115 E Broad Street Bethlehem, PA 18018
COMMERCIAL - Bethlehem City, PA
Property Features for 115 E Broad Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 04CG
- Parking features
- Off Street, Parking Lot, On Street
- Standard status
- Active
- APN
- P6NE1C 8 4 0204
- Size
- 2,696 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4325
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1902
- Number of units
- 1
- Building materials
- Brick, Stucco
Listing agent Jim Christman (570) 421-2890
Listing office Keller Williams Real Estate 362 Delaware Avenue, Palmerton, PA (610) 826-8100
Listing date Mar 18, 2026
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Bethlehem City along a well-traveled corridor with convenient access to Route 22, Route 378, and Route 191, which connect to the broader Lehigh Valley area. Parking is supported by a recorded shared parking agreement that provides access to a common rear parking area, with designated spaces plus additional shared parking for owners, guests, and clients. The agreement also outlines long-term access rights and shared maintenance responsibilities.
For tenants or buyers seeking an established downtown office configuration, the mix of private offices, reception, and conference space supports client-facing operations. The kitchenette and multi-level layout provide practical workflow options for teams that need both individual offices and areas for meetings and consultations.
Key Highlights
- Built in 1902 with brick and stucco construction and high‑ceiling office character
- Central air cooling and oil heating; new 2025 forced air furnace
- Professional office layout with multiple private offices, reception area, and conference room space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.5k | $10.56 |
| − Vacancy | −$2.2k | −$0.82 |
| EGI | $26.2k | $9.74 |
| − OpEx | −$6.6k | −$2.43 |
| NOI | $19.7k | $7.30 |
