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Live-Work Jewelry Business Property

424 Grape Street Whitehall, PA 18052

424 Grape Street, Whitehall, PA, 18052
$900,000
For Sale
$900,000

SINGLE_FAMILY - Whitehall Twp, PA

Property Size5,774 SF
Price / SF$155.87
Days on Market69

Property Features for 424 Grape Street

General Information

Property type
Residential
Property subtype
Office
Standard status
Active
Size
5,774 SF

Building Details

Year built
1998
Listing agency BHHS Fox & Roach Bethlehem
Listed by Jon Wilcox
Added: May 16 Updated: Jul 23 at 8:48AM Checked: Jul 23 at 11:06AM
MLS# 777216

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This live-work property combines a custom residence with an attached commercial building that has customer and private home access. The attached building is approximately 800 square feet and has been operated as a jewelry business since 1998. The space includes illuminated display cases, an office area, a workshop, and a large permanent safe. Furnishings, equipment, and inventory may be negotiable, and conversion to office or other workspace may be desirable. Low-impact home occupations may be possible, subject to municipal approval.

The 4,400 square-foot custom home features 6 bedrooms and 6 1/2 baths, with hardwood flooring flowing through the first and second floors. Additional highlights include a gourmet kitchen with granite countertops and a center island, a large formal dining room, and a double-sided fireplace. A first-floor fitness room offers potential for a private office or studio, and the home also has a convenient first-floor laundry.

Outside, the property offers a fenced-in yard, a shaded patio beneath a birch tree, and a pool with a swim current. The home is located about three blocks from Lehigh Valley Mall, shopping, and restaurants.

Key Highlights

  • 4,400 SF custom home built in 1998 with 6 bedrooms and 6.5 baths
  • Attached approx. 800 SF building with both customer and private home access; currently operated as a jewelry business since 1998
  • Business space includes illuminated display cases, office area, workshop, and a large permanent safe (furnishings, equipment, and inventory may be negotiable)

Local Financial Insights For Mixed Use

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 $103.9k $18.00
− Vacancy −$8.8k −$1.53
EGI $95.1k $16.47
− OpEx −$35.7k −$6.18
NOI $59.4k $10.29
5,774 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$849.1K
$743.0K – $990.6K (±1% cap)
NOI $59,436 @ 7.0% cap · market cap 6.60%
Second Best
Office B
$602.3K
$527.0K – $702.7K (±1% cap)
NOI $42,163 @ 7.0% cap · market cap 4.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Storage Facility Accounting Firm Electrical Service Florist (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Daycare Center Restaurant Garden Center

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

FAQs

What type of property is this?
Live-work space - Attached customer-entrance building with an existing jewelry operation, paired with a custom residence.
Where is this live-work space located?
The property is located at 424 Grape Street Whitehall, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,400 SF custom home built in 1998 with 6 bedrooms and 6.5 baths; Attached approx. 800 SF building with both customer and private home access; currently operated as a jewelry business since 1998; Business space includes illuminated display cases, office area, workshop, and a large permanent safe (furnishings, equipment, and inventory may be negotiable)
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