Downtown Allentown Retail

812 Hamilton St Unit 401
Downtown Allentown, Allentown, PA
# Prime Downtown Allentown Office Suite 1,447 SF loft-style office suite available for lease!  Property is located in a KOZ, which offers various state and local tax abatement incentives to businesses located within the zone.  Accessible via elevator, fully sprinklered space features high ceilings, natural light, original hardwood floors and on-site parking.  Current layout includes private offices, open work space, conference room and common area including dedicated restroom.  Located in the heart of Allentown's Central Business District among many newly constructed mixed-use retail/residential and office projects.  Walking distance to Lehigh County Courthouse, Federal Courthouse, Allentown City Hall, United States Post Office and many more downtown Allentown destinations.  In close proximity to PP&L Center, Marriott Renaissance Hotel and multiple retail, restaurant and residential amenities.  Co-tenants include Allentown Brew Works, a locally owned award winning restaurant and brew pub, and Traffic Planning & Design.  Ideal for most professional office concepts. Features - 1,447 SF loft-style office suite available for lease - Property is located in a KOZ, offering various state & local tax abatement incentives - Accessible via elevator, fully sprinklered with high ceilings, natural light, original hardwood floors and on-site parking - Current layout includes private offices, open work space, conference room, and common area including dedicated restroom - Within walking distance to many downtown destinations i.e., post office, courthouse, etc. - Ideal for most professional office concepts.

Downtown Allentown

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,360
As of: December 8, 2016

Downtown Allentown Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Allentown region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.

Downtown Allentown Listing Supply

In the last 90 days, 13 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,360 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1955 and are Class C.

Downtown Allentown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Allentown folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Allentown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Allentown.
Research