Building Details

Building Size 4,130 SF

Year Built 1900

Buildings 1

Stories 2

Listing Agency: I-Do Real Estate

Listed By: Mario Peralta Show Phone

Source: Bhhspaulfordrealtors

Added: Aug 23 Changed: Oct 3 Last Checked: Oct 13 at 1:17AM

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Investment Insights

Based on property information with market context.

Built in 1900 and renovated, this two-story mixed-use commercial building combines historic materials with specialized hospitality improvements. Interior features include stone walls, hardwood floors, custom bar areas, and a commercial kitchen. An upper-level deck adds outdoor space for seating and entertainment.

The property is located at 1028 Broadway in Fountain Hill Boro, Pennsylvania. Its existing configuration may accommodate a restaurant, upscale lounge, event venue, banquet hall, or another creative commercial concept, subject to zoning and municipal approval.

Key Highlights

• Renovated two‑story commercial building built in 1900
• Commercial kitchen with custom bar areas
• Upper‑level deck for outdoor seating and entertainment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$42,838

Cap Rate

3.17%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$856,760 $856.8K

Cap Rate 7%

$611,971 $612.0K

Cap Rate 9%

$475,978 $476.0K

Market Conditions

NOI Build-Up for 4,130 SF

Gross rent

$62.0K $15.00/SF

− Vacancy

−$4.8K −$1.17/SF

EGI

$57.1K $13.83/SF

− OpEx

−$14.3K −$3.46/SF

NOI

$42.8K $10.37/SF

Area

Northampton County, PA

Vacancy

7.80%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$856,760

Cap Rate 7%

$611,971

Cap Rate 9%

$475,978

Alternative Uses

Best Use

Specialty Retail

$612.0K

$535.5K – $714.0K (±1% cap)

NOI $42,838 @ 7.0% cap · market cap 3.17%

Second Best

Mixed Use

$597.4K

$522.7K – $696.9K (±1% cap)

NOI $41,816 @ 7.0% cap · market cap 3.10%

Theoretical Best

Office A

$783.3K

$685.4K – $913.9K (±1% cap)

NOI $54,833 @ 7.0% cap · market cap 4.06%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Gametime Sports Bar ... Bar & Pub

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Accounting Firm Catering Service Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

1,579

Businesses Nearby

33k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 72% Shops & Services 28%

McDonald's Dining

23,780 visits/mo 0.5 miles

TD Bank Shops & Services

6,181 visits/mo 0.4 miles

AutoZone Shops & Services

2,935 visits/mo 0.4 miles

Demographics for 18015, PA

33,286

Population

12,867

Households

2.6

Avg Household Size

32

Median Age

31%

College-Educated

87%

High-School Grad

23.2 sq mi

ZIP Area

1,435

Density / Sq Mi

$58,470

Median Household Income

$32,703

Median Earnings

$1,310

Median Rent

$243,100

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Includes a commercial kitchen, bar areas, and an upper-level deck.

Where is this mixed-use property located?

The property is located at 1028 Broadway Bethlehem, PA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Renovated two‑story commercial building built in 1900; Commercial kitchen with custom bar areas; Upper‑level deck for outdoor seating and entertainment