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Renovated Mixed-Use Property
For Sale
$750,000

127 S Broad Street, Nazareth, PA 18064

CommercialSale, Nazareth Boro, PA

Property Size6,300 SF
Lot Size0.28 Acres
Price / SF$119.05
Days on Market99

Property Features for 127 S Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 21R5
Parking 20
Parking features Parking Lot, Off Street, On Street
Security features Security
Elementary school district Nazareth
Middle school district Nazareth
High school district Nazareth
Directions Rt 191 north to Nazareth, left on Broad Street, up hill to property on right.
Subdivision Nazareth
Standard status Active
APN J7SE3A 11 8 0421
Size 6,300 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 7684

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Oil
Cooling system Wall Unit(s), Ceiling Fan(s), Central Air, Ductless
Water source Public

Building Details

Year built 1890
Flooring type Wood, Concrete
Building materials Brick, Frame, Masonry, Stone
Listing Agency: Keller Williams Northampton · Keller Williams Realty
Listed By: Kelly L. Houston · License #405412
Added: Jul 1 Changed: Sep 12 Last Checked: Oct 7 at 10:06PM
MLS# 779966

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.

Investment Insights

Based on property information with market context.

This mixed-use building contains a first-floor restaurant configuration with an equipped commercial kitchen, walk-in freezer, hood systems, and selected bar and kitchen equipment. The upper level includes an updated three-bedroom apartment. Renovation work has been completed throughout the building and exterior, with brick, frame, masonry, and stone construction elements, along with concrete and wood flooring.

The property provides 6,300 square feet on a 0.284-acre parcel at 127 S Broad Street in Nazareth Boro, Northampton County. More than 20 paved parking spaces are available, supplemented by on-street parking. Public water and public sewer serve the property, and cooling includes central air along with ductless and wall-mounted systems. Zoning is 21R5.

Key Highlights

  • 6,300‑square‑foot mixed‑use building on a 0.284‑acre parcel
  • First‑floor restaurant setup includes commercial kitchen, walk‑in freezer, and hood systems
  • Updated 3‑bedroom apartment on the upper level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,347
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,940 $1.3M
Cap Rate 7%
$933,529 $933.5K
Cap Rate 9%
$726,078 $726.1K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$94.5K $15.00/SF
− Vacancy
−$7.4K −$1.17/SF
EGI
$87.1K $13.83/SF
− OpEx
−$21.8K −$3.46/SF
NOI
$65.3K $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 Rate 5%
$1,306,940
Cap Rate 7%
$933,529
Cap Rate 9%
$726,078

Alternative Uses

Best Use
Specialty Retail
$933.5K
$816.8K – $1.09M (±1% cap)
NOI $65,347 @ 7.0% cap · market cap 8.71%
Second Best
Mixed Use
$911.3K
$797.4K – $1.06M (±1% cap)
NOI $63,788 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M (±1% cap)
NOI $83,644 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Rios Brazilian Steakhouse Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Storage Facility HVAC Service Grocery & Convenience 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

1
Residential units
Multi-tenant
Tenancy
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 18064, PA

27,696
Population
10,659
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
719
Density / Sq Mi
$102,857
Median Household Income
$58,471
Median Earnings
$1,235
Median Rent
$354,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant infrastructure and an updated three-bedroom apartment occupy separate levels.
Where is this mixed-use property located?
The property is located at 127 S Broad Street Nazareth, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6,300‑square‑foot mixed‑use building on a 0.284‑acre parcel; First‑floor restaurant setup includes commercial kitchen, walk‑in freezer, and hood systems; Updated 3‑bedroom apartment on the upper level
More about this property
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