Mixed-Use Property with
For Sale
$750,000
127 S Broad Street, Nazareth, PA 18064
An upstairs three-bedroom apartment complements the ground-floor restaurant space and its commercial kitchen equipment.
Property Size6,300 SF
Price / SF$119.05
Days on Market127
Property Features for 127 S Broad Street
General Information
Standard status
Active
Size
6,300 SF
Property subtype
Commercial
Zoning
R5, Commercial
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,684
Building Details
Building Size
6,300 SF
Year Built
1890
Stories
3
Listing Agency:
Keller Williams Real Estate - Northampton Co
(610) 867-8888
Listed By:
Kelly Houston · License #405412
(570) 236-7881
Source:
Amantearealestate
Added: Jul 1
Changed: Nov 2
Last Checked: Nov 3 at 5:55AM
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 Keller Williams Real Estate - Northampton Co
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Investment Insights
Based on property information with market context.
This renovated mixed-use building pairs a ground-floor restaurant with a three-bedroom apartment upstairs. Restaurant equipment includes a commercial kitchen, walk-in freezer, hood systems, and some bar and kitchen equipment. The restaurant is expected to relocate soon, and the property has 20+ paved parking spots.
Built in 1890, the building is at 127 S Broad Street in Nazareth, Pennsylvania.
Built in 1890, the building is at 127 S Broad Street in Nazareth, Pennsylvania.
Key Highlights
- Ground‑floor restaurant space with commercial kitchen, walk‑in freezer, and hood systems
- Upstairs apartment with 3 bedrooms
- 20+ paved parking spots
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
NOI $65,347 @ 7.0% cap · market cap 8.71%
Second Best
Mixed Use
$911.3K
$797.4K – $1.06M
NOI $63,788 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,644 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs three-bedroom apartment complements the ground-floor restaurant space and its commercial kitchen equipment.
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: Ground‑floor restaurant space with commercial kitchen, walk‑in freezer, and hood systems; Upstairs apartment with 3 bedrooms; 20+ paved parking spots
