726 Hamilton StAllentown, PA 18101

  • Retail properties
  • 8,532 SF
For Lease

Property Details for 726 Hamilton St

Year built
1900
Lot size
0.16 AC
Property size (Sq ft)
8,532 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Retail space
APN
640700811238-1
APU
6407008112381

Description

This exceptional Allentown, PA commercial property at 726 Hamilton Street offers a versatile 6,800 square foot retail space ideally suited for multiple tenants. The property features two suites, with a minimum divisible space of 4,250 square feet. A significant advantage is the inclusion of an attached 2,550 square foot garage space, perfect for storage, deliveries, or even potential expansion of the retail operation. The building's ground floor layout provides excellent street visibility and accessibility for customers. Located in the 18101 zip code of Allentown, Pennsylvania, this property benefits from a high-traffic location, making it an attractive option for businesses seeking strong foot traffic and convenient access. The combined retail and garage space presents a unique opportunity for a variety of retail uses, allowing for flexibility in tenant configuration and business needs. This is a rare chance to acquire a well-situated, sizable retail property with added garage space in a thriving Allentown market. The property is ready for immediate occupancy and offers a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,115,637
    6.5%
    $2,875,973
    7%
    $2,670,546
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,828,157
    Geo Method
    $2,809,274
  • Alternative Use

    Use
    Valuation
    Residential
    $2,425,990
    Hospitality
    $2,222,194
    Educational
    $1,848,840
    Medical
    $1,912,424
    Retail
    $2,875,973
726 Hamilton St, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6015
Longitude
-75.4726
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,814
$69,000
$173,800
$242,800
-
$69,000
$173,800
$242,800

FAQs

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