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2900 Hamilton Boulevard, Allentown City, PA 18103

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For Sale

$1,850,000

6,900 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $268.12
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

Positioned on a rare island parcel in one of Allentown's most dynamic corridors, 2900 Hamilton Boulevard offers investors a 100% occupied, two-tenant asset featuring strong, durable lease structures and upside through rent normalization. The 5,742 SF building is anchored by a high-performing dental operator and a regional engineering firm, benefiting from direct visibility, shared ingress/egress with Wells Fargo Bank, and proximity to key institutional, medical, and residential anchors. This exceptional visibility and access make the site an ideal long-term investment for cash-flow-focused buyers seeking quality tenancy and embedded upside in a healthcare-anchored corridor. Located less than one mile from Lehigh Valley Hospital-Cedar Crest and directly across from Cedar Crest College, the site benefits from dense institutional demand drivers and consistent daytime traffic. The surrounding area includes Muhlenberg College, Dorney Park, and PPL Center, drawing steady visitation from students, professionals, and tourists alike. With strong in-place yield, limited turnover risk, and embedded rent growth, 2900 Hamilton Boulevard is a compelling core office/medical investment in the heart of Allentown's west side. Current price delivers an in-place NOI of $126,893, equating to a 6.85% cap rate. Pro Forma rents represent a 9% pro forma cap rate. Leases are structured as Modified Gross and NNN, with scheduled 2.5% annual increases and limited near-term capital needs.
MLS# 764425

Courtesy Of Keller Williams Real Estate

(610) 435-1800

Property Features

  • Age
    31-40 Years Old
  • Exterior Type
    Brick
  • Lot Size
    0.49 Acres

Map and Directions

Directions to 2900 Hamilton Boulevard, Allentown City, PA 18103

Home seller CENTURY 21 Pinnacle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pinnacle

(610) 791-2121
Learn More About Us

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Copyright © 2025 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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