1130-1136 Hamilton Street, Allentown, PA 18102
$1,650,000
Property Type:
Commercial Sale
Square Footage:
31,750
Lot Size (sq. ft.):
13,939
Status:
Closed
Current Price:
$1,650,000
List Date:
10/12/2020
Last Modified:
3/03/2025
Overview
Description
Supplements: ... (Read more) Established, long term tenants anchor the buildings first and third floors. Smaller offices on the 2nd floor allow for size diversification helping to maintain high occupancy. The immediate area around the building features a public library, bank, and medical office, in addition to just a few short blocks away is the PPL Center and tons of fabulous restaurants and shops. The building has undergone interior renovations with common area renovations underway.
Listing Details MLS# PM-77117
General Property Information
- Above Grade Finished Area
- 31750
- Building Area Total
- 31750
- Building Area Source
- Estimated
- Stories
- 3
- Year Built
- 1950
- Year Built Source
- Other
- Lot Size Acres
- 0.32
- List Price/SqFt
- 59.84
- Sold Price/SqFt
- 51.97
Property Features
Listing Terms:
Cash; Conventional
Possession:
Negotiable
Current Use:
Commercial; Residential
Possible Use:
Other; See Remarks; Medical/Dental; Multi-Family
Business Type:
Professional Service; Professional/Office
Construction Materials:
Brick
Cooling:
None
Heating:
Oil
Water Source:
Public
Sewer:
Public Sewer
Road Frontage Type:
City Street
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2020-05-04
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Lehigh
- Street Number
- 1130-1136
- Street Name
- Hamilton
- Street Suffix
- Street
- City (Post Office)
- Allentown
- State
- PA
- Postal Code
- 18102
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Potential Use: R&D, Miscellaneous: Zoning Code B2
- Public Remarks
- 1130-1136 W Hamilton is a 93.87% occupied 31,750 SF Office building with 2 residential apartments. This is an amazing opportunity to purchase a well run professional office building with stable income and tenant base. This three story building features just under 30,000 square feet of prime commercial office space and just under 2,000 square feet of residential rental space. A nearly fully occupied mixed use investment. The 0.77 acre property sits on four parcels with 76 parking stalls. Parking is at a premium on Hamilton St. with the incredible revitalization going on, and this property has one of the largest parking lots on Hamilton. Occupants include two law firms, an actuarial firm, an engineering company, and a nonprofit educational company along with local and regional businesses.
Status Change Information
- Purchase Contract Date
- 2021-06-25
- Close Date
- 2021-12-03
- Close Price
- 1650000
More Information
Location, Tax, and Legal
- Parcel Number
- 549689522449001
- Municipality
- Allentown City
- High School District
- Allentown City
- Cnty&Muni Taxes (Legacy)
- 6223.36
- School Tax Amount
- 10037.2
- Tax Annual Amount
- 16260.56
- Tax Assessed Value
- 500000
- Tax Book Number
- 2014009005
- Zoning Description
- Commercial
Business Type
- Professional Service
- Yes
- Professional/Office
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Negotiable
- Yes
Current Use
- Residential
- Yes
- Commercial
- Yes
Possible Use
- Other
- Yes
- See Remarks
- Yes
- Medical/Dental
- Yes
- Multi-Family
- Yes
Construction Materials
- Brick
- Yes
Cooling
- None
- Yes
Heating
- Oil
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
DLP Realty
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.