Multi-Level Office
For Sale
$375,000
115 E Broad Street, Bethlehem, PA 18018
Commercial Sale, Bethlehem, PA
Property Size2,696 SF
Lot Size0.06 Acres
Price / SF$139.09
Days on Market234
Property Features for 115 E Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Basement
Unfinished, Partial
Subdivision
Bethlehem City
Standard status
Active
APN
4762-04-8577-2789
Size
2,696 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Description
Block: 8 /Lot: 4 /School District: 02-Bethlehem Area
Tax Annual Amount
4325
Legal Description
Block: 8 /Lot: 4 /School District: 02-Bethlehem Area
Utilities
Sewer type
Public Sewer
Heating system
Oil, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private offices
reception area
conference room
kitchenette
high ceilings
detailed trim work
Building Details
Year built
1902
Floors in Building
3
Flooring type
Hardwood, Carpet, Laminate
Building materials
Brick, Stucco
Buildings
1
Listing Agency:
Keller Williams Real Estate - Palmerton · Keller Williams Realty
(610) 826-8100
Listed By:
James A Christman
(570) 421-2890
Added: Mar 18
Changed: Oct 24
Last Checked: Nov 6 at 12:06PM
MLS# PM-139583
Copyright © 2026 Pocono Mountains Association of 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.
This 2,696-square-foot office property occupies multiple levels and provides a practical mix of private offices, reception space, a conference room, and a kitchenette. High ceilings, detailed trim, hardwood, laminate, and carpet flooring combine with a professional interior finish. The building includes central air and a new 2025 forced air furnace, with public water and public sewer service. Brick and stucco construction dates to 1902.
The property is positioned along a traveled corridor with access to Route 22, Route 378, and Route 191. A recorded shared parking agreement provides designated spaces, additional common parking, long-term access rights, and shared maintenance responsibilities. The sale includes the real estate only; the current law office lease concludes at settlement, and the business is excluded. The 0.06-acre parcel is located in Bethlehem, Pennsylvania.
The property is positioned along a traveled corridor with access to Route 22, Route 378, and Route 191. A recorded shared parking agreement provides designated spaces, additional common parking, long-term access rights, and shared maintenance responsibilities. The sale includes the real estate only; the current law office lease concludes at settlement, and the business is excluded. The 0.06-acre parcel is located in Bethlehem, Pennsylvania.
Key Highlights
- 2,696‑square‑foot multi‑level office property on a 0.06‑acre parcel
- Multiple private offices plus reception, conference room, and kitchenette
- New 2025 forced air furnace with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,687
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,740
$393.7K
Cap Rate 7%
$281,243
$281.2K
Cap Rate 9%
$218,744
$218.7K
Market Conditions
NOI Build-Up for 2,696 SF
Gross rent
$28.5K $10.56/SF
− Vacancy
−$2.2K −$0.82/SF
EGI
$26.2K $9.74/SF
− OpEx
−$6.6K −$2.43/SF
NOI
$19.7K $7.30/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,740
Cap Rate 7%
$281,243
Cap Rate 9%
$218,744
Alternative Uses
Best Use
Office B
$281.2K
$246.1K – $328.1K
NOI $19,687 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$396.5K
$346.9K – $462.5K
NOI $27,752 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,038
Businesses Nearby
Explore this area
Business Placement
Demographics for 18018, PA
32,388
Population
14,669
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,228
Density / Sq Mi
$71,968
Median Household Income
$43,471
Median Earnings
$1,261
Median Rent
$224,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Lehigh County, PA
Properties on Market for Office Units in Lehigh County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace with private offices, reception, conference space, and shared parking access in a downtown setting.
Where is this office unit located?
The property is located at 115 E Broad Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,696‑square‑foot multi‑level office property on a 0.06‑acre parcel; Multiple private offices plus reception, conference room, and kitchenette; New 2025 forced air furnace with central air conditioning
