This exceptional 1,200 square foot commercial space is available for lease at a monthly rate of $2,100. Located in the heart of Historic Downtown Bethlehem, this single-tenant office offers a blend of functionality and charm. The property is situated on a 0.077-acre lot and is ideally suited for a variety of office uses, including medical, traditional, executive, or creative office settings. The building itself boasts a beautifully renovated interior, though specific details of the renovation are not yet available. The property's prime downtown location provides easy access to a wealth of amenities, including shopping, dining, and the vibrant cultural attractions of Bethlehem's historic district. This is a fantastic opportunity for a business seeking a well-appointed space in a highly desirable location. Further details regarding the interior layout and features will be released soon. Interested parties should prepare for a scheduled walkthrough, inspection, or appraisal through the designated scheduling system. The property is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$573,095
6.5%
$529,010
7%
$491,224
Comparable approach
Method
Valuation
Relative Method
$303,459
Geo Method
$301,433
Alternative Use
Use
Valuation
Residential
$655,973
Hospitality
$600,868
Educational
$499,915
Medical
$517,108
Retail
$777,645
Location Insight
City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6219
Longitude
-75.3749
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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