1135 Hamilton St Allentown, PA 18101
- Retail properties
- 0.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1135 Hamilton St
- Year built
- 1900
- Lot size
- 0.33 lot acres
- Property type
- Retail properties
Description
This exceptional 3,000 square foot restaurant and lounge space is available for lease in Allentown, Pennsylvania. Located just one block from the thriving Neighborhood Improvement Zone (NIZ), this property offers a unique opportunity to capitalize on significant ongoing development and revitalization efforts. The space is delivered in a "v-shell" condition, featuring an existing hood system, ideal for a quick and efficient setup. The layout is designed for versatility, with first-floor takeout capabilities, a second-floor dining area perfect for events, and an outdoor deck providing extra seating and entertainment options. The NIZ, a state tax district established in 2011, has already spurred over a billion dollars in redevelopment, attracting major projects such as the PP&L Event Center, numerous Class A office buildings, and the new Da Vinci Science Center. This dynamic area continues to experience substantial growth, creating a highly promising environment for businesses seeking expansion and success. The ongoing investment and revitalization within the NIZ present a compelling opportunity for significant return on investment. This property's prime location and adaptable design make it an ideal space for a thriving restaurant or lounge concept. The proximity to the NIZ ensures high visibility and access to a growing customer base. The outdoor deck adds a unique amenity, enhancing the overall appeal and functionality of the space. This is a rare chance to establish a business in a rapidly developing and highly sought-after area of Allentown.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4813
- Latitude
- 40.6