822 Nazareth PikeNazareth, PA 18064
- Retail properties
- 3,800 SF
Property Details for 822 Nazareth Pike
- Year built
- 1959
- Lot size
- 3.44 AC
- Property size (Sq ft)
- 3,800 SF
- Zone code
- I
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- K7 18 6C 0418
- APU
- K7186C0418
Description
This exceptional retail opportunity presents 3,000 square feet of leasable space within a vibrant 16,850-square-foot shopping center located in Nazareth, Pennsylvania. Built in 1959, this single-story building is situated on heavily trafficked Route 191, providing excellent visibility and accessibility. The property's convenient location offers easy access to major roadways including Routes 33, 22, and 248, ensuring high traffic volume and customer reach. The available space features a flexible open floor plan, ideal for a variety of retail uses, and includes two ADA-compliant restrooms and ample storage. The shopping center boasts a strong tenant mix, including Enterprise Rental Car, Happy Nail, New Kim Spa, Good Guys Vape, and Nazareth Pizza, creating a thriving commercial environment. The property is zoned I, offering flexibility for various retail businesses. This is an excellent opportunity to establish or expand your business in a prime Nazareth location. The total building size is 16,850 square feet, with 3,000 square feet currently available for lease. The property's parcel number is K7 18 6C 0418. Contact us today to learn more about this exciting opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,387,649
- 6.5%
- $1,280,907
- 7%
- $1,189,413
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,259,610
- Geo Method
- $1,251,200
-
Alternative Use
- Use
- Valuation
- Residential
- $1,080,493
- Hospitality
- $989,726
- Educational
- $823,440
- Medical
- $851,759
- Retail
- $1,280,907
Location Insight
- City
- Nazareth
- County
- Northampton
- State
- Pennsylvania
- Latitude
- 40.7295
- Longitude
- -75.3135
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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