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1015 W Hamilton St 4,280 SF Retail Building Allentown, PA 18101 $1,182,457 CAD ($276.28 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 |
$84,312
|
$19.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,312
|
$19.70
|
| Taxes |
$10,378
|
$2.42
|
| Operating Expenses |
$44,262
|
$10.34
|
| Total Expenses |
$54,640
|
$12.77
|
| Net Operating Income |
$29,672
|
$6.93
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $84,312 |
| Annual Per SF | $19.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $84,312 |
| Annual Per SF | $19.70 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,378 |
| Annual Per SF | $2.42 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $44,262 |
| Annual Per SF | $10.34 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,640 |
| Annual Per SF | $12.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $29,672 |
| Annual Per SF | $6.93 |
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
$1,182,457 CAD
Price Per SF
$276.28 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
Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 549699183099-1 | Total Assessment | $307,892 CAD (2026) |
| Land Assessment | $45,634 CAD (2026) | Annual Taxes | $10,378 CAD ($2.42 CAD/SF) |
| Improvements Assessment | $262,258 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
549699183099-1
Land Assessment
$45,634 CAD (2026)
Improvements Assessment
$262,258 CAD (2026)
Total Assessment
$307,892 CAD (2026)
Annual Taxes
$10,378 CAD ($2.42 CAD/SF)
Tax Year
2025
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Presented by
New Era Development LLC
1015 W Hamilton St
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