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915 W Hamilton St 18,124 SF Office Building Allentown, PA 18101 $10,231,800 CAD ($564.54 CAD/SF)
Executive Summary
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, OR an office building OR renderings are available for a mixed-use project with retail first floor, office second floor and 7 to 10 stories of apartments above. The property backs up to an Allentown Authority parking garage. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$395,275
|
$35.43
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $395,275 |
| Annual Per SF | $35.43 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
18,124 SF
Building Class
B
Year Built
1900
Price
$10,231,800 CAD
Price Per SF
$564.54 CAD
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
2,589 SF
Building FAR
0.92
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
B-2
Amenities
- Bus Line
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 549790706678-1 | Improvements Assessment | $1,023,726 CAD (2026) |
| Land Assessment | $152,522 CAD (2026) | Total Assessment | $1,176,248 CAD (2026) |
Property Taxes
Parcel Number
549790706678-1
Land Assessment
$152,522 CAD (2026)
Improvements Assessment
$1,023,726 CAD (2026)
Total Assessment
$1,176,248 CAD (2026)
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915 W Hamilton St
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