394 Berwick StEaston, PA 18042

Property Details for 394 Berwick St

Year built

1955

Lot size

0.04 AC

Property size (Sq ft)

2,694 SF

Zone code

RMD

Property type

Retail properties

Property subtype

Banks

APN

L9SE3D 25 20 0310

APU

L9SE3D25200310

Description

This exceptional 2,694-square-foot retail property in Easton, Pennsylvania, presents a unique investment opportunity. Located at 394 W Berwick St, this single-story building, constructed in 1955, offers a versatile space previously used as a bank branch, complete with a drive-thru. The property sits on a 0.04-acre lot and includes 12 parking spaces, providing ample convenience for customers. Currently vacant, the building is zoned R-MD, allowing for a variety of uses, including but not limited to a convenience store (variance already in place), coffee shop, business services, or medical services. The property benefits from its location within the Street Corridor Overlay District and enjoys proximity to a 55-unit apartment complex (built 2022), a Dollar General, and the Easton Yards Apartment building, all within one block. The annual property taxes are $3.35 per square foot. This location offers excellent visibility and accessibility within a thriving commercial environment in Easton, a vibrant town along the Delaware River known for its historic charm and strong sense of community. The property's combination of existing infrastructure, convenient location, and flexible zoning makes it an ideal canvas for a variety of commercial ventures. The Northampton County APN is L9SE3D 25 20 0310. The zip code is 18042.

• CAP approach

  CAP return

  Valuation

  6%

  $983,770

  6.5%

  $908,096

  7%

  $843,232

• Comparable approach

  Method

  Valuation

  Relative Method

  $892,997

  Geo Method

  $887,035

• Alternative Use

  Use

  Valuation

  Residential

  $766,012

  Hospitality

  $701,663

  Educational

  $583,776

  Medical

  $603,853

  Retail

  $908,096

Location Insight

City

Easton

County

Northampton

State

Pennsylvania

Latitude

40.6787

Longitude

-75.215

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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