Mixed-Use Building with
2 S 4th Street Emmaus, PA 18049
For Sale
$3,300,000
SINGLE_FAMILY - Emmaus Boro, PA
Property Size14,506 SF
Lot Size0.21 Acres
Price / SF$227.49
Days on Market49
Property Features for 2 S 4th Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- B-C-Central Commercial
- Parking
- 2
- Parking features
- On Street, Off Street
- Standard status
- Active
- APN
- 549465077476,549465079039,54946507409401
- Size
- 14,506 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 31464
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Window Unit(s), Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1912
- Number of units
- 15
- Building materials
- Brick, Stone, StoneVeneer, WoodSiding
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Alpesh Patel
(484) 241-1011
Added: Jun 9
Changed: Jul 24
Last Checked: Jul 27 at 3:06AM
MLS# 778698
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 mixed-use investment property is fully occupied and offers 15 total units, including 10 residential apartments and 5 commercial storefronts. The building totals approximately 14,506 square feet and includes recent capital improvements with a newer TPO roof, supporting continued income production.
Located in downtown Emmaus, the property is directly across from Triangle Park and situated within the B-C-Central Commercial zoning designation. Convenient access is noted to Routes 78, 309, 29, and the PA Turnpike, aligning the asset with a retail-forward setting.
Current financials reported in the listing include approximately $289,284 in annual gross income and approximately $233,543 in annual NOI.
Located in downtown Emmaus, the property is directly across from Triangle Park and situated within the B-C-Central Commercial zoning designation. Convenient access is noted to Routes 78, 309, 29, and the PA Turnpike, aligning the asset with a retail-forward setting.
Current financials reported in the listing include approximately $289,284 in annual gross income and approximately $233,543 in annual NOI.
Key Highlights
- Mixed‑use building with 15 total units: 10 residential apartments and 5 commercial storefronts
- Approximately 14,506 SF across downtown Emmaus directly across from Triangle Park
- Fully occupied with about $289,284 annual gross income and $233,543 annual NOI
Financial Insights For Mixed Use
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 | $261.1k | $18.00 |
| − Vacancy | −$22.2k | −$1.53 |
| EGI | $238.9k | $16.47 |
| − OpEx | −$89.6k | −$6.18 |
| NOI | $149.3k | $10.29 |
14,506 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.13M
$1.87M – $2.49M
NOI $149,321 @ 7.0% cap · market cap 4.52%
Second Best
Retail
$1.41M
$1.24M – $1.65M
NOI $98,865 @ 7.0% cap · market cap 3.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Roast & Toast
Cafe & Coffee Shop
Da Smoke Shop ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Apartment building - Fully occupied mixed-use property with 10 apartments and 5 commercial storefronts, including a newer TPO roof.
Where is this apartment building located?
The property is located at 2 S 4th Street Emmaus, PA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Mixed‑use building with 15 total units: 10 residential apartments and 5 commercial storefronts; Approximately 14,506 SF across downtown Emmaus directly across from Triangle Park; Fully occupied with about $289,284 annual gross income and $233,543 annual NOI
