
- 7,059‑square‑foot parcel at 926 W Hamilton St, Allentown, PA 18104
- 30' × 230' lot with substantial depth for redevelopment planning
- Three‑story mixed‑use building constructed in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,945
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,900
$1.7M
Cap Rate 7%
$1,242,071
$1.2M
Cap Rate 9%
$966,056
$966.1K
Market Conditions
NOI Build-Up for 7,059 SF
Gross rent
$131.3K $18.60/SF
− Vacancy
−$7.1K −$1.00/SF
EGI
$124.2K $17.60/SF
− OpEx
−$37.3K −$5.28/SF
NOI
$86.9K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,900
Cap Rate 7%
$1,242,071
Cap Rate 9%
$966,056
Alternative Uses
Best Use
Retail
$1.24M
$1.09M – $1.45M
NOI $86,945 @ 7.0% cap · market cap 5.43%
Second Best
Mixed Use
$984.7K
$861.6K – $1.15M
NOI $68,931 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,075 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,558
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Apparel 4%
7-Eleven
Shops & Services
14,046 visits/mo
0.2 miles
Sunoco
Shops & Services
12,060 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,924 visits/mo
0.2 miles
Chase Bank
Shops & Services
3,319 visits/mo
0.2 miles
Clean Rite Center
Shops & Services
3,209 visits/mo
0.4 miles
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-positioned property with rear access to the Maple Street Parking Deck and redevelopment flexibility within Allentown’s NIZ District.
Where is this mixed-use property located?
The property is located at 926 W Hamilton St Allentown, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7,059‑square‑foot parcel at 926 W Hamilton St, Allentown, PA 18104; 30' × 230' lot with substantial depth for redevelopment planning; Three‑story mixed‑use building constructed in 1930
