1740 Stefko BlvdBethlehem, PA 18017

Property Details for 1740 Stefko Blvd

Year built

1968

Lot size

2.46 AC

Property size (Sq ft)

16,014 SF

Zone code

CG

Property type

Retail space

APN

N7SW1C 7 1 0204

APU

N7SW1C710204

Description

This exceptional 33,500 square foot retail strip center, located at 1740-1742 Stefko Boulevard in Northampton County, presents a unique investment opportunity. Built in 1968 and extensively renovated in 2018, the single-story building sits on a 2.54-acre lot and is zoned CG. The property boasts four suites, with a total of 5,138 square feet currently vacant, offering flexible space options. Individual suites range from a minimum of 1,538 square feet to a maximum contiguous space of 5,138 square feet, allowing for customization to suit various business needs. The center enjoys a prime location with convenient access from a main parking lot, ensuring high customer visibility and accessibility. Benefit from the established presence of strong national and local tenants such as Planet Fitness, Family Dollar, and a Bank of America drive-up ATM, attracting significant foot traffic and creating a vibrant retail environment. The property's strategic location within a densely populated residential area guarantees a substantial customer base. This is an ideal opportunity for businesses seeking high visibility and convenient access within a thriving retail community. The property offers a blend of established success and significant potential for growth.

• CAP approach

  CAP return

  Valuation

  6%

  $5,847,845

  6.5%

  $5,398,010

  7%

  $5,012,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,308,263

  Geo Method

  $5,272,821

• Alternative Use

  Use

  Valuation

  Residential

  $4,553,424

  Hospitality

  $4,170,912

  Educational

  $3,470,150

  Medical

  $3,589,494

  Retail

  $5,398,010

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6361

Longitude

-75.3495

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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