Mixed-Use Building with
For Sale
$500,000
Pending
1225 Main Street, Hellertown, PA 18055
Commercial Sale, Hellertown, PA
Property Size3,660 SF
Lot Size0.07 Acres
Days on Market179
Property Features for 1225 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Parking
2
Basement
Full
Subdivision
Hellertown Borough
Standard status
Pending
APN
Q7NW3D 5 11 0715
Size
3,660 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5331
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Flooring type
Engineered, Carpet
Building materials
Brick, Vinyl Siding
Roof type
Fiberglass, Asphalt
Listing Agency:
Keller Williams Real Estate - Northampton Co · Keller Williams Realty
(610) 867-8888
Listed By:
Jennifer L Schimmel
(610) 360-0036
Added: Mar 26
Changed: Sep 13
Last Checked: Sep 20 at 2:06PM
MLS# PM-139857
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.
Located at 1225 Main Street in Hellertown, this 3,660-square-foot mixed-use property contains a first-floor eye-care operation and two apartments. The commercial portion includes a waiting room, examination room, lab, galley kitchen, bathroom, and basement access. The first-floor residence has one bedroom, an open kitchen and dining area, a living room, and a full bathroom. Upstairs, the second apartment includes two bedrooms, an open kitchen and dining area, a living room, a full bathroom, and a deck.
The 0.07-acre parcel provides a two-car rear parking pad, with additional parking available on the street. The basement offers storage and includes separate electrical, hot-water, and water/sewer metering. The building dates to 1940 and features brick and vinyl siding, heat-pump heating, central air, public water, and public sewer. An exterior ramp and the sidewalks have been updated in recent years.
The 0.07-acre parcel provides a two-car rear parking pad, with additional parking available on the street. The basement offers storage and includes separate electrical, hot-water, and water/sewer metering. The building dates to 1940 and features brick and vinyl siding, heat-pump heating, central air, public water, and public sewer. An exterior ramp and the sidewalks have been updated in recent years.
Key Highlights
- 3,660‑square‑foot mixed‑use building on a 0.07‑acre parcel
- Commercial eye‑care suite with waiting, exam, lab, kitchen, bathroom, and basement access
- Two residential apartments: one 1‑bedroom unit and one 2‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,963
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,260
$759.3K
Cap Rate 7%
$542,329
$542.3K
Cap Rate 9%
$421,811
$421.8K
Market Conditions
NOI Build-Up for 3,660 SF
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.
Gross rent
$54.9K $15.00/SF
− Vacancy
−$4.3K −$1.17/SF
EGI
$50.6K $13.83/SF
− OpEx
−$12.7K −$3.46/SF
NOI
$38.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,260
Cap Rate 7%
$542,329
Cap Rate 9%
$421,811
Alternative Uses
Best Use
Office B
$542.3K
$474.5K – $632.7K
NOI $37,963 @ 7.0% cap · market cap 7.59%
Second Best
Mixed Use
$529.4K
$463.2K – $617.6K
NOI $37,058 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$694.2K
$607.4K – $809.9K
NOI $48,593 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Explore this area
Business Placement
Demographics for 18055, PA
12,077
Population
4,946
Households
2.4
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
20.0 sq mi
ZIP Area
604
Density / Sq Mi
$90,087
Median Household Income
$52,690
Median Earnings
$1,273
Median Rent
$293,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Brick property combines an eye-care suite, two residential units, basement storage, and rear off-street parking.
Where is this mixed-use property located?
The property is located at 1225 Main Street Hellertown, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,660‑square‑foot mixed‑use building on a 0.07‑acre parcel; Commercial eye‑care suite with waiting, exam, lab, kitchen, bathroom, and basement access; Two residential apartments: one 1‑bedroom unit and one 2‑bedroom unit
