960 Hamilton Street Allentown City, PA 18101
Commercial-Other
MLS #: 750194
Listed By CENTURY 21 Keim Realtors
Property InformationDescription
Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown's NIZ opportunity zone, this building features a first floor retail / office space that is currently a cigar shop, 2 large upper floor apartments and a private 12 car parking lot. The site is directly across from the new Archer Music Hall and the new Moxy Hotel and next to a new 5-story 78 unit complex and is surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone. Property is part of an approved 12-story residential development for 192 units, but Buyer would need to purchase the neighboring parcels in order to executed.
Features
- Additional MLS: 750194
- Age: Over 50 Years Old
- Building Area: 5300.00 SF
- Common Area Factor: 0
- Cross Docks: N
- For Auction: N
- Level Number: 3
- Lot Size In Text: 5053 Sq. Ft.
- MLSID: 750194
- Max Contiguous Space: 5300
- Min Divisible Area: 5300
- Parking Places: 0
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Tax Year: 2021
- Water: City Water
- Year Built: 1900
- Zoning: B-2-CENTRAL BUSINESS
