804 W Hamilton Street, Allentown, PA 18101
Local realty services provided by:ERA One Source Realty
804 W Hamilton Street,Allentown City, PA 18101
$1,150,000
- - Beds
- - Baths
- 10,872 sq. ft.
- Multi-family
- Active
Listed by:jennifer kim yun
Office:howardhanna thefrederickgroup
MLS#:762174
Source:PA_LVAR
Price summary
- Price:$1,150,000
- Price per sq. ft.:$105.78
About this home
Exceptional investment potential in Allentown's thriving Neighborhood Improvement Zone (NIZ). This three-story commercial building with a full basement offers a rare mix of stable income and significant value-add upside. The ground floor (approx. 4,800 SF) is fully leased to an NNN retail tenant, providing immediate cash flow. The 2nd and 3rd floors (approx. 3,050 SF each) are currently vacant—ideal for redevelopment into office, residential, or mixed-use space. Zoned B-2 Central Business, this flexible property supports a wide range of uses, including retail, office, residential, service, or government. The NIZ tax opportunity further enhances financial viability and ROI. Located in the heart of downtown Allentown, this property is surrounded by over $1 billion in recent investment, 1500+ new apartments, and 14,000+ daily office workers. It’s also within walking distance of key attractions such as the PPL Center Arena and the newly opened Da Vinci Science Center (May 2024). Whether you're an investor, developer, or owner-user, this is a unique opportunity to be part of Allentown’s ongoing urban revitalization.
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Home facts
- Year built:1900
- Listing ID #:762174
- Added:55 day(s) ago
- Updated:September 25, 2025 at 02:55 PM
Rooms and interior
- Living area:10,872 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Gas
Structure and exterior
- Year built:1900
- Building area:10,872 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$105.78
- Tax amount:$5,441
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