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Mixed-Use Development Site

404 E 3rd St Bethlehem, PA 18015

404 E 3rd St, Bethlehem, PA, 18015
Contact for pricing
For Sale
Contact for pricing
Pending

Fee-simple mixed-use development site with by-right plans for 80 residential units and 7,695 sq. ft. of commercial space.

Property Size66,470 SF
Lot Size0.39 Acres
Days on Market505

Property Features for 404 E 3rd St

General Information

Standard status
Pending
Size
66,470 SF
Lot size
0.39 Acres
Property subtype
Mixed Use, Multifamily, Retail
Listing agency GREA
Listed by Ken Wellar · License #PA 10401252368
Source Crexi
Added: Mar 3, 2025 Updated: Jul 20 at 4:42PM Checked: Jul 20 at 4:42PM

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 GREA


Investment Insights

Based on property information with market context.

GREA (Global Real Estate Advisors) exclusively offers the fee-simple interest in a mixed-use development site at 404 E 3rd Street in Bethlehem, Pennsylvania. The property supports by-right construction of 80 residential units complemented by 7,695 square feet of commercial space. The 0.39-acre site is designed to integrate residential and retail uses on an efficient layout that accounts for a 10-foot elevation difference.

Retail components are planned for easy access from 3rd Street. Residents are served via a private entrance on Mechanic Street, creating separation between commercial and upper-floor residential access. The remarks also note the site is within an approximately 8-minute walk to most Lehigh University facilities, and that the 3rd Street corridor has daily traffic counts exceeding 22,000 vehicles.

To support development, current ownership secured nine waivers from the City of Bethlehem’s Planning Commission. The waivers addressed setbacks, parking requirements, impervious surface ratios, and unit counts, enabling the project to achieve the proposed density and functionality while meeting local regulations.

Key Highlights

  • Fee‑simple mixed‑use development site at 404 East Third Street in South Side Bethlehem, PA
  • By‑right plans for 80 residential units plus 7,695 sq. ft. of commercial space
  • 0.39‑acre parcel with design leveraging a 10‑foot elevation difference for efficient, accessible spaces

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

(Bike/Boat/Book/etc) Store Pet Store HVAC Service Pet Store & Service Tanning Salon Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Parts Store Travel Agency (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Fee-simple mixed-use development site with by-right plans for 80 residential units and 7,695 sq. ft. of commercial space.
Where is this mixed-use property located?
The property is located at 404 E 3rd St Bethlehem, PA.
What are key features of this property?
This property features: Fee‑simple mixed‑use development site at 404 East Third Street in South Side Bethlehem, PA; By‑right plans for 80 residential units plus 7,695 sq. ft. of commercial space; 0.39‑acre parcel with design leveraging a 10‑foot elevation difference for efficient, accessible spaces
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