100 3Rd StEaston, PA 18042

  • Retail properties
  • 33,336 SF
For Lease
$162/SF/YR View listing

Property Details for 100 3Rd St

Year built
1970
Lot size
0.49 AC
Property size (Sq ft)
33,336 SF
Zone code
BGO
Property type
Retail properties
Property subtype
Banks
APN
L9NE3D 13 17 0310
APU
L9NE3D13170310

Description

This exceptional five-story, 33,336-square-foot office building, constructed in 1970, presents a unique investment opportunity in Easton, Pennsylvania. Located at 100 N 3rd Street, this Class C property boasts a prominent position at a well-lit intersection, enjoying high visibility with approximately 7,200 vehicles passing daily. The building features five suites, ideal for multiple tenants, and offers convenient access to Routes 22 and 611. Situated just two blocks from Easton Centre Square, this location benefits from a dense residential area with planned residential development nearby, ensuring a strong tenant base and future growth potential. The property includes an off-street parking lot to supplement metered on-street parking. Nearby amenities and local businesses are within walking distance. The building is zoned DD-Downtown District and features elevators for convenient access to all five floors. This Northampton County property (APN: L9NE3D 13 17 0310) is perfect for executive, medical, or professional office uses. The building's strategic location and ample space make it an attractive option for businesses seeking a thriving and accessible location in Easton.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,173,333
    6.5%
    $11,236,923
    7%
    $10,434,286
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,050,098
    Geo Method
    $10,976,318
  • Alternative Use

    Use
    Valuation
    Residential
    $9,478,765
    Hospitality
    $8,682,498
    Educational
    $7,223,736
    Medical
    $7,472,172
    Retail
    $11,236,923
100 3Rd St, Easton, Pennsylvania

Location Insight

City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.6934
Longitude
-75.2098
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
$50,573
$92,800
$394,700
$487,500
-
$185,600
$789,400
$975,000

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