Mixed-Use Property with Commercial
1707 Washington Blvd, Easton, PA 18042
For Sale
Contact for pricing
Mixed-use commercial property with income and commercial kitchen in Easton.
Property Size10,000 SF
Price / SF$138.50
Days on Market233
Property Features for 1707 Washington Blvd
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Listing Agency:
Serhant Real Estate
Listed By:
Kylie Miller · License PA RS336704
(215) 434-2229
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 25 at 9:59AM
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 Serhant Real Estate
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Investment Insights
Based on property information with market context.
Located on Washington Boulevard in Easton, PA, this mixed-use commercial property presents a combination of income, commercial infrastructure, and long-term potential. The property features a well-maintained mixed-use building with commercial and residential components. The residential apartment is currently occupied, providing income, while the commercial spaces offer flexibility. A dedicated commercial kitchen in the rear of the building supports catering, food production, and event operations. The larger commercial areas are utilized for catering and events, making the property suited for hospitality, food service, or experiential concepts that require prep space and customer-facing square footage. A smaller studio apartment is utilized by a religious organization for worship services, contributing to the income mix. The property benefits from visibility along Washington Boulevard, a well-traveled corridor within Wilson Borough, near Downtown Easton, with access to Route 22 and the Lehigh Valley market. Zoning supports commercial applications, allowing future ownership to reposition or optimize the property. With its kitchen infrastructure, open layout, and mixed-use configuration, the property is positioned for event use, catering operations, shared kitchen concepts, or adaptive reuse. This is an opportunity for investors seeking a mixed-use asset with income streams and infrastructure that reduces startup costs for food or event-oriented tenants, while offering flexibility for future value creation. The property size is 10000 square feet.
Key Highlights
- Commercial Kitchen: Dedicated commercial kitchen infrastructure supports catering, food production.
- Mixed‑Use Property: Combines commercial and residential components, offering multiple income streams.
- High Visibility Location: Situated on Washington Boulevard, a well‑traveled corridor, providing strong visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,725
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,074,500
$2.1M
Cap Rate 7%
$1,481,786
$1.5M
Cap Rate 9%
$1,152,500
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$150.0K $15.00/SF
− Vacancy
−$11.7K −$1.17/SF
EGI
$138.3K $13.83/SF
− OpEx
−$34.6K −$3.46/SF
NOI
$103.7K $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%
$2,074,500
Cap Rate 7%
$1,481,786
Cap Rate 9%
$1,152,500
Alternative Uses
Best Use
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,725 @ 7.0% cap · market cap 7.49%
Second Best
Mixed Use
$1.45M
$1.27M – $1.69M
NOI $101,250 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,768 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
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Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Northampton County, PA
Properties on Market for Mixed-use properties in Northampton County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial property with income and commercial kitchen in Easton.
Where is this mixed-use property located?
The property is located at 1707 Washington Blvd Easton, PA.
What is the asking price?
The asking price for this property is $1,385,000.
What are key features of this property?
This property features: Commercial Kitchen: Dedicated commercial kitchen infrastructure supports catering, food production.; Mixed‑Use Property: Combines commercial and residential components, offering multiple income streams.; High Visibility Location: Situated on Washington Boulevard, a well‑traveled corridor, providing strong visibility.
