7-Unit Mixed-Use
New
For Sale
$1,475,000
3348 Easton Avenue, Bethlehem, PA 18020
CommercialSale, Bethlehem Twp, PA
Property Size6,886 SF
Lot Size0.04 Acres
Price / SF$214.20
Days on Market3
Property Features for 3348 Easton Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
05NC
Parking
23
Parking features
Off Street, Parking Lot
Directions
From 33 South exit right onto William Penn Highway. Continue on William Penn, road turns into Easton Avenue. Arrive at 3348 Easton Ave. on left.
Subdivision
Bethlehem Twp.
Standard status
Active
Size
6,886 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7039
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
luxury vinyl plank flooring
upscale lighting
exposed brick accents
ADA-compliant commercial restrooms
Building Details
Year built
1940
Number of units
7
Flooring type
Vinyl, Wood
Building materials
VinylSiding
Roof type
Composition
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Kyle Kerecman
(484) 291-1422
Added: Oct 7
Changed: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# 785892
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 6,886-square-foot mixed-use property contains seven units: four commercial and three residential. Renovations include work to the flooring, siding, roof, electrical systems, and HVAC. Interior details include vinyl plank flooring, exposed brick, and updated lighting; the commercial restrooms are ADA-compliant. The building dates to 1940 and has 05NC zoning.
Located at 3348 Easton Avenue in Bethlehem Township, the property sits on a commercial corridor with reported daily traffic of approximately 15,000–20,000 vehicles. The parcel measures 0.035 acres. Public water and sewer serve the site, and parking includes off-street spaces and a lot.
The property is reported at a 7% cap rate. Tenants cover the majority of utility costs.
Located at 3348 Easton Avenue in Bethlehem Township, the property sits on a commercial corridor with reported daily traffic of approximately 15,000–20,000 vehicles. The parcel measures 0.035 acres. Public water and sewer serve the site, and parking includes off-street spaces and a lot.
The property is reported at a 7% cap rate. Tenants cover the majority of utility costs.
Key Highlights
- Seven units: 4 commercial and 3 residential
- 6,886 square feet on a 0.035‑acre parcel
- Reported 7% cap rate; tenants pay most utility costs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,721
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,420
$1.4M
Cap Rate 7%
$996,014
$996.0K
Cap Rate 9%
$774,678
$774.7K
Market Conditions
NOI Build-Up for 6,886 SF
Gross rent
$123.9K $18.00/SF
− Vacancy
−$12.4K −$1.80/SF
EGI
$111.6K $16.20/SF
− OpEx
−$41.8K −$6.07/SF
NOI
$69.7K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,420
Cap Rate 7%
$996,014
Cap Rate 9%
$774,678
Alternative Uses
Best Use
Mixed Use
$996.0K
$871.5K – $1.16M
NOI $69,721 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,424 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 18020, PA
20,582
Population
7,940
Households
2.6
Avg Household Size
45
Median Age
42%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
1,583
Density / Sq Mi
$122,610
Median Household Income
$53,144
Median Earnings
$1,493
Median Rent
$348,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential spaces share a renovated building along Easton Avenue.
Where is this mixed-use property located?
The property is located at 3348 Easton Avenue Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Seven units: 4 commercial and 3 residential; 6,886 square feet on a 0.035‑acre parcel; Reported 7% cap rate; tenants pay most utility costs
