1333 Hamilton StAllentown, PA 18102

Property Details for 1333 Hamilton St

Year built

1890

Construction

BRICK

Lot size

0.32 AC

Property size (Sq ft)

4,360 SF

Zone code

B1/R

Property type

Investment properties

Property subtype

Live-work space

APN

549679205865-1

APU

5496792058651

Description

This exceptional three-story, 4,360 square foot commercial building presents a compelling investment opportunity in Allentown, Pennsylvania. Located on a high-traffic street in Lehigh County, this mixed-use property boasts a desirable location for maximizing business visibility and accessibility. Currently configured with first-floor commercial space and upper-level apartments, the building offers significant flexibility. The permitted mixed-use zoning allows for a variety of business ventures, from retail and office spaces to co-working environments. The ample square footage provides room for expansion or adaptation to suit diverse business needs. A substantial parking lot ensures convenient parking for both clients and employees, a significant advantage in a busy urban setting. The building's attractive architecture adds to its appeal. The property's strong financial performance is reflected in its pro-forma NOI of $20,475 and a 4.55% cap rate, making it an attractive investment with a solid return potential. This turnkey solution is ideal for entrepreneurs seeking a well-situated, versatile commercial space with immediate income potential or for investors looking for a strong addition to their portfolio. The property is zoned for mixed use, offering a wide range of possibilities for future development and adaptation. The address is 1333 Hamilton St, Allentown, PA 18102. The asking price is $450,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,083,092

  6.5%

  $999,777

  7%

  $928,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $573,507

  Geo Method

  $569,678

• Alternative Use

  Use

  Valuation

  Residential

  $1,239,723

  Hospitality

  $1,135,580

  Educational

  $944,789

  Medical

  $977,282

  Retail

  $1,469,672

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.5989

Longitude

-75.4855

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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