4186 Easton AveBethlehem, PA 18020

  • Retail properties
  • 6,840 SF
For Sale
$2,650,000 View listing

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
4186 Easton Ave, Bethlehem, Pennsylvania

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

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
$19,477
$135,000
$118,800
$253,800
-
$270,000
$237,600
$507,600

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