Victorian Mixed-Use
205 W Broad Street, Bethlehem, PA 18018
For Sale
New
$550,000
Commercial rooms on the lower floors sit beneath an upstairs residence with two bedrooms and one and a half baths.
Property Size4,566 SF
Price / SF$120.46
Days on Market2
Property Features for 205 W Broad Street
General Information
Standard status
Size
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
true
Assessor
Real Estate Only
Public
6011
5
0.138
Public Records
Off Street
Asphalt
State Road
4566
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Freeby Lai Real Estate
(570) 600-6561
Listed By:
Don Jordan
Source:
Smartwayamerica
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 8 at 5:12PM
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 Freeby Lai Real Estate
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Investment Insights
Based on property information with market context.
Dating to 1860, this 4,566-square-foot Victorian building combines commercial space on its main and lower levels with a residential unit above. The business areas include reception space, private offices, and storage. The upper-floor home has living and dining rooms, a family room, a kitchen, two bedrooms, and one and a half baths.
The property is on W Broad Street in downtown Bethlehem and is zoned CL. Its arrangement brings office or business space and a separate residence together within one building.
The property is on W Broad Street in downtown Bethlehem and is zoned CL. Its arrangement brings office or business space and a separate residence together within one building.
Key Highlights
- 4,566‑square‑foot Victorian building constructed in 1860
- Commercial areas on the main and lower levels with reception space, private offices, and storage
- Upstairs residence includes two bedrooms and one and a half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,001
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,020
$940.0K
Cap Rate 7%
$671,443
$671.4K
Cap Rate 9%
$522,233
$522.2K
Market Conditions
NOI Build-Up for 4,566 SF
Gross rent
$82.2K $18.00/SF
− Vacancy
−$7.0K −$1.53/SF
EGI
$75.2K $16.47/SF
− OpEx
−$28.2K −$6.18/SF
NOI
$47.0K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,020
Cap Rate 7%
$671,443
Cap Rate 9%
$522,233
Alternative Uses
Best Use
Mixed Use
$671.4K
$587.5K – $783.4K
NOI $47,001 @ 7.0% cap · market cap 8.55%
Second Best
Office B
$476.3K
$416.8K – $555.7K
NOI $33,342 @ 7.0% cap · market cap 6.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 18018, PA
32,388
Population
14,669
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,228
Density / Sq Mi
$71,968
Median Household Income
$43,471
Median Earnings
$1,261
Median Rent
$224,000
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Lehigh County, PA
Properties on Market for Mixed-use properties in Lehigh County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial rooms on the lower floors sit beneath an upstairs residence with two bedrooms and one and a half baths.
Where is this mixed-use property located?
The property is located at 205 W Broad Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,566‑square‑foot Victorian building constructed in 1860; Commercial areas on the main and lower levels with reception space, private offices, and storage; Upstairs residence includes two bedrooms and one and a half baths
