Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    239 N 1st Street unit B Lehighton, PA 18235

    View on Map
    For Lease
    $14 SF/Yr

    COMMERCIAL - Lehighton Boro, PA

    Type:Retail
    Added:
    Jul 25, 2025
    Days on Market:
    251
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 239 N 1st Street unit B

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking
    75
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    70A10-30-S9,10

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1967
    Building materials
    Masonry

    We can help!

    Listing Contact
    James J. Balliet
    James J. Balliet

    Listing agent James J. Balliet License #PA RS227612L

    Listing office Keller Williams Allentown 1605 N.CedarCrestBlvd, Ste309, Allentown, PA

    Listing date Jul 25, 2025

    MLS# 761771

    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.

    Overview

    Retail Space in Downtown Lehighton

    Located in downtown Lehighton, Pennsylvania, this retail space is positioned within a densely populated residential area. The property is zoned commercial and suitable for various businesses, including a grocery market, dollar store, or automotive parts store. The property features a parking lot with 75 spaces. The property consists of two suites that can be combined to create a single space of 20,416 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehighton
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.707985
    Latitude
    40.830452

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Commercial Space on Highway

      1500 sq ft unit ideal for retail or office.
      450 Interchange Road unit: 103, Franklin Twp, PA 18235
      View Details
    • $18/mo

      Professional/Medical Office Suites Available

      Professional and medical office suites for lease in Mahoning Twp.
      771 Blakeslee Blvd Drive E unit: A-1, Mahoning Twp, PA 18235
      View Details
    • $18/mo

      Professional/Medical Office Suites Available

      Professional and medical office suites for lease in Mahoning Twp.
      771 Blakeslee Blvd Drive E unit: A-2, Mahoning Twp, PA 18235
      View Details
    • Contact for pricing

      Lehighton Commercial Space For Lease

      1500 SF first-floor unit suitable for retail or office.
      450 Interchange Road unit: 103, Lehighton, PA 18235
      View Details
    • $12/mo

      Retail Space in Downtown Lehighton

      Former Rite Aid retail space available for lease in Lehighton.
      241 N 1st Street unit: A, Lehighton Boro, PA 18235
      View Details
    • $12/mo

      Retail Space Near Routes

      Retail space available near Routes 209 and 248 intersection.
      205 Interchange Rd, Lehighton, PA
      View Details
    • Contact for pricing

      Retail Space in Lehighton CBD

      New vanilla shell retail space in a growing downtown area.
      128 S First Street, Lehighton Boro, PA 18235
      View Details
    • Contact for pricing

      Retail Space in Lehighton CBD

      New vanilla shell retail space in growing downtown Lehighton.
      128 S 1St Street, Lehighton, PA 18235
      View Details
    • $15/mo

      Professional/Medical Office Suites Available

      Professional and medical office suites for lease in Mahoning Twp.
      771 Blakeslee Blvd Drive E unit: A, Mahoning Twp, PA 18235
      View Details
    • Contact for pricing

      Professional/Medical Office Suites Available

      Professional and medical office suites for lease in Lehighton.
      771 Blakeslee Blvd Dr E, Lehighton, PA 18235
      View Details
    • Contact for pricing

      Grocery-Anchored Retail and Office Space

      210,314 SF retail and office space for lease.
      1241 Blakeslee Blvd Dr E, Lehighton, PA 18235
      View Details
    • Contact for pricing

      New Retail/Office Spaces Available

      Mixed-use project with retail and office spaces for lease.
      127 Blakeslee Boulevard, Lehighton, PA 18235
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail space in downtown Lehighton, surrounded by residential areas.
    Where is this retail property located?
    The property is located at 239 N 1st Street unit B Lehighton, PA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Lehighton location surrounded by residential areas.; Suites can be combined for a total of 20,416 SF of commercial space.; Ample parking with a 75‑space parking lot.
    (610) 435-1800
    We can help!
    Listing Contact
    James J. Balliet
    James J. Balliet
    Real Estate License ID: PA RS227612L
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!