915-921 W Hamilton St, Allentown PA 18101 | 921 W Hamilton St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
915-921 W Hamilton St, Allentown PA 18101 921 W Hamilton St
18,124 SF 100% Leased Retail Building Allentown, PA 18101 $6,953,166 CAD ($384 CAD/SF) 4.04% Cap Rate
Executive Summary
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$405,945
|
$22.40
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $405,945 |
| Annual Per SF | $22.40 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
18,124 SF
Building Class
C
Year Built
1900
Price
$6,953,166 CAD
Price Per SF
$384 CAD
Cap Rate
4.04%
NOI
$280,936 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Land Acres
0.32 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
6 Spaces (0.33 Spaces per 1,000 SF Leased)
Frontage
30 ft on Hamilton St
Walk Score ®
Walker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 549790703578-1 | Improvements Assessment | $433,186 CAD (2024) |
| Land Assessment | $67,425 CAD (2024) | Total Assessment | $500,611 CAD (2024) |
PROPERTY TAXES
Parcel Number
549790703578-1
Land Assessment
$67,425 CAD (2024)
Improvements Assessment
$433,186 CAD (2024)
Total Assessment
$500,611 CAD (2024)
-
Loren Keim -
CENTURY 21 Keim Realtors
1 of 38
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
915-921 W Hamilton St, Allentown PA 18101 | 921 W Hamilton St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.