Three-Unit Mixed-Use
For Sale
$699,900
342 Main St, Emmaus, PA 18049
Ground-floor barbershop with two upper-level apartments and on-site parking.
Property Size3,534 SF
Price / SF$198.05
Days on Market57
Property Features for 342 Main St
General Information
Standard status
Active
Size
3,534 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
BHGRE Valley Partners-Allentwn
Listed By:
Eric A. Rothenberger
(610) 730-3200
Source:
Jennysoldmine
Added: Aug 18
Changed: Oct 12
Last Checked: Oct 12 at 9:44PM
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 BHGRE Valley Partners-Allentwn
Investment Insights
Based on property information with market context.
This 3,534-square-foot mixed-use building contains three units arranged for both commercial and residential occupancy. The first floor is occupied by a barbershop, while the upper levels include a one-bedroom apartment and a two-bedroom apartment.
Located at 342 Main St in Emmaus, the property sits in the Triangle area along a heavily traveled corridor. On-site parking and street exposure support the commercial component, while the separate apartment layouts provide two residential units within the same building. Its downtown Emmaus setting combines retail and housing uses in one compact property.
Located at 342 Main St in Emmaus, the property sits in the Triangle area along a heavily traveled corridor. On-site parking and street exposure support the commercial component, while the separate apartment layouts provide two residential units within the same building. Its downtown Emmaus setting combines retail and housing uses in one compact property.
Key Highlights
- 3,534‑square‑foot mixed‑use building with 3 units
- First‑floor barbershop
- One‑bedroom apartment above the commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,378
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,560
$727.6K
Cap Rate 7%
$519,686
$519.7K
Cap Rate 9%
$404,200
$404.2K
Market Conditions
NOI Build-Up for 3,534 SF
Gross rent
$63.6K $18.00/SF
− Vacancy
−$5.4K −$1.53/SF
EGI
$58.2K $16.47/SF
− OpEx
−$21.8K −$6.18/SF
NOI
$36.4K $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%
$727,560
Cap Rate 7%
$519,686
Cap Rate 9%
$404,200
Alternative Uses
Best Use
Mixed Use
$519.7K
$454.7K – $606.3K
NOI $36,378 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$294.9K
$258.1K – $344.1K
NOI $20,645 @ 7.0% cap · market cap 2.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 18049, PA
18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor barbershop with two upper-level apartments and on-site parking.
Where is this mixed-use property located?
The property is located at 342 Main St Emmaus, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 3,534‑square‑foot mixed‑use building with 3 units; First‑floor barbershop; One‑bedroom apartment above the commercial space
