Property profile

835 Hamilton St Allentown, PA 18101

OFF-MARKET
Retail properties & Spaces
266,179 SF
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Property summary

AI-generated overview

Dream Grand Plaza, located at 835 Hamilton St, Allentown, PA 18101, presents a unique investment opportunity in Lehigh County's thriving downtown. This eight-story building, totaling 266,179 square feet, offers a variety of spaces ideal for diverse businesses. Currently available are several suites ranging from a minimum of 2,300 square feet to a maximum contiguous space of 34,050 square feet. Options include street-level retail spaces suitable for cafes and restaurants (with one space divisible into two suites), and Class A office space, including a full 28,200 square foot floor. The building is zoned B-2 and features a total of four suites. The property benefits from its prime location adjacent to the Da Vinci Science Center at PPL Pavilion, within a rapidly developing area experiencing over $1 billion in new development and improvements. The planned addition of over 100 luxury and market-rate apartments will further enhance the area's vibrancy and desirability. This presents a rare chance to establish a presence in a dynamic and rapidly growing downtown Allentown location. The building's impressive architecture and versatile space options make it an attractive proposition for a range of businesses seeking a prominent address in a revitalized urban setting.

Property profile

Verified
Property type Retail properties & Spaces
Total area 266,179 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Credit Union
  • Real Estate Agency
  • Apartment Complex
  • Big Box & Wholesale Store
  • Real Estate Agency

Location

835 Hamilton St Allentown, PA 18101
Allentown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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