52 Broad StBethlehem, PA 18018

Property Details for 52 Broad St

Year built

1910

Lot size

0.19 AC

Property size (Sq ft)

4,270 SF

Zone code

CB

Property type

Office properties

APN

P6NE1D 13 4 0204

APU

P6NE1D1340204

Description

This exceptional commercial property, located at 52 W Broad St in Bethlehem, Pennsylvania, presents a unique investment opportunity. The 14,000 square foot building, formerly a bank branch, sits on a 0.41-acre lot (APN: P6NE1D 7 10 0204) and is zoned CB. Its prime location at a well-lit intersection in a bustling area offers excellent visibility and accessibility. The building features stunning architecture and boasts 23 convenient onsite parking spaces, a rare amenity in this location. The surrounding area is experiencing significant new development, further enhancing the property's value. Bethlehem's thriving market is characterized by a strong daytime population and high average household income. The property's proximity to major attractions like the Outlets at Wind Creek and Main Street Bethlehem (home to Musikfest, attracting over a million visitors annually) provides significant foot traffic and potential customer base. The asking price is $2,750,000, translating to $196.43 per square foot. Please note that only verified and escorted showings are permitted; do not disturb the tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,060,734

  6.5%

  $979,139

  7%

  $909,201

• Comparable approach

  Method

  Valuation

  Relative Method

  $561,668

  Geo Method

  $557,918

• Alternative Use

  Use

  Valuation

  Residential

  $1,214,133

  Hospitality

  $1,112,139

  Educational

  $925,287

  Medical

  $957,109

  Retail

  $1,439,335

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6218

Longitude

-75.3768

CBSA code

10900

CBSA name

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

Property Tax & Assessments

FAQs

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