Multi-Level Office
For Sale
$375,000
115 E Broad Street, Bethlehem, PA 18018
CommercialSale, Bethlehem City, 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
04CG
Parking features
On Street, Parking Lot, Off Street
Elementary school district
Bethlehem
Middle school district
Bethlehem
High school district
Bethlehem
Directions
From Route 22. Take the exit for Route 191 (Linden Street) and head south. Continue on Linden Street, then make a right onto Broad Street. Follow Broad Street-the property will be on your right.
Subdivision
Bethlehem-North
Standard status
Active
APN
P6NE1C 8 4 0204
Size
2,696 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Tax Annual Amount
4325
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public
Amenities
reception area
conference room
kitchenette
high ceilings
detailed trim work
new forced air furnace
Building Details
Year built
1902
Number of units
1
Building materials
Brick, Stucco
Listing Agency:
Keller Williams Real Estate · Keller Williams Realty
(610) 826-8100
Listed By:
Jim Christman · License #AB067586
(570) 421-2890
Added: Mar 18
Changed: Oct 25
Last Checked: Nov 6 at 5:06AM
MLS# 773303
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 1902, this 2,696-square-foot office property combines a multi-level layout with private rooms, reception space, a conference area, and a kitchenette. Brick and stucco construction, high ceilings, detailed trim, central air, and public water and sewer contribute to a professional working environment. A 2025 forced-air furnace is also in place. The sale covers the real estate only; the existing law office lease ends at settlement, and the operating business is excluded.
The property fronts E Broad Street in Bethlehem City and offers access to Route 22, Route 378, and Route 191. A recorded shared-parking agreement provides designated spaces and additional common parking at the rear, with provisions addressing access and maintenance. Zoning is 04CG, and parking options include on-street, off-street, and lot parking.
The property fronts E Broad Street in Bethlehem City and offers access to Route 22, Route 378, and Route 191. A recorded shared-parking agreement provides designated spaces and additional common parking at the rear, with provisions addressing access and maintenance. Zoning is 04CG, and parking options include on-street, off-street, and lot parking.
Key Highlights
- 2,696‑square‑foot office property on a 0.061‑acre lot
- 1902 construction with brick and stucco exterior
- Multi‑level layout with private offices, reception, conference space, and kitchenette
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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Current Use
Location Intelligence
Trade Area within ½ mile
2,038
Businesses Nearby
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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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Private rooms, reception, meeting space, kitchenette, and shared rear parking support day-to-day professional operations.
Where is this office building 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 office property on a 0.061‑acre lot; 1902 construction with brick and stucco exterior; Multi‑level layout with private offices, reception, conference space, and kitchenette
