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949 HAMILTON ST, ALLENTOWN, 18101

$4,500,000

  • Commercial /Commercial
949 HAMILTON ST, Allentown City, PA for sale.
949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
                                  949 HAMILTON ST, Allentown City, PA for sale.
Courtesy of KW COMMERCIAL
PRICE REDUCED!!! Downtown Allentown, PA development site/redevelopment opportunity For Sale located in the burgeoning Neighborhood Improvement Zone (NIZ). The NIZ is unprecedented State Tax legislation created in 2009. The program has spurred almost one billion dollars in new development in downtown Allentown since it's inception including PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple high rise office buildings, restaurants, retail, apartments and much more. Virtually all taxes generated within the NIZ (except school taxes and city taxes) can be used to pay down debt service on any financed construction improvements within the zone. This is one of the largest properties in the downtown available to purchase and develop. The current structures consist of approximately 34,020 SF of retail, office and residential in varying condition. The lot size is .42 acres. The structures can be redeveloped or razed for new development.
Last updated on 12/14/2018
Courtesy of KW COMMERCIAL

More Details for 949 HAMILTON ST

Property Class: Commercial
Listing Status: Available
City: Allentown City
State: PA
Zip: 18101
Area: 13 – Allentown-Central
County: Lehigh
Class: Commercial
Property Subtype: Commercial
Approx Lot Size: 0.418
SqFt: 34020
Year Built: 1922
Listing#: 568646
Taxes: $27,689
aaStatusCode: Active
List Date: 12/19/2017

Features for 949 HAMILTON ST

Cooling: None
Location: Corner
Surface Type: None
Property Sub Type Category: Commercial

Documents for 949 HAMILTON ST

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Based on information from the Lehigh Valley Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable, but not guaranteed.
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