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Day Care Center with Fenced Parking

1926 2nd Street, Bethlehem, PA 18020

For Sale
$999,997

CommercialSale, Bethlehem City, PA

Property Size10,668 SF
Lot Size0.63 Acres
Price / SF$93.74
Days on Market48

Property Features for 1926 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mdr-Medium Density Reside
Parking 50
Parking features On Street, Off Street, Parking Lot
Elementary school district Bethlehem
Middle school district Bethlehem
High school district Bethlehem
Directions Route 33 to Freemansburg exit, keep right. Right on Linden St to 2nd St. Building on left.
Subdivision Bethlehem Twp.
Standard status Active
APN N7NW3-44-9-0205
Size 10,668 SF
Lot size 0.63 Acres

Additional Details

Currently Operating Yes
Property Use After school program and summer camp

Taxes and HOA fees

Tax Annual Amount 8772

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

Central air conditioning
ADA accessible
Security and surveillance
Ample signage

Building Details

Year built 1917
Listing Agency: BHHS Regency Real Estate · Prudential Real Estate
Listed By: Andrew A. Ginsburg
Added: Sep 23 Changed: Oct 23 Last Checked: Nov 9 at 3:06AM
MLS# 784841

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 10,668-square-foot converted school building is currently used for an after-school program and summer camp. The property includes central air conditioning, ADA access, full security and surveillance, signage, and fenced parking accommodating 50+ vehicles. Municipal water and sewer service, along with natural gas, support ongoing operations.

Situated on 0.631 acres at 1926 2nd Street in Bethlehem City, the property offers access to Routes 22, 33, and 78. The Mdr-Medium Density Reside zoning designation and existing building configuration support consideration of day care, flex, and dance studio uses identified in the property information. Built in 1917, the building also includes on-street, parking lot, and off-street parking options.

Key Highlights

  • 10,668‑square‑foot converted school building
  • Fenced parking accommodates 50+ vehicles
  • Municipal water, public sewer, and natural gas service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,317
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,340 $1.6M
Cap Rate 7%
$1,133,100 $1.1M
Cap Rate 9%
$881,300 $881.3K
Market Conditions
NOI Build-Up for 10,668 SF
Gross rent
$122.9K $11.52/SF
− Vacancy
−$9.6K −$0.90/SF
EGI
$113.3K $10.62/SF
− OpEx
−$34.0K −$3.19/SF
NOI
$79.3K $7.44/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,340
Cap Rate 7%
$1,133,100
Cap Rate 9%
$881,300

Alternative Uses

Best Use
Industrial
$1.13M
$991.5K – $1.32M (±1% cap)
NOI $79,317 @ 7.0% cap · market cap 7.93%
Second Best
Flex RnD
$1.07M
$932.8K – $1.24M (±1% cap)
NOI $74,623 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,637 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Steel Cities Best ... Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Big Box & Wholesale 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
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Balanced
Demand for This Use

Demographics for 18020, PA

20,582
Population
7,940
Households
2.6
Avg Household Size
45
Median Age
42%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
1,583
Density / Sq Mi
$122,610
Median Household Income
$53,144
Median Earnings
$1,493
Median Rent
$348,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Giggles Kids Club — 1580 6th St, Bethlehem, PA 18020
  • Kids Club Child Care Center — 2104 Stefko Blvd, Bethlehem, PA 18017
  • Precious Ones Day Care — 3049 Fairview St, Bethlehem, PA 18020
  • Bright Light Learning Center — 2641 Easton Ave, Bethlehem, PA 18017

Frequently Asked Questions

What type of property is this?
Day care center - Converted school building offers ADA access, central air, municipal utilities, and secured parking for community-oriented uses.
Where is this day care center located?
The property is located at 1926 2nd Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $999,997.
What are key features of this property?
This property features: 10,668‑square‑foot converted school building; Fenced parking accommodates 50+ vehicles; Municipal water, public sewer, and natural gas service
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Includes: Price & PSF · Cap rate · Location · Zoning

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