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Property profile & analytics
FOR SALE
Retail space

911 W Hamilton St Allentown, PA 18101

6,536 SF 0.12 ac lot Built 1920
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1327323
Property summary
AI-generated overview

This exceptional 6,536 square foot storefront property at 911 W Hamilton St in Allentown, Pennsylvania presents a compelling redevelopment opportunity. Located in Lehigh County (zip code 18101), this retail space sits on a 0.12-acre lot and offers three leasable floors with significant reconfiguration potential. The building boasts a 12-car paved parking lot, a significant advantage in a high-traffic area. Its prime location directly adjacent to the PPL tower places it within the heart of Allentown's thriving NIZ (New Investment Zone), surrounded by a burgeoning community. This area has experienced over a billion dollars in new development since the NIZ's inception, fueled by tax incentives that can significantly reduce debt service on financed construction improvements within the zone. The current building's proximity to 450 new apartments, 14,000+ office workers, and entertainment venues like the PPL Center ensures high visibility and strong potential for future tenants. While current plans envision a seven-story structure, the building's design allows for even greater vertical expansion. This property is ideal for business owners, investors, or developers seeking a high-impact project in a rapidly growing urban core. The asking price for this remarkable opportunity is $999,900.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 6,536 SF
Lot 0.12 ac (5,060 SF)
Zoning code B-2
APN 549790803965-1
UPID US73-1327323
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Allen smoke shop and convenience store (Bike/Boat/Book/etc) Store
  • A1 Town Convenience Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$884k
Blend (final) Blend
$735k
Owner & transaction history
Fegley Real Estate LLC · 11 yrs held
Fegley Real Estate LLC
since 2014
7 recorded transactions
2025
Price N/A
2014
Price N/A
2013
$325,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $895,000 +23.5%
Office building $870,000 +19.7%
Apartment house (5+ units) $780,000 +7.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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