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Renovated Mixed-Use Property
For Sale
$750,000

127 S Broad Street, Nazareth, PA 18064

Commercial Sale, Nazareth, PA

Property Size6,300 SF
Lot Size0.28 Acres
Price / SF$119.05
Days on Market100

Property Features for 127 S Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Zoning description Commercial
Subdivision Nazareth Borough
Standard status Active
APN J7SE3A 11 8 0421
Size 6,300 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7684

Utilities

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

Building Details

Year built 1890
Floors in Building 3
Flooring type Vinyl, Hardwood, Tile
Building materials Stone, Vinyl Siding
Roof type Fiberglass, Asphalt
Listing Agency: Keller Williams Real Estate - Northampton Co · Keller Williams Realty
Listed By: Kelly Houston · License #405412
Added: Jul 1 Changed: Sep 15 Last Checked: Oct 8 at 12:06AM
MLS# PM-142682

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 renovated mixed-use property at 127 S Broad Street combines a restaurant-oriented first floor with an updated three-bedroom apartment above. The commercial level includes a kitchen, walk-in freezer, hood systems, and bar and kitchen equipment. The 6,300-square-foot building occupies 0.28 acres and was built in 1890, with stone and vinyl siding, hardwood, tile and vinyl flooring, and central air among its reported features.

The property includes 20+ paved parking spots and is served by public water and public sewer. Heating systems include oil, natural gas, ductless and electric equipment. Located in Nazareth, Pennsylvania, the building is zoned R5. The restaurant occupying the first floor is expected to relocate, creating a transition point for the existing commercial layout.

Key Highlights

  • 6,300‑square‑foot mixed‑use building on a 0.28‑acre parcel
  • First‑floor restaurant layout with commercial kitchen, walk‑in freezer, and hood systems
  • Updated three‑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
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

676
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 - Includes an equipped restaurant floor and an updated three-bedroom apartment.
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 0.28‑acre parcel; First‑floor restaurant layout with commercial kitchen, walk‑in freezer, and hood systems; Updated three‑bedroom apartment on the upper level
More about this property
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