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

    968 Hellertown Rd Bethlehem, PA 18015

    View on Map
    Sponsored
    For Sale
    $1,375,000

    SINGLE_FAMILY - Bethlehem City, PA

    Type:Retail
    Property size:
    2,589 SF
    Lot size:
    0.88 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 7 at 4:06 am

    Property Features for 968 Hellertown Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    CL
    APN
    P7 19 2B-2 0204
    Parking features
    Parking Lot, Off Street
    Size
    2,589 SF
    Lot size
    0.88 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1999

    We can help!

    Listing Contact
    Ayon A. Codner
    Ayon A. Codner

    Keller Williams Real Estate (610) 435-1800

    Listing agent Ayon A. Codner (954) 895-9439

    Listing date Mar 6, 2026

    MLS# 772761

    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

    Bethlehem Land Development Opportunity

    A land development opportunity is available in Bethlehem, PA, featuring a lot size of approximately 0.88 acres (+/- 38,333 square feet). The property is zoned CL (Limited Commercial), which allows for various uses, including multi-family dwellings, bakeries, retail spaces, dog daycare services, financial institutions with drive-throughs, personal services such as nail salons and dog grooming, and dry cleaning. A structure currently used as a restaurant, with a total area of approximately 2,589 square feet, is situated on the property. The property is located on heavily traveled Route 412 (Hellertown Road), close to Route 78, Lehigh University, Wind Creek Casino, and other attractions. The property is located in Bethlehem City, Northampton County, PA, with postal code 18015.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Puffins Café Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.341359
    Latitude
    40.601589

    Nearby Similar for Sale

    • New
      $300,000
      3,482 SF

      Mixed-Use Property with Income Potential

      Two-unit property with stable income and defined rollover.
      331 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
    • 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
    • $2,190,000
      1.31 Acres

      Commercial Office Building For Sale

      Freestanding office building with lab space and excellent access.
      2346 Jacksonville Rd, Bethlehem, PA 18017
      View Details
    • $269,000
      1,121 SF

      Versatile Brick Home with Parking

      All-brick home with parking, bonus space, and flexible usage.
      1147 Arcadia St, Bethlehem, PA 18018
      View Details
    • $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
    • $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
    • $1,500,000
      5,296 SF

      Versatile Commercial Property on 1.7 Acres

      Commercial property in high-traffic location with expansion potential.
      3839 Easton Ave, Bethlehem, PA 18020
      View Details
    • $159,000
      2,513 SF

      Established Spa Business Opportunity

      Turnkey spa business for sale with excellent reputation.
      2980 Linden St, Bethlehem, PA 18017
      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
    • $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
    • $699,000
      3,089 SF

      Bethlehem Multifamily Investment Opportunity

      Fully occupied four-unit property with garage near major employers.
      431 Cherokee St, Bethlehem, PA 18015
      View Details

    FAQs

    What type of property is this?
    Retail space - Land for sale with commercial zoning in Bethlehem, PA.
    Where is this retail space located?
    The property is located at 968 Hellertown Rd Bethlehem, PA.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - High-traffic location on Route 412 (Hellertown Road) near Route 78, Lehigh University, and Wind Creek Casino.; - Zoned CL (Limited Commercial) allowing for diverse uses such as multi-family dwellings, retail, and personal services.; - Significant land development opportunity with a lot size of approximately 38,333 square feet (0.88 acres).
    (610) 435-1800
    Request Owner's contact information
    968 Hellertown Rd Bethlehem, PA 18015
    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.
    968 Hellertown Rd
    Bethlehem, PA 18015
    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
    968 Hellertown Rd Bethlehem, PA 18015
    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
    Ayon A. Codner
    Ayon A. Codner
    Real Estate License ID: RS324477
    (610) 435-1800 (954) 895-9439
    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!