1740 Stefko BlvdBethlehem, PA 18017
- Retail properties
- 16,014 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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