840 Walnut StCatasauqua, PA 18032
- Healthcare properties
- 4,382 SF
Property Details for 840 Walnut St
- Year built
- 1955
- Lot size
- 0.69 AC
- Property size (Sq ft)
- 4,382 SF
- Zone code
- R1
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 640921050875-1
- APU
- 6409210508751
Description
This exceptional 4,000-square-foot Class A office building presents a unique investment opportunity. Ideally suited for a variety of professional uses, including medical practices, financial services, or insurance agencies, this single-tenant property boasts a pristine, move-in ready condition. The layout includes five offices, four exam rooms (two modified), all equipped with sinks, plus two storage rooms, a reception area, waiting room, billing/staff area, a full kitchen, and a spacious sunroom perfect for conferences. Three ADA-compliant bathrooms are conveniently located on the main level. A partial basement offers additional storage. The building's design allows for flexible occupancy, with two distinct leasable sections, each featuring separate entrances, lobbies, and utilities. This allows for potential multi-tenant occupancy. Enjoy a tranquil setting, nestled within Catasauqua Borough parkland, offering stunning views of greenery and a peaceful brook. The property's one-acre lot ensures privacy and no future development concerns. Its convenient location provides easy access to schools, recreational facilities, the YMCA, Lehigh Valley cities, and ABE International Airport. The building features ample parking. The professional medical-grade ambiance creates a healing and welcoming environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,088,557
- 6.5%
- $1,004,822
- 7%
- $933,049
-
Comparable approach
- Method
- Valuation
- Relative Method
- $576,401
- Geo Method
- $572,552
-
Alternative Use
- Use
- Valuation
- Residential
- $1,245,979
- Hospitality
- $1,141,310
- Educational
- $949,556
- Medical
- $982,213
- Retail
- $1,477,088
Location Insight
- City
- Catasauqua
- County
- Lehigh
- State
- Pennsylvania
- Latitude
- 40.6603
- Longitude
- -75.4664
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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