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1015 W Hamilton St 4,280 SF Retail Building Allentown, PA 18101 $1,163,335 CAD ($271.81 CAD/SF)
Investment Highlights
- The first floor features an established, long-term tenant operating a convenience store
- Close to major highways US-22 & I-78 for easy commute, Allentown Art Museum, Coca Cola Park, Allentown Airport, shops, restaurants & more
- A solid addition to any portfolio, this property combines stable commercial tenancy with residential income flexibility
Executive Summary
This versatile 3-unit, mixed-use investment property offers immediate and long-term income potential. The first floor features an established, long-term tenant operating a convenience store, along with a fully equipped vacant kitchen—ideal for expansion or additional revenue opportunities. The tenant-occupied second-floor apartment boasts luxury vinyl plank flooring throughout, three bedrooms, an updated full bathroom, and a spacious eat-in kitchen with tile floors. The third-floor unit is a vacant two-bedroom, one-bath apartment with a sunroom, perfect for owner occupancy or rental, with the potential to generate $1,600+ per month in passive income. A solid addition to any portfolio, this property combines stable commercial tenancy with residential income flexibility. Conveniently located close to major highways US-22 and I-78 for easy commute, Allentown Art Museum, Coca COla Park, Allentown Airport, shops, restaurants and so much more!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$82,949
|
$19.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,949
|
$19.38
|
| Taxes |
$10,210
|
$2.39
|
| Operating Expenses |
$43,547
|
$10.17
|
| Total Expenses |
$53,756
|
$12.56
|
| Net Operating Income |
$29,192
|
$6.82
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $82,949 |
| Annual Per SF | $19.38 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $82,949 |
| Annual Per SF | $19.38 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,210 |
| Annual Per SF | $2.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $43,547 |
| Annual Per SF | $10.17 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $53,756 |
| Annual Per SF | $12.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $29,192 |
| Annual Per SF | $6.82 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,280 SF
Building Class
C
Year Built
1900
Price
$1,163,335 CAD
Price Per SF
$271.81 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.09
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
5 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
25’ on Hamilton St
Walk Score®
Walker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 549699183099-1 | Total Assessment | $301,796 CAD |
| Land Assessment | $44,731 CAD | Annual Taxes | $10,210 CAD ($2.39 CAD/SF) |
| Improvements Assessment | $257,065 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
549699183099-1
Land Assessment
$44,731 CAD
Improvements Assessment
$257,065 CAD
Total Assessment
$301,796 CAD
Annual Taxes
$10,210 CAD ($2.39 CAD/SF)
Tax Year
2025
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Presented by
New Era Development LLC
1015 W Hamilton St
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