Three-Story Mixed-Use
For Sale
$1,995,000
13 15 E 3rd Street, Bethlehem, PA 18015
CommercialSale, Bethlehem City, PA
Property Size17,350 SF
Lot Size0.13 Acres
Price / SF$114.99
Days on Market153
Property Features for 13 15 E 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
04CB
Elementary school district
Bethlehem
Middle school district
Bethlehem
High school district
Bethlehem
Directions
From I-78, take Exit 67 toward PA-378 N. Follow PA-378 N, turn left onto E. 3rd Street. Property is on the right.
Subdivision
Bethlehem-South
Standard status
Active
APN
P6SE1A 5 6 0204
Size
17,350 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
4681
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
outdoor roof deck
Building Details
Year built
1900
Listing Agency:
RE/MAX Real Estate · RE/MAX International
(610) 770-9000
Listed By:
Neel Shah
(484) 506-4600
Added: May 8
Changed: Sep 26
Last Checked: Oct 7 at 7:06PM
MLS# 776556
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.
Built in 1900, this historic three-story mixed-use building contains approximately 17,350 square feet across commercial and upper-level areas. Three street-facing entrances divide access within the structure. Two entrances serve open-shell space on the first floor, basement, and rear portion of the second floor, while another provides separate access to the front of the second floor and the third floor. A rooftop deck is also included.
The property occupies 0.129 acres at 13 15 E 3rd Street in Bethlehem City, Pennsylvania. Its setting is near ArtsQuest, SteelStacks, the Hilton Tempo Hotel, Wind Creek, and Lehigh University, with municipal garages and street parking nearby. Direct access to I-78 supports regional connectivity. Public water and public sewer serve the property, which carries 04CB zoning.
The property occupies 0.129 acres at 13 15 E 3rd Street in Bethlehem City, Pennsylvania. Its setting is near ArtsQuest, SteelStacks, the Hilton Tempo Hotel, Wind Creek, and Lehigh University, with municipal garages and street parking nearby. Direct access to I-78 supports regional connectivity. Public water and public sewer serve the property, which carries 04CB zoning.
Key Highlights
- Approximately 17,350 square feet in a historic three‑story building
- Three street‑level entrances provide separated access through the building
- Open‑shell areas include the first floor, basement, and second floor rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,669
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,513,380
$3.5M
Cap Rate 7%
$2,509,557
$2.5M
Cap Rate 9%
$1,951,878
$2.0M
Market Conditions
NOI Build-Up for 17,350 SF
Gross rent
$312.3K $18.00/SF
− Vacancy
−$31.2K −$1.80/SF
EGI
$281.1K $16.20/SF
− OpEx
−$105.4K −$6.07/SF
NOI
$175.7K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,513,380
Cap Rate 7%
$2,509,557
Cap Rate 9%
$1,951,878
Alternative Uses
Best Use
Mixed Use
$2.51M
$2.20M – $2.93M
NOI $175,669 @ 7.0% cap · market cap 8.81%
Second Best
Retail
$1.92M
$1.68M – $2.24M
NOI $134,372 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,352 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,662
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 21%
Groceries 15%
Hotels & Casinos 8%
Wendy's
Dining
14,468 visits/mo
0.4 miles
C-Town Supermarkets
Groceries
14,014 visits/mo
0.2 miles
Starbucks
Dining
12,511 visits/mo
0.3 miles
Perkins Restaurant & Bakery
Dining
7,585 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,199 visits/mo
0.3 miles
Demographics for 18015, PA
33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Open-shell commercial areas offer separate access points and a rooftop deck for future build-out.
Where is this mixed-use property located?
The property is located at 13 15 E 3rd Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Approximately 17,350 square feet in a historic three‑story building; Three street‑level entrances provide separated access through the building; Open‑shell areas include the first floor, basement, and second floor rear
