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Downtown Easton Building with Potential

411-419 Northampton St, Easton, PA 18042

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For Sale

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Two-story building in downtown Easton with redevelopment potential.

Type:Retail

Property size:

11,285 SF

Price / SF:

$123/SF

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Please call us for current price
and status of this listing

Joe Paranee

Real Estate License ID: RB068724

HighLights

Prime downtown Easton location in the thriving Lehigh Valley.
Versatile 2‑story structure suitable for restaurant, entertainment venue, retail, gallery, or residential redevelopment.
Potential for building up to increase space and value.
Grand architectural features including oversized sweeping staircases and open grand spaces.
Excellent access to major highways and local attractions.
Formerly used as a restaurant/club, offering potential for similar use.

Learn more

For Sale

Contact for pricing

Two-story building in downtown Easton with redevelopment potential.

Type:Retail

Property size:

11,285 SF

Price / SF:

$123/SF

Added:: Nov 8, 2022
Days on Market:: 1311
Last Refresh:: May 19 at 9:01 pm

Property Features for 411-419 Northampton St

General Information

Standard status: Active
Size: 11,285 SF
Property subtype: Retail

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Listing Contact

Joe Paranee

Listing agent Joe Paranee License #RB068724

Listing office Paranee Property Management

Listing date Nov 8, 2022

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 Paranee Property Management

HighLights

Prime downtown Easton location in the thriving Lehigh Valley.
Versatile 2‑story structure suitable for restaurant, entertainment venue, retail, gallery, or residential redevelopment.
Potential for building up to increase space and value.
Grand architectural features including oversized sweeping staircases and open grand spaces.
Excellent access to major highways and local attractions.
Formerly used as a restaurant/club, offering potential for similar use.

Overview

Located in bustling downtown Easton in the thriving Lehigh Valley, this two-story building was formerly used as a restaurant club. It features notable architecture and potential for redevelopment. The structure could serve as a restaurant or entertainment venue, with grand, oversized sweeping staircases and open spaces. Redevelopment possibilities include retail, restaurant, or gallery space on the first floor, with a residential component on the second floor. Building up is also a possibility. The property has access to major highways and attractions in the area. The building's size is 11285 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$169.3k	$15.00
− Vacancy	−$13.2k	−$1.17
EGI	$156.1k	$13.83
− OpEx	−$39.0k	−$3.46
NOI	$117.1k	$10.37

11,285 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $117,054 @ 7.0% cap · market cap 8.37%

Second Best

Mixed Use

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,261 @ 7.0% cap · market cap 8.17%

Theoretical Best

Office A

$2.14M

$1.87M – $2.50M (±1% cap)

NOI $149,829 @ 7.0% cap · market cap 10.71%

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

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Easton
County: Northampton
State: Pennsylvania
Longitude: -75.211935
Latitude: 40.691508

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For sale
Retail space
PA
Easton
18042
411-419 Northampton St

What type of property is this?

Retail space - Two-story building in downtown Easton with redevelopment potential.

Where is this retail space located?

The property is located at 411-419 Northampton St Easton, PA.

What is the asking price?

The asking price for this property is $1,399,000.

What are key features of this property?

This property features: Prime downtown Easton location in the thriving Lehigh Valley.; Versatile 2‑story structure suitable for restaurant, entertainment venue, retail, gallery, or residential redevelopment.; Potential for building up to increase space and value.