1740 Stefko BlvdBethlehem, PA 18017

  • Retail properties
  • 16,014 SF
For Lease
$20/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1740 Stefko Blvd, Bethlehem, Pennsylvania

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

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
$42,622
$214,000
$268,200
$482,200
-
$428,000
$536,400
$964,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].