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Renovated Mixed-Use Building with Storefront Exposure
For Sale
$549,900

1465 Stefko Boulevard, Bethlehem, PA 18017

SINGLE_FAMILY - Bethlehem City, PA

Property Size5,460 SF
Lot Size0.12 Acres
Price / SF$100.71
Days on Market52

Property Features for 1465 Stefko Boulevard

General Information

Property type Residential
Property subtype Retail
Zoning 04CG
Parking 6
Parking features Off Street
Elementary school district Bethlehem
Middle school district Bethlehem
High school district Bethlehem
Directions Directly on Stefko Blvd
Subdivision Bethlehem-North
Standard status Active
APN N7SW1D-9-7-0204
Size 5,460 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 7947

Utilities

Heating system Electric (Heating), Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

three separate entrances
off-street parking in the rear
separately metered electric service

Building Details

Year built 1966
Number of units 3
Flooring type Vinyl, Wood
Building materials Block, Concrete
Listing Agency: Home Team Real Estate
Listed By: Jason R. Kocsis
Added: Jun 15 Changed: Aug 2 Last Checked: Aug 5 at 11:06AM
MLS# 778529

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 renovated mixed-use building includes two distinct areas: a residential unit on the upper level and commercial office space on the main level. The residential unit features an eat-in kitchen with brand-new appliances, three bedrooms, a dedicated office, 1.5 bathrooms, a laundry room, and a large living and dining area. The main level provides two large office areas with new flooring and updated bathrooms, offering flexibility for a variety of business uses. The property includes three separate entrances, off-street parking in the rear, and separately metered electric service for each unit.

Construction materials include block and concrete, with vinyl and wood flooring. Heating is provided by electric heating and natural gas, and cooling is via window units. Water is supplied by public service.

Set on a 0.121-acre lot with a total building size of 5,460 SF and built in 1966, the property features large storefront windows designed for visibility along a busy, high-traffic roadway. The residential unit is currently leased, supporting immediate rental income for a new owner or owner-occupant.

Key Highlights

  • 0.121‑acre lot and 5,460 SF mixed‑use building
  • Upper‑level leased residence with three bedrooms, dedicated office, and 1.5 bathrooms
  • Main‑level office space with two large areas, new flooring, and updated bathrooms

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.7k $10.56
− Vacancy −$4.5k −$0.82
EGI $53.2k $9.74
− OpEx −$13.3k −$2.43
NOI $39.9k $7.30
5,460 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Mixed Use
$802.9K
$702.6K – $936.7K (±1% cap)
NOI $56,204 @ 7.0% cap · market cap 10.22%
Second Best
Office B
$569.6K
$498.4K – $664.5K (±1% cap)
NOI $39,870 @ 7.0% cap · market cap 7.25%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Kitchen & Bath Showroom Electrical Service Carpet & Flooring 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby

Demographics for 18017, PA

39,663
Population
16,773
Households
2.4
Avg Household Size
46
Median Age
40%
College-Educated
93%
High-School Grad
16.8 sq mi
ZIP Area
2,361
Density / Sq Mi
$88,946
Median Household Income
$45,618
Median Earnings
$1,535
Median Rent
$310,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated mixed-use building with a leased three-bedroom residence above flexible office space with storefront windows.
Where is this mixed-use property located?
The property is located at 1465 Stefko Boulevard Bethlehem, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 0.121‑acre lot and 5,460 SF mixed‑use building; Upper‑level leased residence with three bedrooms, dedicated office, and 1.5 bathrooms; Main‑level office space with two large areas, new flooring, and updated bathrooms
More about this property
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