840 Walnut StCatasauqua, PA 18032

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

Medical offices

Property subtype

Medical centers

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.

• 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

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