117 4Th StBethlehem, PA 18015

  • Specialty properties
  • 12,200 SF
For Lease
$28/SF/YR View listing

Property Details for 117 4Th St

Year built
1985
Lot size
0.51 AC
Property size (Sq ft)
12,200 SF
Zone code
CB
Property type
Specialty properties
APN
P6SE1A 21 2 0204
APU
P6SE1A2120204

Description

This exceptional 1,566 square foot retail space, situated within The Marshall of the Valley, a new 76-unit, 150-bed student housing complex, presents a unique investment opportunity. Located on 4th Street in Southside Bethlehem, Northampton County, this ground floor space offers unparalleled access to a built-in clientele of students. The property boasts a prime location near Lehigh University, numerous hotels, restaurants, shopping centers, and the Wind Creek Casino, ensuring high foot traffic and visibility. The building itself is a newly constructed (2024) development, providing modern amenities and a contemporary aesthetic. The retail space is part of a larger complex comprising 30 one-bedroom and 46 two-bedroom units, guaranteeing a consistent flow of potential customers. The space is available for lease in Fall 2025, offering ample time for tenant improvements and preparation. With a net lease rate of $28 per square foot, this property represents a strong return on investment. The convenient location and proximity to a large student population make this an ideal space for a variety of retail businesses seeking to tap into a thriving market. Don't miss this chance to establish your business in a vibrant and rapidly growing area. The total building size is 76,000 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,468,950
    Hospitality
    $3,177,540
    Educational
    $2,643,676
    Medical
    $2,734,596
    Retail
    $4,112,385

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6108
Longitude
-75.3765
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,140
$109,600
$73,000
$182,600
-
$219,200
$146,000
$365,200

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