Great Development Opportunity. Outstanding location.
This commercially zoned 1.10 acre building lot is adjacent, and with possible direct access pending, to Hamilton Crossings, Eastern PA's hottest new shopping and dining destination.
This one-of-a-kind commercially zoned property is also approved for the construction of up to five residential townhouse rental units, and is the only approved high density residential building lot in the hot Hamilton Crossings area of the township.
Located in Lower Macungie Township, this property is literally steps from first class retailers Whole Foods, Nordstrom Rack, Costco, Target, Pier 1 Imports, Ulta Beauty, Dick's Sporting Goods, Starbucks, AT&T, Verizon, PA Wine & Spirits, Kay Jewelers, PetSmart, and many others. Dining options include Chipotle, Smashburger, Starbucks, BJ's Restaurant & Brewhouse, Outback Steakhouse, and Anthony's Coal Fired Pizza, as well as medical, dental, eye glasses, hair salon, massage and other professional services.
This property location is ideally situated to accommodate the growing trend toward walkable access to businesses and services. As published in Zillow Talk: Rewriting the Rules of Real Estate (2016), highlighting the investment value of desirable retail proximity: "Homes grow more rapidly in value if they are closer to a Trader Joe's or Whole Foods. Between 1997 and 2014, homes near either of these two grocery chains were consistently worth more than the median U.S. home."
Currently, there is an owner occupied 2 story, 3 bedroom, 2 bath, full basement home with 2 wired storage buildings on the property. An ideal location as a home rental income investment, or even subdivide for the construction of 1 or 2 new single family homes. Many residential & commercial mixed use possibilities.