Downtown Easton Building with
411-419 Northampton St Easton, PA 18042
For Sale
Contact for pricing
Pending
Two-story building in downtown Easton with redevelopment potential.
Property Size11,285 SF
Days on Market1357
Property Features for 411-419 Northampton St
General Information
Standard status
Pending
Size
11,285 SF
Property subtype
Retail
Listing Agency:
Paranee Property Management
Listed By:
Joe Paranee · License #RB068724
Source:
Crexi
Added: Nov 8, 2022
Changed: Jul 10
Last Checked: Jul 26 at 5:55AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.4k | $12.00 |
| − Vacancy | −$10.6k | −$0.94 |
| EGI | $124.9k | $11.06 |
| − OpEx | −$37.5k | −$3.32 |
| NOI | $87.4k | $7.74 |
11,285 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,400 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,829 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
