522 Delaware AveBethlehem, PA 18015

Property Details for 522 Delaware Ave

Year built

1963

Lot size

0.39 AC

Property size (Sq ft)

4,712 SF

Zone code

RO

Property type

Medical offices

Property subtype

Medical centers

APN

642733765742-1

APU

6427337657421

Description

This exceptional office space, measuring approximately 169 square feet (13' x 13'), is available for lease within a prestigious medical building in Bethlehem, Pennsylvania. The building boasts a highly desirable location, offering convenient access to essential amenities and services. Situated just one block from St. Luke's Fountain Hill, this property provides unparalleled convenience for healthcare professionals and related businesses. Its proximity to Lehigh University also makes it an attractive option for organizations with ties to the academic community. The property includes the benefit of off-street parking, a significant advantage in a bustling urban setting. This single office space presents a unique opportunity for a small business or individual practitioner seeking a professional and well-situated workspace. The 0.39-acre lot ensures ample space for parking and potential future expansion. The address is 522 Delaware Avenue, Unit OFFICE #, Bethlehem, PA. The lease terms are negotiable and the asking price is to be determined. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to secure a highly desirable office space in a prime Bethlehem location. The building's excellent reputation and convenient location make this an ideal choice for businesses seeking a professional and accessible environment. Contact us today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,170,534

  6.5%

  $1,080,493

  7%

  $1,003,315

• Comparable approach

  Method

  Valuation

  Relative Method

  $619,808

  Geo Method

  $615,670

• Alternative Use

  Use

  Valuation

  Residential

  $1,339,811

  Hospitality

  $1,227,260

  Educational

  $1,021,066

  Medical

  $1,056,182

  Retail

  $1,588,324

Location Insight

City

Fountain Hill

County

Lehigh

State

Pennsylvania

Latitude

40.6096

Longitude

-75.3896

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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