Office Building With 2025 Forced Air
For Sale
$375,000
115 E Broad Street, Bethlehem, PA 18018
COMMERCIAL - Bethlehem, PA
Property Size2,696 SF
Lot Size0.06 Acres
Price / SF$139.09
Days on Market141
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
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
Forced Air, Oil
Cooling system
Central Air
Water source
Public
Amenities
private offices
reception area
conference room
kitchenette
Building Details
Year built
1902
Floors in Building
3
Flooring type
Laminate, Carpet, Hardwood
Building materials
Brick, Stucco
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: Aug 4
Last Checked: Aug 5 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.
Investment Insights
Based on property information with market context.
115 E Broad Street is a multi-level office building with a well-laid-out interior for professional services. The space includes multiple private offices, a welcoming reception area, conference room space, and a functional kitchenette. Interior finishes feature high ceilings and a mix of carpet, hardwood, and laminate flooring. Constructed in 1902 with brick and stucco, the property is served by forced-air oil heat and central air. Public water and public sewer are available.
The property sits on a 0.06-acre lot and totals 2,696 square feet. It is located in Bethlehem with access to Route 22, Route 378, and Route 191, supporting convenient travel to the greater Lehigh Valley. A recorded shared parking agreement provides access to a common rear parking area with designated parking and additional shared spaces for owners, guests, and clients, along with shared maintenance responsibilities.
The sale is for the real estate only. The current tenant’s (law office) lease is scheduled to conclude at settlement, and the business is not included.
The property sits on a 0.06-acre lot and totals 2,696 square feet. It is located in Bethlehem with access to Route 22, Route 378, and Route 191, supporting convenient travel to the greater Lehigh Valley. A recorded shared parking agreement provides access to a common rear parking area with designated parking and additional shared spaces for owners, guests, and clients, along with shared maintenance responsibilities.
The sale is for the real estate only. The current tenant’s (law office) lease is scheduled to conclude at settlement, and the business is not included.
Key Highlights
- 2,696 SF multi‑level office building with private offices, reception, conference room, and kitchenette
- 0.06‑acre lot
- 2025 forced air furnace plus forced‑air oil heat and central air
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.5k | $10.56 |
| − Vacancy | −$2.2k | −$0.82 |
| EGI | $26.2k | $9.74 |
| − OpEx | −$6.6k | −$2.43 |
| NOI | $19.7k | $7.30 |
2,696 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 25.00%
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-level office space with private offices, reception, conference room, kitchenette, central air, and a 2025 forced air furnace.
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 SF multi‑level office building with private offices, reception, conference room, and kitchenette; 0.06‑acre lot; 2025 forced air furnace plus forced‑air oil heat and central air
