Mixed-Use Property with Business
424 Grape Street, Whitehall, PA 18052
For Sale
$875,000
An attached commercial building has separate customer access and is configured for jewelry work and display.
Property Size5,774 SF
Price / SF$151.54
Days on Market177
Property Features for 424 Grape Street
General Information
Standard status
Size
Property subtype
Additional Details
Mixed-Use Components
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
BHHS Fox & Roach Bethlehem
Listed By:
Jon Wilcox
(610) 865-0033
Source:
Redstonerun
Added: May 15
Changed: Nov 7
Last Checked: Nov 7 at 5:37PM
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 BHHS Fox & Roach Bethlehem
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Investment Insights
Based on property information with market context.
This mixed-use property pairs a custom residence with an attached commercial building of approximately 800 square feet. The commercial area is arranged for jewelry work and display, with its own customer entrance. The residence includes hardwood floors, a gourmet kitchen, formal dining room, double-sided fireplace, fitness room, loft, and basement recreation area. A separate staircase serves additional living quarters. The primary suite includes a sitting area, walk-in closet, and private bath. Outside, the fenced yard has a shaded patio and a pool with a swim current.
The property is located in Whitehall Township, three blocks from Lehigh Valley Mall, shopping, and restaurants. Built in 1998, it is offered with a clear certificate of occupancy.
The property is located in Whitehall Township, three blocks from Lehigh Valley Mall, shopping, and restaurants. Built in 1998, it is offered with a clear certificate of occupancy.
Key Highlights
- Attached commercial building of approximately 800 square feet
- Jewelry work and display areas with a separate customer entrance
- Residence includes a fitness room, loft, and basement recreation area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,436
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,720
$1.2M
Cap Rate 7%
$849,086
$849.1K
Cap Rate 9%
$660,400
$660.4K
Market Conditions
NOI Build-Up for 5,774 SF
Gross rent
$103.9K $18.00/SF
− Vacancy
−$8.8K −$1.53/SF
EGI
$95.1K $16.47/SF
− OpEx
−$35.7K −$6.18/SF
NOI
$59.4K $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%
$1,188,720
Cap Rate 7%
$849,086
Cap Rate 9%
$660,400
Alternative Uses
Best Use
Mixed Use
$849.1K
$743.0K – $990.6K
NOI $59,436 @ 7.0% cap · market cap 6.79%
Second Best
Office B
$602.3K
$527.0K – $702.7K
NOI $42,163 @ 7.0% cap · market cap 4.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
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Business Placement
Demographics for 18052, PA
29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Lehigh County, PA
Properties on Market for Mixed-use properties in Lehigh County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An attached commercial building has separate customer access and is configured for jewelry work and display.
Where is this mixed-use property located?
The property is located at 424 Grape Street Whitehall, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Attached commercial building of approximately 800 square feet; Jewelry work and display areas with a separate customer entrance; Residence includes a fitness room, loft, and basement recreation area
