911 921 W Hamilton St Allentown, PA 18101
Commercial-Other
MLS #: 747646
Listed By CENTURY 21 Keim Realtors
1
Property InformationDescription
The largest site available within the Neighborhood Improvement Zone (NIZ) perfect for major redevelopment project. The entire block adjacent to the PPL tower, this 30,057 SF site includes 7 buildings, fronts on 3 streets and backs up to the parking deck with the potential of a skywalk directly into the deck. While the property currently includes 6 storefronts and 22 apartments, the true value is in redevelopment and taking advantage of the incredible tax incentives of the NIZ. Available are sketch plans for a 9-story mixed-use building and a 11-story hotel conference center.
Features
- Anchor Name: 6
- Building Area: 41302.00 SF
- Cooling: Wall Unit A/C
- Cooling: Central A/C
- Cross Docks: N
- Exterior Description: Brick
- For Auction: N
- General: Wheel Chair Accessible
- Gross Income: 289740.00
- Heating - Fuel Type: Gas
- Lot Size Desc: 1/2 - 1 Acre
- Lot Size In Text: 0.69 Acres
- MLSID: 747646
- Net Operating Income: 219877.00
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $38863.00
- Total Units: 28
- Views: City / Strip
- Water: City Water
- Year Built: 1900
- Zoning: B-2 Central Business
