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Allentown PA Real Estate & Commercial for Sale

2 Properties Found

The median home value in Allentown, PA is $299,950. This is higher than the county median home value of $225,000. The national median home value is $308,980. The average price of homes sold in Allentown, PA is $299,950. Approximately 46% of Allentown homes are owned, compared to 46% rented, while 8% are vacant. Allentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Allentown real estate agent to arrange a tour today!
Learn more about Allentown Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALH2001934
Type:
General Commercial
Lot size:
0.32 Acres
Year built:
1900
Courtesy: Century 21 Keim Realtors, (610) 395-0393
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PALH2001360
Type:
General Commercial
Lot size:
0.16 Acres
Year built:
1900
Courtesy: Century 21 Keim Realtors, (610) 395-0393
View additional info

Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentownâs 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.

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