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Mixed-Use Restaurant and Residence

127 S Broad Street Nazareth, PA 18064

127 S Broad Street, Nazareth, PA, 18064
$750,000
For Sale
Claim this Listing
$750,000

COMMERCIAL - Nazareth Boro, PA

Property Size6,300 SF
Lot Size0.28 Acres
Price / SF$119.05
AddedJul 1
Days on Market14
Last RefreshJul 14 at 6:06 pm

Property Features for 127 S Broad Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
21R5
Parking
20
Parking features
Parking Lot, Off Street, On Street
Security features
Security
Standard status
Active
APN
J7SE3A 11 8 0421
Size
6,300 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Annual Amount
7684

Utilities

Sewer type
Public Sewer
Heating system
Oil, Natural Gas, Electric (Heating)
Cooling system
Ductless, Central Air, Ceiling Fan(s), Wall Unit(s)
Water source
Public

Building Details

Year built
1890
Flooring type
Concrete, Wood
Building materials
Brick, Frame, Masonry, Stone

Listing agent Kelly L. Houston License #405412

Listing office Keller Williams Northampton 2901 Emrick Blvd., Ste 100, Bethlehem, PA

Listing date Jul 1, 2026

MLS# 779966

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.

This fully renovated multi-unit commercial property includes a restaurant space on the first floor and a 3-bedroom apartment on the upper level. The restaurant offering features an equipped commercial kitchen and walk-in freezer, along with hood systems and some bar/kitchen equipment included.

The building offers 20+ paved parking spots. The property is located on South Broad Street in Nazareth Boro, Pennsylvania.

With both commercial and residential components in one renovated structure, the layout is designed for a mixed-use setup that supports day-to-day operation on the ground floor and dedicated living space upstairs.

Key Highlights

  • Multi‑use commercial building with restaurant‑equipped first floor and an updated 3‑bedroom apartment upstairs
  • Fully renovated building with 1890 construction; exterior includes brick, frame, masonry, and stone construction materials
  • First‑floor restaurant includes a commercial kitchen, walk‑in freezer, hood systems, and some bar/kitchen equipment included

Local Financial Insights For Specialty Retail

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 $94.5k $15.00
− Vacancy −$7.4k −$1.17
EGI $87.1k $13.83
− OpEx −$21.8k −$3.46
NOI $65.3k $10.37
6,300 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$933.5K
$816.8K – $1.09M (±1% cap)
NOI $65,347 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$547.7K
$479.2K – $639.0K (±1% cap)
NOI $38,337 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M (±1% cap)
NOI $83,644 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rios Brazilian Steakhouse Restaurant

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop Grocery & Convenience Store Storage Facility Grocery & Convenience Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Fully renovated multi-unit property with an equipped restaurant kitchen and an updated 3-bedroom apartment above.
Where is this conventional restaurant located?
The property is located at 127 S Broad Street Nazareth, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Multi‑use commercial building with restaurant‑equipped first floor and an updated 3‑bedroom apartment upstairs; Fully renovated building with 1890 construction; exterior includes brick, frame, masonry, and stone construction materials; First‑floor restaurant includes a commercial kitchen, walk‑in freezer, hood systems, and some bar/kitchen equipment included
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