Multi-Level Professional Office
115 E Broad Street, Bethlehem, PA 18018
COMMERCIAL - Bethlehem, PA
Property size:
2,696 SFLot size:
0.06 AcresPrice / SF:
$139/SF- Added:
- Mar 18, 2026
- Days on Market:
- 102
- Last Refresh:
- Jun 27 at 7:06 pm
Property Features for 115 E Broad Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Unfinished, Partial
- Standard status
- Active
- APN
- 4762-04-8577-2789
- Size
- 2,696 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Block: 8 /Lot: 4 /School District: 02-Bethlehem Area
- Tax Annual Amount
- 4325
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Flooring type
- Hardwood, Carpet, Laminate
- Building materials
- Brick, Stucco
Listing agent James A Christman (570) 421-2890
Listing office Keller Williams Real Estate - Palmerton 362 Delaware Ave, Stroudsburg, PA (610) 826-8100
Listing date Mar 18, 2026
MLS# PM-139583
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the heart of Bethlehem with high visibility and easy access to major routes.
- Functional layout with multiple private offices, reception area, conference room, and kitchenette.
- Recorded shared parking agreement provides designated and shared parking spaces.
- New 2025 forced air furnace for added value and efficiency.
- Blend of classic character (high ceilings, detailed trim) and practical updates with a clean, professional finish.
- Flexible workspace configuration across multiple levels, supporting both private and collaborative environments.
Overview
115 E Broad Street is a well-maintained, multi-level professional office property in downtown Bethlehem. The interior is arranged with multiple private offices, a welcoming reception area, conference room space, and a functional kitchenette. The space combines classic character elements with practical updates, including high ceilings and detailed trim work, with a clean, professional finish throughout. A 2025 forced air furnace has been added for improved heating efficiency going forward. The layout supports both private work and client-facing collaboration across multiple levels.
The property is located along a well-traveled corridor in Bethlehem and offers convenient access to major routes, including Route 22, Route 378, and Route 191. A recorded shared parking agreement provides access to a common rear parking area with designated parking and additional shared spaces for owners, guests, and clients, along with long-term access rights and shared maintenance responsibilities.
This offering is well-suited for professional service tenants and buyers seeking office space configured for client interactions and private work. The sale includes real estate only, and the current law office tenant lease is scheduled to conclude at settlement, with the business not included in the transaction.
The property is located along a well-traveled corridor in Bethlehem and offers convenient access to major routes, including Route 22, Route 378, and Route 191. A recorded shared parking agreement provides access to a common rear parking area with designated parking and additional shared spaces for owners, guests, and clients, along with long-term access rights and shared maintenance responsibilities.
This offering is well-suited for professional service tenants and buyers seeking office space configured for client interactions and private work. The sale includes real estate only, and the current law office tenant lease is scheduled to conclude at settlement, with the business not included in the transaction.
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 |
2,696 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$281.2K
$246.1K – $328.1K
NOI $19,687 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$396.5K
$346.9K – $462.5K
NOI $27,752 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
ARM Lawyers
Law Firm
Best Tax Solutions
Law Firm
Jason R. Costanzo, ...
Law Firm
Peterson Carol DC
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.374717
- Latitude
- 40.6224
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-appointed multi-level office space with private offices, reception, and conference room, plus a kitchenette for day-to-day operations.
Where is this office units located?
The property is located at 115 E Broad Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime location in the heart of Bethlehem with high visibility and easy access to major routes.; Functional layout with multiple private offices, reception area, conference room, and kitchenette.; Recorded shared parking agreement provides designated and shared parking spaces.
