Medical Office
New
For Sale
$1,300,000
225 Main Erdman Street, Bangor, PA 18013
CommercialSale, Bangor Boro, PA
Property Size7,794 SF
Lot Size0.59 Acres
Price / SF$166.79
Days on Market3
Property Features for 225 Main Erdman Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
30
Parking features
On Street, Parking Lot
Elementary school district
Bangor
Middle school district
Bangor
High school district
Bangor
Directions
From Bangor take 512 N to building on R
Subdivision
Bangor
Standard status
Active
APN
E9 7 2 0102
Lot size
0.59 Acres
Taxes and HOA fees
Tax Annual Amount
28331
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1994
Building materials
Brick
Listing Agency:
Home Team Real Estate
(610) 419-8888
Listed By:
Jason R. Kocsis
(610) 972-8542
Added: Oct 21
Last Checked: Oct 23 at 3:06AM
MLS# 786734
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,794-square-foot medical office property is a brick building constructed in 1994. A new roof and HVAC system are in place, with electric heat and central air. The 0.591-acre parcel is served by public water and sewer.
On-street parking and a parking lot provide parking options at 225 Main Erdman Street in Bangor, Pennsylvania.
On-street parking and a parking lot provide parking options at 225 Main Erdman Street in Bangor, Pennsylvania.
Key Highlights
- 7,794 square feet of medical office space
- 0.591‑acre parcel
- New roof and HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,843
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,616,860
$1.6M
Cap Rate 7%
$1,154,900
$1.2M
Cap Rate 9%
$898,256
$898.3K
Market Conditions
NOI Build-Up for 7,794 SF
Gross rent
$116.9K $15.00/SF
− Vacancy
−$9.1K −$1.17/SF
EGI
$107.8K $13.83/SF
− OpEx
−$26.9K −$3.46/SF
NOI
$80.8K $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%
$1,616,860
Cap Rate 7%
$1,154,900
Cap Rate 9%
$898,256
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.35M
NOI $80,843 @ 7.0% cap · market cap 6.22%
Second Best
Healthcare Medical
$813.1K
$711.4K – $948.6K
NOI $56,914 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,479 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18013, PA
17,436
Population
7,401
Households
2.4
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
63.0 sq mi
ZIP Area
277
Density / Sq Mi
$76,116
Median Household Income
$37,107
Median Earnings
$1,088
Median Rent
$245,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 1994 brick facility has updated roof and HVAC systems for professional office or medical use.
Where is this medical office space located?
The property is located at 225 Main Erdman Street Bangor, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 7,794 square feet of medical office space; 0.591‑acre parcel; New roof and HVAC system
