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
Description
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.
Supplements: 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.
More Information MLS# PM-77117
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,650,000
Current Price: $1,650,000
Status: Closed
Listing Contract Date: 2020-05-04
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
General Property Information
Above Grade Finished Area: 31750
Building Area Source: Estimated
Stories: 3
Year Built Source: Other
Lot Size Acres: 0.32
List Price/SqFt: 59.84
Sold Price/SqFt: 51.97
Building Area Total: 31750
Year Built: 1950
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.
Business Type
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Current Use
Residential: 1
Commercial: 1
Possible Use
Other: 1
See Remarks: 1
Medical/Dental: 1
Multi-Family: 1
Construction Materials
Brick: 1
Cooling
None: 1
Heating
Oil: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
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
Status Change Information
Purchase Contract Date: 2021-06-25
Close Date: 2021-12-03
Close Price: 1650000
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
Listing Office:
DLP Realty
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.

