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Renovated Retail Space
For Lease
$22 SF/Yr

125 E 3rd Street, Bethlehem, PA 18015

Open-plan commercial space in a recently renovated building, suitable for retail and service uses including salons, offices, cafés, and boutiques.

Space Size1,794 SF
Days on Market888

Property Features for 125 E 3rd Street

General Information

Standard status Active
Size 1,794 SF
Net Rentable 1,794 SF
Zoning Commercial

Space & Availability

Available Space 1,794 SF
Contiguous Space 1,794 SF
Available From Immediate

Taxes and HOA fees

Annual Taxes $5,930

Amenities

open floor plan

Building Details

Building Size 1,794 SF
Year Built 1900
Stories 2
Listing Agency: Keller Williams Real Estate - Allentown
Listed By: Ayon A Codner · License #RS324477
Source: Sercommercial
Added: Mar 6, 2024 Changed: Aug 2 Last Checked: Aug 10 at 11:22AM

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 - Allentown

Investment Insights

Based on property information with market context.

This retail space offers approximately 1,794 SF with a flexible open layout and 10 feet of clear height. The building underwent a comprehensive renovation and includes NY-style apartments on the floors above. The space is suited to uses identified in the property information, including hair or nail salons, insurance offices, cafés, and boutiques.

The property is located at 125 E 3rd Street in downtown Bethlehem’s South Bethlehem area. It is within walking distance of Lehigh University and a short drive from Wind Creek Casino, SteelStacks, and the Banana Factory. The building dates to 1900 and is zoned Commercial.

Key Highlights

  • Approximately 1,794 SF of retail space
  • 10 feet of clear height
  • Flexible open floor plan

Property Analytics

Current Use

Good VBAW Hardware & Home Improvement

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Pet Store Pet Store & Service

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 34% Shops & Services 22% Electronics 1%
C-Town Supermarkets Groceries
14,014 visits/mo 0.4 miles
Starbucks Dining
12,511 visits/mo 0.2 miles
PNC Bank Shops & Services
5,505 visits/mo 0.1 miles
Playa Bowls Dining
4,637 visits/mo 0.4 miles
Valero Energy Shops & Services
2,531 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

Market

Lease Benchmarks for Bethlehem, PA

$17.72 /SF/Yr
Avg Asking Price
$3.85–$32.73 /SF/Yr
Price Range
8,753 SF
Avg Space Size

This space is priced 24% above the average of $17.72 /SF/Yr.

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?
Retail space - Open-plan commercial space in a recently renovated building, suitable for retail and service uses including salons, offices, cafés, and boutiques.
Where is this retail space located?
The property is located at 125 E 3rd Street Bethlehem, PA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Approximately 1,794 SF of retail space; 10 feet of clear height; Flexible open floor plan
More about this property
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