539 W Hamilton St Local commercial 1 240 m² Inoccupé À vendre Allentown, PA 18101 1 129 310 € (910,96 €/m²)

Real Estate Only! Business and beer license being sold separately for $500k. Positioned in the heart of downtown Allentown within the highly sought-after Neighborhood Improvement Zone (NIZ), this exceptional mixed-use opportunity features a restaurant on the ground level of a prominent four-story building, benefiting from excellent visibility, steady pedestrian flow, and proximity to major attractions, offices, and residential developments. Above the thriving commercial space, the upper three floors present a rare value-add opportunity. Already wired, plumbed, and partially framed, these levels are primed for completion into nine residential apartments—offering investors the ability to capitalize on the area’s continued growth and demand for downtown living. With much of the heavy lifting already completed, this property provides a streamlined path to generating additional rental income while leveraging the tax advantages and incentives associated with the NIZ. Whether you’re an investor seeking a turnkey business (furnishings, inventory, beer license all included) with upside potential or a developer looking to maximize returns in one of Pennsylvania’s fastest-growing urban cores, this property delivers a compelling blend of stability, scalability, and location-driven value.