Mixed-Use Building With Freight
230 Ferry Street, Easton, PA 18042
For Sale
$3,470,000
ResidentialIncome, Easton, PA
Property Size40,000 SF
Lot Size0.32 Acres
Price / SF$106.99
Days on Market880
Property Features for 230 Ferry Street
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
interior courtyard
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
BHHS Paul Ford Easton · Prudential Real Estate
(610) 253-6123
Listed By:
Clay R. Mitman · License PA RM046330A
(610) 390-6752
Added: Jun 14, 2024
Changed: Oct 24
Last Checked: Nov 10 at 2:06AM
MLS# 739581
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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Investment Insights
Based on property information with market context.
Built in 1857, this mixed-use property combines commercial, creative, and residential components within a brick, frame, and stone building. The interior includes gallery and workshop areas, business offices, photography and fashion-design studios, a fitness gym, and space used by a florist. Residential accommodations include two three-bedroom apartments, an efficiency unit, and a penthouse with open living areas, private gallery space, and Delaware River and mountain views. Additional upper-level area has served as workshop and gallery space.
The property sits on 0.319 acres at 230 Ferry Street in Easton, Pennsylvania, within the B-RT-BUSINESS/REGIONAL TR zoning district. Building infrastructure includes a full sprinkler system, a serviced freight elevator serving all floors, and multiple loading docks. Six off-street parking spaces are provided, with additional on-street parking and a nearby city parking deck. Public water and public sewer serve the property.
The property sits on 0.319 acres at 230 Ferry Street in Easton, Pennsylvania, within the B-RT-BUSINESS/REGIONAL TR zoning district. Building infrastructure includes a full sprinkler system, a serviced freight elevator serving all floors, and multiple loading docks. Six off-street parking spaces are provided, with additional on-street parking and a nearby city parking deck. Public water and public sewer serve the property.
Key Highlights
- 32,434 square feet of mixed‑use property on 0.319 acres
- Two 3‑bedroom apartments, one efficiency apartment, and a penthouse residence
- Full sprinkler system, including the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$197,367
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,947,340
$3.9M
Cap Rate 7%
$2,819,529
$2.8M
Cap Rate 9%
$2,192,967
$2.2M
Market Conditions
NOI Build-Up for 32,434 SF
Gross rent
$389.2K $12.00/SF
− Vacancy
−$30.4K −$0.94/SF
EGI
$358.8K $11.06/SF
− OpEx
−$161.5K −$4.98/SF
NOI
$197.4K $6.09/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,947,340
Cap Rate 7%
$2,819,529
Cap Rate 9%
$2,192,967
Alternative Uses
Best Use
Office B
$4.81M
$4.21M – $5.61M
NOI $336,422 @ 7.0% cap · market cap 9.70%
Second Best
Mixed Use
$4.69M
$4.10M – $5.47M
NOI $328,394 @ 7.0% cap · market cap 9.46%
Theoretical Best
Office A
$6.15M
$5.38M – $7.18M
NOI $430,620 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,571
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
$205,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Northampton County, PA
Properties on Market for Mixed-use properties in Northampton County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic brick, frame, and stone property combines arts-oriented commercial areas with multiple residential units and loading access.
Where is this mixed-use property located?
The property is located at 230 Ferry Street Easton, PA.
What is the asking price?
The asking price for this property is $3,470,000.
What are key features of this property?
This property features: 32,434 square feet of mixed‑use property on 0.319 acres; Two 3‑bedroom apartments, one efficiency apartment, and a penthouse residence; Full sprinkler system, including the basement
