Allentown PA Real Estate & Commercial for Sale

Incredible redevelopment opportunity for a building directly next to the PPL tower. 3 Leasable floors that can be reconfigured. 6536 SF building with 12 car paved parking lot. Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown s NIZ opportunity zone. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone. Plans for building include 7 stories, but can be scaled taller

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

Incredible redevelopment opportunity for a corner building on a large 30 x 230 lot only 2 blocks from the PPL center in the heart of Allentown s NIZ opportunity zone. This large 3 story building with off street parking may be reconfigured, or an investor or user may consider building a new project to take full advantage of all the benefits the opportunity zone offers. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.

Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown s NIZ opportunity zone, this beautiful building features a gorgeous first floor retail / office space that is currently a salon, 3 upper floor apartments and a 30 car private parking lot. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.

Spacious Commercial Garage/Warehouse with 1-2 bedroom Apartment on 2nd Floor in Allentown. Full Address: 114-116 S Hall St. 3,400 Sq Ft Building. 1st Floor Garage open 52x34 space with utility sink and half bath and plenty of electrical outlets. Garage door 9.5 Ft High x 11 Ft Wide. 2nd Floor can be used as storage or 1-2 Bedroom Apartment. 3 Large 2nd Floor spaces (23x24, 26x19, 13x12) with full bathroom. Property currently Vacant and ready for Occupancy! Sale is "As-Is"

DOWNTOWN ALLENTOWN, WALKING DISTANCE TO THE PPL CENTER (2 BLOCKS), This very large building is equipped with parking in the back, multiple floors, zoned Commercial and has so much potential. This building was used as a social club, then a church for years. The first floor is completely open, the second floor has multiple office space. The basement is also very spacious and has useable sqft. Contact me for more details. This is a GEM

Building and lot is now available.

The six level structure boasts the only glass rooftop bar in Allentown. Each floor was elegantly designed utilizing the best finishes available. This restaurant opened as The Cosmopolitan and later transformed into Hook Seafood Restaurant. Cosmopolitan and Hook were ahead of their time in this once struggling city. Those times have certainly changed and this versatile facility is primed to be re-opened as designed or possibly repositioned as a boutique hotel or high end residential project. The resurgence of downtown Allentown has been nationally noticed and applauded, with $1 Billion+ in new development spurred by the creation of the one of a kind Neighborhood Improvement Zone (NIZ) legislation. New office buildings, retail, residential projects, event centers and a world class sports and entertainment arena have pumped life into the downtown again. This gorgeous restaurant/event/catering/conference facility could be your opportunity to become part of the incredible success story!

" Two-story retail/office building consisting of 5,300 SF" Off-street parking lot at rear of building with 10 spaces" Electric updated in 2018 and 2022; Heating updated 2020 & 2022" Building equipped with local alarm system including fire alarm" Storage area in basement" Located in City of Allentown's NIZ (Neighborhood Improvement Zone)" Surrounding area residentially dense with many area amenities including PPL Center just three blocks away" Accessible via Routes 22, 309, and 222