5 4Th StBethlehem, PA 18015

Property Details for 5 4Th St

Year built

1935

Lot size

0.05 AC

Property size (Sq ft)

2,742 SF

Zone code

CB

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

P6SE1A 20 11 0204

APU

P6SE1A20110204

Description

This exceptional three-story office building, located at 5 W 4th St in Bethlehem, PA 18015, offers a total of 13,000 square feet. Currently, a significant 8,000 square feet of space is available for lease, presenting a unique opportunity for a single tenant. The building consists of one structure with three floors. The available space encompasses the second and third floors. The second floor is offered at a competitive rate of $17 per square foot, while the third floor is available for $10 per square foot. This translates to a substantial amount of flexible, adaptable space perfect for a variety of business needs. The building's prime location in downtown Bethlehem provides excellent visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in a thriving community. The traditional office layout offers a classic and functional workspace, ready for immediate occupancy. This is a single-tenant occupancy building, ensuring privacy and control over the entire leased space. The property is situated at 5 W 4th St, Bethlehem, PA 18015. This presents a rare opportunity to secure a substantial and well-located office space in a desirable Pennsylvania city.

• CAP approach

  CAP return

  Valuation

  6%

  $844,633

  6.5%

  $779,661

  7%

  $723,971

• Comparable approach

  Method

  Valuation

  Relative Method

  $559,051

  Geo Method

  $555,318

• Alternative Use

  Use

  Valuation

  Residential

  $779,661

  Hospitality

  $714,165

  Educational

  $594,177

  Medical

  $614,612

  Retail

  $924,275

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6107

Longitude

-75.3781

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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