522 Delaware AveBethlehem, PA 18015

  • Healthcare properties
  • 4,712 SF
For Sale

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
522 Delaware Ave, Bethlehem, Pennsylvania

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

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
$19,602
$50,700
$565,700
$616,400
-
$50,700
$565,700
$616,400

FAQs

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