Mixed-Use Building with Restaurant
49 N Broad St Nazareth, PA 18064
49 N Broad St, Nazareth, PA, 18064
$495,000
For Sale
$495,000
Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.
Property Size2,772 SF
Price / SF$178.57
Days on Market435
Property Features for 49 N Broad St
General Information
- Standard status
- Active
- Size
- 2,772 SF
Listing Agency
Coletta Commercial Realty
(267) 254-3743
Listed by
Nicholas A. D'Egidio
(267) 254-3743
Source
Exprealty
Added: May 12, 2025 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 4:38 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coletta Commercial Realty
Investment Insights
Based on property information with market context.
This mixed-use property includes approximately 1,350 SF of ground-level commercial space with approvals for a range of concepts, including cafe, bakery, dine-in or take-out restaurant, other food & beverage uses, retail, and personal service businesses. The second floor features a spacious 3 bedroom, 1 bath apartment. The residential unit is currently occupied by tenants on a month-to-month lease.
The property is located at 49 N Broad St in Nazareth, PA. The configuration supports a live-in-or-lease model, with separate commercial and residential components on two levels.
For investors, the occupied apartment provides immediate rental income while the ground-level space can support multiple business types consistent with the listed approvals. For owner-occupants, the building offers flexibility to run an approved food, retail, or personal service operation on the first level while maintaining residential income from the second floor. The property may also be purchased together with the neighboring sister mixed-use property (MLS#777131) as part of a portfolio sale, depending on investor goals.
The property is located at 49 N Broad St in Nazareth, PA. The configuration supports a live-in-or-lease model, with separate commercial and residential components on two levels.
For investors, the occupied apartment provides immediate rental income while the ground-level space can support multiple business types consistent with the listed approvals. For owner-occupants, the building offers flexibility to run an approved food, retail, or personal service operation on the first level while maintaining residential income from the second floor. The property may also be purchased together with the neighboring sister mixed-use property (MLS#777131) as part of a portfolio sale, depending on investor goals.
Key Highlights
- Approximately 1,350 SF of ground‑floor commercial space with approvals for cafe, bakery, and dine‑in or take‑out restaurant uses
- Approved uses also include other food & beverage concepts, retail, and personal service businesses
- Second‑floor 3‑bedroom, 1‑bath apartment is currently tenant‑occupied on a month‑to‑month lease
Local Financial Insights For Specialty Retail
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 | $41.6k | $15.00 |
| − Vacancy | −$3.2k | −$1.17 |
| EGI | $38.3k | $13.83 |
| − OpEx | −$9.6k | −$3.46 |
| NOI | $28.8k | $10.37 |
2,772 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$410.8K
$359.4K – $479.2K
NOI $28,753 @ 7.0% cap · market cap 5.81%
Second Best
Mixed Use
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$525.8K
$460.0K – $613.4K
NOI $36,803 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Baba Bakery
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.
Where is this mixed-use property located?
The property is located at 49 N Broad St Nazareth, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 1,350 SF of ground‑floor commercial space with approvals for cafe, bakery, and dine‑in or take‑out restaurant uses; Approved uses also include other food & beverage concepts, retail, and personal service businesses; Second‑floor 3‑bedroom, 1‑bath apartment is currently tenant‑occupied on a month‑to‑month lease
