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Manufacturing Property with Cold Storage
New
For Sale
$389,000

123 Blaine Street, Bangor, PA 18013

CommercialSale, East Bangor Boro, PA

Property Size4,350 SF
Lot Size0.81 Acres
Price / SF$89.43
Days on Market1

Property Features for 123 Blaine Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Parking features Parking Lot, Off Street, Garage
Elementary school district Bangor
Middle school district Bangor
High school district Bangor
Directions from 512, turn onto Sampson st, at 4 way turn right onto Blaine st, property is several hundred yards on the ride
Subdivision East Bangor
Standard status Active
APN D10SW1C10-3A-0109
Size 4,350 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Annual Amount 2409

Utilities

Heating system Electric (Heating), Oil
Cooling system Wall Unit(s), Ductless, Ceiling Fan(s)

Building Details

Year built 2003
Number of units 1
Buildings 5
Listing Agency: Country Classic Real Estate · Realty World
Listed By: Russell Horn
Added: Oct 27 Last Checked: Oct 27 at 10:06PM
MLS# 787003

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The manufacturing property includes five buildings totaling 4,350 square feet. Three buildings have climate control, including two designated for cold storage. Each building has power, and one of the larger structures contains an office and large sliding doors. The property has been used for wholesale, manufacturing, and production operations for approximately 30 years.

A paved parking area serves the site, which consists of two adjacent parcels on Blaine Street in East Bangor, just off Route 512.

Key Highlights

  • Five buildings with a combined 4,350 square feet
  • Three buildings have climate control; two are cold storage
  • Power is available in all five buildings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,342
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,840 $646.8K
Cap Rate 7%
$462,029 $462.0K
Cap Rate 9%
$359,356 $359.4K
Market Conditions
NOI Build-Up for 4,350 SF
Gross rent
$50.1K $11.52/SF
− Vacancy
−$3.9K −$0.90/SF
EGI
$46.2K $10.62/SF
− OpEx
−$13.9K −$3.19/SF
NOI
$32.3K $7.44/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,840
Cap Rate 7%
$462,029
Cap Rate 9%
$359,356

Alternative Uses

Best Use
Warehouse
$561.0K
$490.9K – $654.6K (±1% cap)
NOI $39,273 @ 7.0% cap · market cap 10.10%
Second Best
Industrial
$462.0K
$404.3K – $539.0K (±1% cap)
NOI $32,342 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$825.1K
$721.9K – $962.6K (±1% cap)
NOI $57,754 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Color Rite East Factory

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Garden Center Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 18013, PA

17,436
Population
7,401
Households
2.4
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
63.0 sq mi
ZIP Area
277
Density / Sq Mi
$76,116
Median Household Income
$37,107
Median Earnings
$1,088
Median Rent
$245,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Five buildings provide climate-controlled areas, refrigerated storage, and an office within one structure.
Where is this manufacturing property located?
The property is located at 123 Blaine Street Bangor, PA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Five buildings with a combined 4,350 square feet; Three buildings have climate control; two are cold storage; Power is available in all five buildings
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Includes: Price & PSF · Cap rate · Location · Zoning

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