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 Market207
Property Features for 115 E Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Basement
Partial, Unfinished
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
Building Details
Year built
1902
Floors in Building
3
Flooring type
Laminate, Hardwood, Carpet
Building materials
Brick, Stucco
Listing Agency:
Keller Williams Real Estate - Palmerton · Keller Williams Realty
(610) 826-8100
Listed By:
James A Christman · License #AB067586
(570) 421-2890
Added: Mar 18
Changed: Oct 8
Last Checked: Oct 10 at 8:06PM
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.
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.
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
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Professional workspace with private offices, reception, conference space, and shared parking access in a downtown setting.
Where is this office units 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
