Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Restaurant Space Title is generated by Realmo AI

    49 N Broad St, Nazareth, PA 18064

    View on Map
    Claim this Listing
    For Sale
    $495,000

    Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.

    Property size:
    2,772 SF
    Price / SF:
    $178/SF
    Added:
    May 12, 2025
    Days on Market:
    390
    Last Refresh:
    Jun 5 at 2:49 am

    Property Features for 49 N Broad St

    General Information

    Standard status
    Active
    Size
    2,772 SF

    We can help!

    Listing Contact
    Nicholas A. D'Egidio

    Listing agent Nicholas A. D'Egidio

    Listing office Coletta Commercial Realty

    Listing date May 12, 2025

    Source Exprealty

    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

    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
    • Mixed‑use setup with commercial income and residential rental income in the same building
    • Property may be purchased with the neighboring sister mixed‑use property as part of a portfolio sale (MLS#777131)

    Overview

    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.

    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 (±1% cap)
    NOI $28,753 @ 7.0% cap · market cap 5.81%
    Second Best
    Mixed Use
    $401.0K
    $350.8K – $467.8K (±1% cap)
    NOI $28,067 @ 7.0% cap · market cap 5.67%
    Theoretical Best
    Office A
    $525.8K
    $460.0K – $613.4K (±1% cap)
    NOI $36,803 @ 7.0% cap · market cap 7.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Baba Bakery Bakery

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nazareth
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.309764
    Latitude
    40.743729

    Nearby Similar for Sale

    • $750,000
      6,300 SF

      Renovated Nazareth Mixed-Use Commercial Property

      Multi-unit property with restaurant and apartment in prime Nazareth location.
      127 S Broad Street, Nazareth Boro, PA 18064
      View Details
    • $750,000
      6,300 SF

      Renovated Nazareth Mixed-Use Commercial Property

      Fully renovated mixed-use property with restaurant and apartment in Nazareth.
      127 S Broad Street, Nazareth, PA 18064
      View Details
    • $850,000

      Turn-Key 50's Themed Restaurant

      Popular turn-key restaurant with real estate, equipment, and inventory.
      5684 Sullivan Trl, Nazareth, PA, 18064-9265
      View Details
    • $800,000
      4,077 SF

      Retail Business with Apartment

      Turnkey retail business with attached apartment in prime location.
      328 E Lawn Street, Upper Nazareth Twp, PA 18064
      View Details
    • $895,000
      5,867 SF

      Nazareth Commercial Property for Sale

      Commercial property available in Nazareth, PA, totaling 5,867 square feet.
      328 E Lawn Rd, Nazareth, PA 18064
      View Details
    • $260,000
      2,100 SF

      Established Child Care Business Opportunity

      Turnkey, licensed childcare business with long-term lease security.
      1068 Bushkill Center Rd, Nazareth, PA 18064
      View Details
    • Contact for pricing
      4,832 SF

      High-Visibility Nazareth Retail Property

      Retail property with major intersection improvements and strong demographics.
      4348 Newburg Rd, Nazareth, PA 18064
      View Details
    • $695,000
      3,900 SF

      Renovated Mixed-Use Corner Property

      Fully renovated mixed-use property with store and apartments for sale.
      500 Belfast Rd, Nazareth, PA 18064-9281
      View Details
    • $469,900
      3,049 SF

      Iconic Building on Bushkill Center

      Commercial building with showroom, offices, storage, and parking.
      462 Bushkill Center Rd, Nazareth, PA 18064
      View Details
    • $3,790,000
      9,196 SF

      Industrial Property with Office Space

      Fenced 5.4-acre property with 10,000 SF building.
      585 Daniels Road, Lower Nazareth Twp, PA 18064
      View Details

    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
    (267) 254-3743
    We can help!
    Listing Contact
    Nicholas A. D'Egidio
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    49 N Broad St, Nazareth, PA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!