949 Hamilton Street

Allentown, PA, 18101

$4,900,000

$144 per ft²
$4,900,000
$144 per ft²
Active
Active
 - For Sale
carpenters-square
34,020 ft²
property_type
Commercial
calendar
Built 1922
+/- 34,020 SF is Available for sale in Downtown Allentown PA. It sits on .42 acres, ideal for a redevelopment opportunity. The building is in a special tax district called the Neighborhood Improvement Zone (NIZ). The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a half-billion dollars in redevelopment and is still urged to do more due to demand. The NIZ is a powerful program that aid in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly approved Da Vinci Science Center, which will feature a +/-67,000 SF structure based on renderings and to offer +/-30,000 SF of interactive exhibits. Current plans call for groundbreaking in spring 2022, with an opening date of spring 2024.
MLS® ID:
695989
Listed:
6/28/22
Updated:
10/6/22
Steel City Realty
Jennifer de Jesus

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Other

Exterior/Building Features

Lot Size
0.42 acres lot
Architectural Style
Other

School Information

School District
Allentown

Other Property Details

Area Name
Allentown-Central
Garage
No
Parking
N
View
N
County
Lehigh
Pool
No
Zoning
B-2-CENTRAL BUSINESS

 

Courtesy of Keller Williams Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than Jennifer de Jesus are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2022 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 10/6/22

Steel City Realty
Jennifer de Jesus
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