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Three-Level Medical Office Building

5250 Freemansburg Avenue Easton, PA 18045

5250 Freemansburg Avenue, Easton, PA, 18045
$2,333,375
For Sale
Claim this Listing
$2,333,375

SINGLE_FAMILY - Bethlehem Twp, PA

Property Size13,905 SF
Lot Size1.34 Acres
Price / SF$167.81
AddedApr 2
Days on Market104
Last RefreshJul 14 at 6:06 pm

Property Features for 5250 Freemansburg Avenue

General Information

Property type
Residential
Property subtype
Office
Zoning
MDR
Parking
31
Parking features
Parking Lot
Standard status
Active
APN
N7 14 7B-2 0205
Size
13,905 SF
Lot size
1.34 Acres

Taxes and HOA fees

Tax Annual Amount
35113

Utilities

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

Building Details

Year built
2015

Listing agent Ryan B. McGeehan License #AB068951

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

Listing date Apr 2, 2026

MLS# 774317

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 three-level medical office building was constructed in 2015 and includes a ground-floor dental practice along with vacant lower and second levels. The second floor is offered in shell condition with approximately 4,400 square feet available. The lower level is vacant and includes a separate entrance, offering a workable layout for a range of professional or service-oriented uses.

The property is located on a corner at Freemansburg Avenue and Farmersville Road in Bethlehem Township. A traffic light has been proposed at this intersection, though exact construction dates are not yet known. The site includes 31 parking spaces and sits on approximately 1.34 acres, with elevator access noted for the building.

For an owner-occupant, the arrangement supports combining an operating ground-floor dental tenant with additional space that can be finished or repurposed. For investors, the property provides a long-term dental lease in place on the ground floor while keeping the lower level and second floor available for future occupancy or alternative uses. The property is zoned MDR.

Key Highlights

  • 13,977 SF, 1.34‑acre three‑level building built in 2015 at the corner of Freemansburg Ave and Farmersville Rd (Bethlehem Township)
  • Long‑term dental lease in place on the ground floor; lower level is vacant and second floor is in shell condition
  • Second floor offers +/-4,400 SF shell 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 $208.6k $15.00
− Vacancy −$16.3k −$1.17
EGI $192.3k $13.83
− OpEx −$48.1k −$3.46
NOI $144.2k $10.37
13,905 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.06M
$1.80M – $2.40M (±1% cap)
NOI $144,230 @ 7.0% cap · market cap 6.18%
Second Best
Healthcare Medical
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,538 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $184,614 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Wolfe Dental Spa Dental Office

Suggested Use

Real Estate Agency Hair Salon Law Firm Auto Repair Shop Restaurant Spa & Massage Center Building Supply Nail Salon HVAC Service Parking Lot & Garage

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

FAQs

What type of property is this?
Medical Office Space - Three-level building with ground-floor dental tenancy and vacant lower and second floors for flexible use.
Where is this medical office space located?
The property is located at 5250 Freemansburg Avenue Easton, PA.
What is the asking price?
The asking price for this property is $2,333,375.
What are key features of this property?
This property features: 13,977 SF, 1.34‑acre three‑level building built in 2015 at the corner of Freemansburg Ave and Farmersville Rd (Bethlehem Township); Long‑term dental lease in place on the ground floor; lower level is vacant and second floor is in shell condition; Second floor offers +/-4,400 SF shell space
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