Mixed-Use Building with
For Sale
$500,000
Pending
1225 Main Street, Hellertown, PA 18055
COMMERCIAL - Hellertown, PA
Property Size3,660 SF
Lot Size0.07 Acres
Days on Market135
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
Carpet, Engineered
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) 867-8888
Added: Mar 26
Changed: Aug 4
Last Checked: Aug 7 at 12:06PM
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.
This 3,660-square-foot mixed-use building, constructed in 1940, combines a first-floor eye-care business with two residential apartments. The commercial space includes a substantial waiting area, exam room, laboratory, galley kitchen, bathroom, and basement access. A vacant first-floor apartment offers one bedroom, an open kitchen and dining area, a living room, and a full bathroom. The second-floor apartment includes two bedrooms, an open kitchen and dining area, a living room, a full bathroom, and a deck.
The 0.07-acre property includes a two-car rear parking pad, with additional street parking. The basement provides storage and has separate electrical, hot-water, and water/sewer meters. Recent exterior work includes improvements to the ramp and sidewalks. Building systems include heat-pump heating, central air, public water, public sewer, and a roof with fiberglass and asphalt components.
The 0.07-acre property includes a two-car rear parking pad, with additional street parking. The basement provides storage and has separate electrical, hot-water, and water/sewer meters. Recent exterior work includes improvements to the ramp and sidewalks. Building systems include heat-pump heating, central air, public water, public sewer, and a roof with fiberglass and asphalt components.
Key Highlights
- 3,660‑square‑foot mixed‑use building on a 0.07‑acre lot
- First‑floor eye‑care space with waiting, exam, lab, kitchen, bathroom, and basement access
- Two residential apartments: one one‑bedroom unit and one two‑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
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
207
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained property combines an eye-care business, two apartments, basement storage, and 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 lot; First‑floor eye‑care space with waiting, exam, lab, kitchen, bathroom, and basement access; Two residential apartments: one one‑bedroom unit and one two‑bedroom unit
