926 Hamilton StAllentown, PA 18101

This exceptional 7,059 square foot building presents a remarkable redevelopment opportunity in the heart of Allentown, Pennsylvania. Situated on a sizable 0.15-acre lot (30' x 230'), this three-story structure boasts a prime corner location just two blocks from the PPL Center. The property is strategically located within Allentown's NIZ (New Investment Zone) opportunity zone, offering significant tax advantages for investors and developers. The surrounding area is experiencing substantial growth, with over a billion dollars in new development since the NIZ's inception, fueled by the presence of 450 new apartments, 14,000+ office workers, and numerous entertainment venues, including the PPL Center. The existing building offers off-street parking and can be reconfigured to suit various needs. Alternatively, the lot's size and location provide an ideal canvas for new construction, maximizing the benefits of the opportunity zone's tax incentives, which can be used to offset debt service on financed construction improvements within the zone. This property is priced at $1,390,000 and represents a unique chance to capitalize on Allentown's thriving urban core. The address is 926-928 W Hamilton Street, Allentown, PA 18101.