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

    306 E Broad St Bethlehem, PA 18018

    View on Map
    Sponsored
    For Sale
    $445,000

    MULTI_FAMILY - Bethlehem City, PA

    Type:Apartment
    Property size:
    2,068 SF
    Lot size:
    0.07 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 27 at 3:06 pm

    Property Features for 306 E Broad St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    04CG
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    P6NE1C 18 2 0204
    Parking
    3
    Parking features
    On Street
    Size
    2,068 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    VinylSiding

    We can help!

    Listing Contact
    Akinlana Popoola

    exp Realty

    Listing agent Akinlana Popoola

    Listing date Mar 27, 2026

    MLS# 773215

    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.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Investment Property in Bethlehem

    This fully occupied mixed-use property features a street-level commercial unit and a 2-bedroom, 1-bath residential apartment on the upper floor. The property generates $39,900 in gross income and $30,926 in net income. Located in North Bethlehem, the property benefits from its proximity to local amenities and long-term rental stability. The residential unit was recently updated with new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting, and is currently leased with a tenant who moved in February 1, 2026. The commercial space is occupied by an established business. Landlord responsibilities are limited to taxes, insurance, and water/sewer/trash. Situated in a core Lehigh Valley location in North Bethlehem, the property is located on a 0.066-acre lot. The property is zoned 04CG and has a size of 2068 square feet. This asset presents an attractive opportunity for investors seeking reliable performance in a highly desirable market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lehigh Valley Business ... Computer & Electronic Repair Ralph B Herbert ... (Bike/Boat/Book/etc) Store

    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
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.370226
    Latitude
    40.621881

    Nearby Similar for Sale

    • New
      $650,000
      3,300 SF

      Historic Bethlehem City Commercial Building

      Historic mixed-use building in Bethlehem's Central Business District.
      74 W Market St, Bethlehem, PA 18018
      View Details
    • $399,900
      2,696 SF

      Bethlehem City Commercial Office Opportunity

      Professional office space in Bethlehem City, ideal for various businesses.
      115 E Broad St, Bethlehem, PA 18018
      View Details
    • $399,900
      2,696 SF

      Bethlehem Professional Office Opportunity

      Well-maintained office space suitable for various professional uses.
      115 E Broad St, Bethlehem, PA 18018
      View Details
    • New
      $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6Th St, Bethlehem, PA 18015
      View Details
    • New
      $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6Th St, Bethlehem, PA 18015
      View Details
    • New
      $265,000
      1,121 SF

      Versatile Bethlehem Commercial Property

      All-brick home with parking, bonus space, and business potential.
      1147 Arcadia St, Bethlehem, PA 18018
      View Details
    • Contact for pricing
      4,760 SF

      Bethlehem City Retail Opportunity

      Retail space in growing South Bethlehem business district.
      510 Broadway, Bethlehem, PA 18015
      View Details
    • $999,500
      2,400 SF

      Turnkey Restaurant with Liquor License

      High-traffic restaurant with equipment, inventory, liquor license, and residences.
      1769 E National Pike North, Bethlehem, PA 15360
      View Details
    • New
      $599,900
      4,082 SF

      Mixed-Use Property in Bethlehem City

      Unique mixed-use property with commercial space and residential units.
      431 W Union Blvd, Bethlehem, PA 18018
      View Details
    • New
      $875,000
      5,100 SF

      Bethlehem City Multifamily Investment Opportunity

      Solid 6-unit brick investment property with strong rental history.
      735 Laufer St, Bethlehem, PA 18015
      View Details
    • New
      Contact for pricing
      2,008 SF

      Versatile Commercial Space in Bethlehem

      Move-in-ready commercial space suitable for various professional uses.
      630 W Broad St, Bethlehem, PA 18018
      View Details
    • $999,900
      6,228 SF

      Versatile Bethlehem Property with Development Potential

      Multi-level property with flexible zoning and approved variance for development.
      1512 W Broad St, Bethlehem, PA 18018
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully occupied mixed-use property with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 306 E Broad St Bethlehem, PA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: - Fully occupied, generating $39,900 gross and $30,926 net income.; - Prime North Bethlehem location with strong tenant demand and rental stability.; - Mixed-use property with a long-term commercial tenant and a recently updated residential unit.
    (412) 925-5551
    Request Owner's contact information
    306 E Broad St Bethlehem, PA 18018
    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.
    306 E Broad St
    Bethlehem, PA 18018
    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
    306 E Broad St Bethlehem, PA 18018
    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

    We can help!
    Listing Contact
    Akinlana Popoola
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!