Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Investment Property in Bethlehem Title is generated by Realmo AI

    306 E Broad St, Bethlehem, PA 18018

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully occupied two-unit property with commercial and residential income.

    Type:Multifamily
    Property size:
    2,068 SF
    Price / SF:
    $215/SF
    Added:
    Mar 16, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 19 at 11:30 pm

    Property Features for 306 E Broad St

    General Information

    Standard status
    Active
    Size
    2,068 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    James Reardon

    Listing agent James Reardon License #PA RS337438

    Listing office eXp Commercial

    Listing date Mar 16, 2026

    Source Crexi

    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 eXp Commercial

    HighLights

    • Generates $39,900 gross income and $30,926 net income.
    • Fully occupied with long‑term commercial tenant and leased residential unit, providing immediate cash flow.
    • Prime North Bethlehem location with strong tenant demand and rental stability.
    • Low operating expenses with landlord responsibilities limited to taxes, insurance, and water/sewer/trash.
    • Recently updated 2‑bedroom residential unit with new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting.
    • Established business occupies the commercial space, ensuring stable income.

    Overview

    This fully occupied mixed-use two-unit investment property generates $39,900 in gross income and $30,926 in net income. It features a street-level commercial unit occupied by a long-term business tenant and a 2-bedroom, 1-bath residential apartment on the upper floor. The residential unit was recently updated with new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting, and is currently leased with a tenant who moved in February 1, 2026. The commercial space is occupied by an established business. Landlord responsibilities are limited to taxes, insurance, and water/sewer/trash. Situated in a core Lehigh Valley location in North Bethlehem, the property benefits from strong tenant demand, proximity to local amenities, and long-term rental stability. The property size is 2068 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lehigh Valley Business ... Computer & Electronic Repair Ralph B Herbert ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.370227
    Latitude
    40.621881

    Nearby Similar for Sale

    • $399,900
      2,696 SF

      Bethlehem City Commercial Office Opportunity

      Professional office space in Bethlehem City, ideal for various businesses.
      115 E Broad Street, Bethlehem City, PA 18018
      View Details
    • $1,500,000
      4,051 SF

      Turnkey Bar/Restaurant with Real Estate

      Operating bar/restaurant with real estate, strong revenue, expansion potential.
      1635 Broadway, Bethlehem City, PA 18015
      View Details
    • $399,900
      2,696 SF

      Bethlehem Professional Office Opportunity

      Well-maintained office space suitable for various professional uses.
      115 E Broad Street, Bethlehem, PA 18018
      View Details
    • $999,500

      Turnkey Restaurant with Liquor License

      High-traffic restaurant with equipment, inventory, and liquor license included.
      1769 E National Pike, North Bethlehem, PA 15360
      View Details
    • $2,000,000
      6,666 SF

      Bethlehem City Commercial Opportunity

      Prime commercial building in Bethlehem's Historic Commercial District.
      81 W Broad Street, Bethlehem City, PA 18018
      View Details
    • $2,000
      5,276 SF

      Prime Corner Storefront with Charm

      Turn-key storefront with historic charm in Bethlehem City, PA.
      836 E 5th Street, Bethlehem City, PA 18015
      View Details
    • $1,500,000
      5,296 SF

      Versatile Commercial Property on 1.7 Acres

      Commercial property in high-traffic location with expansion potential.
      3839 Easton Avenue, Bethlehem Twp, PA 18020
      View Details
    • $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6th Street, Bethlehem City, PA 18015
      View Details
    • $1,375,000
      2,589 SF

      Bethlehem Land Development Opportunity

      Land for sale with commercial zoning in Bethlehem, PA.
      968 Hellertown Road, Bethlehem City, PA 18015
      View Details
    • $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6th Street, Bethlehem City, PA 18015
      View Details
    • $599,900
      4,082 SF

      Mixed-Use Property in Bethlehem City

      Unique mixed-use property with commercial space and residential units.
      431 W Union Boulevard, Bethlehem City, PA 18018
      View Details
    • $1,400
      2,008 SF

      Versatile Commercial Space in Bethlehem

      Move-in-ready commercial space suitable for various professional uses.
      630 W Broad Street, Bethlehem City, PA 18018
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully occupied two-unit property with commercial and residential income.
    Where is this mixed-use property located?
    The property is located at 306 E Broad St Bethlehem, PA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Generates $39,900 gross income and $30,926 net income.; Fully occupied with long‑term commercial tenant and leased residential unit, providing immediate cash flow.; Prime North Bethlehem location with strong tenant demand and rental stability.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    James Reardon
    Real Estate License ID: PA RS337438
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    306 E Broad St, Bethlehem, PA 18018
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!