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Doug Strickland

doug@residentialguru.com +1(610) 724-3801

Listed by Loren Keim • Century 21 Keim Realtors

$7,500,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALH2012254

Year Built 1900

Annual Tax Amount $38,863

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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 a mixed-use project. 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.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning B-2

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C, Wall Unit

Heat Source Natural Gas

Exterior

Garage Spaces 40.0

Water Access N

View City

Roof Type Flat

Accessibility Elevator

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allentown

Others

Tax ID 549790706678-00001

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Nearby School & Business

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Doug Strickland

+1(610) 724-3801

Agent | License ID: RS275319

Agent License ID: RS275319

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915 W HAMILTON ST Allentown, PA 18101

Doug Strickland

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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