4186 Easton AveBethlehem, PA 18020
- Retail properties
- 6,840 SF
Property Details for 4186 Easton Ave
- Year built
- 1878
- Lot size
- 3.10 AC
- Property size (Sq ft)
- 6,840 SF
- Zone code
- NC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- M7SE2 1 37 0205
- APU
- M7SE21370205
Description
This exceptional 3.1-acre commercial development site in Bethlehem, Pennsylvania, presents a unique redevelopment opportunity. Located at 4186 Easton Ave, in Northampton County (zip code 18020), the property is zoned NC (Neighborhood Commercial) and offers significant potential. The site includes three existing structures totaling approximately 14,010 square feet. The main structure is a two-story post and beam barn, approximately 7,000 square feet, with a history as a successful retail location in the Lehigh Valley. Two additional barns provide approximately 2,800 square feet of storage space. The asking price is $2,650,000, translating to $189.15 per square foot. Its convenient location offers easy access to major transportation arteries, including Route 33 and I-78, making it highly attractive for a variety of commercial ventures. This property represents a rare chance to acquire a substantial parcel in a thriving area with excellent visibility and accessibility. The existing structures offer immediate income potential or the possibility of adaptive reuse, while the ample land allows for significant expansion or new construction.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,497,768
- 6.5%
- $2,305,632
- 7%
- $2,140,944
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,267,299
- Geo Method
- $2,252,160
-
Alternative Use
- Use
- Valuation
- Residential
- $1,944,887
- Hospitality
- $1,781,506
- Educational
- $1,482,192
- Medical
- $1,533,167
- Retail
- $2,305,632
Location Insight
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Latitude
- 40.6649
- Longitude
- -75.3147
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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