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Mixed-Use Property with Apartment
For Sale
$389,000

1000 Ferry Street, Easton, PA 18042

CommercialSale, Easton, PA

Property Size2,322 SF
Lot Size0.07 Acres
Price / SF$167.53
Days on Market51

Property Features for 1000 Ferry Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning R-md
Parking 2
Parking features Garage
Directions FROM ROUTE 22 TAKE EXIT TOWARD 13TH ST MERGE ONTO WOOD AVE. TURN RIGHT ONTO 10TH ST AND TURN RIGHT ON FERRY ST
Subdivision Easton
Standard status Active
APN L9SE1D9110310
Size 2,322 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 3238

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Water source Public

Building Details

Year built 1920
Listing Agency: BetterHomes&GardensRE/Cassidon
Listed By: Marta C. Gandia
Added: Aug 27 Changed: Sep 29 Last Checked: Oct 16 at 6:06PM
MLS# 783535

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.

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Investment Insights

Based on property information with market context.

Built in 1920, this 2,322-square-foot mixed-use property combines a first-floor commercial storefront with a second-floor three-bedroom apartment. Both units are occupied, and each has separately metered utilities. The property sits on a 0.067-acre lot and includes a garage, public water, and public sewer service.

Located near Downtown Easton, the property carries R-md zoning and is offered as-is. The sale includes the real estate only; the operating business is excluded. The two-level configuration provides separate commercial and residential components within one compact building.

Key Highlights

  • First‑floor commercial storefront paired with a second‑floor 3‑bedroom apartment
  • Both units are currently occupied
  • 2,322 square feet on a 0.067‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,510
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,200 $470.2K
Cap Rate 7%
$335,857 $335.9K
Cap Rate 9%
$261,222 $261.2K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$41.8K $18.00/SF
− Vacancy
−$4.2K −$1.80/SF
EGI
$37.6K $16.20/SF
− OpEx
−$14.1K −$6.07/SF
NOI
$23.5K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,200
Cap Rate 7%
$335,857
Cap Rate 9%
$261,222

Alternative Uses

Best Use
Mixed Use
$335.9K
$293.9K – $391.8K (±1% cap)
NOI $23,510 @ 7.0% cap · market cap 6.04%
Second Best
Retail
$256.9K
$224.8K – $299.7K (±1% cap)
NOI $17,983 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$440.4K
$385.4K – $513.8K (±1% cap)
NOI $30,829 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

reyjai grocery Grocery & Convenience Store El Colmado Juan ... Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,228
Businesses Nearby

Demographics for 18042, PA

44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Occupied storefront and three-bedroom apartment offer two distinct income-producing components with separately metered utilities.
Where is this mixed-use property located?
The property is located at 1000 Ferry Street Easton, PA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: First‑floor commercial storefront paired with a second‑floor 3‑bedroom apartment; Both units are currently occupied; 2,322 square feet on a 0.067‑acre lot
More about this property
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