840 Walnut StCatasauqua, PA 18032

  • Healthcare properties
  • 4,382 SF
For Lease
$9/SF/YR View listing

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
840 Walnut St, Catasauqua, Pennsylvania

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

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
$15,102
$112,400
$269,100
$381,500
-
$112,400
$269,100
$381,500

FAQs

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