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Four-Story Mixed-Use Property
For Sale
$1,450,000

425 429 Northampton Street, Easton, PA 18042

CommercialSale, Easton, PA

Property Size8,382 SF
Price / SF$172.99
Days on Market920

Property Features for 425 429 Northampton Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning BRI
Parking 8
Security features Security
Elementary school district Easton
Middle school district Easton
High school district Easton
Directions 22 E, Exit 13th St. onto Wood Ave., Right on 10th St., left on Northampton St., property on left. Free parking in the back.
Subdivision Easton
Standard status Active
APN L9SE2A 9 9 0310
Size 8,382 SF

Taxes and HOA fees

Tax Annual Amount 11619

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Cooling system Wall Unit(s), Window Unit(s), Central Air
Water source Public

Building Details

Year built 1900
Building materials Brick, Masonry
Listing Agency: CENTURY 21 Keim Realtors · Century 21 Real Estate
Listed By: Annmarie Baker
Added: Apr 1, 2024 Changed: Oct 6 Last Checked: Oct 7 at 9:06PM
MLS# 735423

Copyright © 2026 Greater Lehigh Valley 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 four-story mixed-use property combines two separate commercial operations on the first level with three three-bedroom apartments above. The ground-floor component includes a restaurant and a grocery store, while the residential portion adds multifamily income space within the same building. Furniture, kitchen appliances, and business equipment are included. The structure dates to 1900 and uses brick and masonry construction, with natural gas and electric heating, window and wall units, and central air conditioning. Public water and public sewer serve the property.

Located in downtown Easton at 425–429 Northampton Street, the building offers access to Route 22 and I-78. Zoning is designated BRI, and the property is situated in Easton, Northampton County, Pennsylvania.

Key Highlights

  • Four‑story mixed‑use building with two first‑level businesses and three apartments
  • Three 3‑bedroom apartments included in the residential component
  • Separate restaurant and grocery store uses occupy the first level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,942
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,840 $1.7M
Cap Rate 7%
$1,242,029 $1.2M
Cap Rate 9%
$966,022 $966.0K
Market Conditions
NOI Build-Up for 8,382 SF
Gross rent
$125.7K $15.00/SF
− Vacancy
−$9.8K −$1.17/SF
EGI
$115.9K $13.83/SF
− OpEx
−$29.0K −$3.46/SF
NOI
$86.9K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,840
Cap Rate 7%
$1,242,029
Cap Rate 9%
$966,022

Alternative Uses

Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,942 @ 7.0% cap · market cap 6.00%
Second Best
Mixed Use
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,868 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,286 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Love Pho & PL ... Restaurant Vietnamese Noodle House Restaurant

Suggested Use

Top Pick Real Estate Agency Pharmacy Building Supply Daycare Center Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,707
Businesses Nearby

Demographics for 18042, PA

44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level restaurant and grocery uses accompany three three-bedroom apartments in downtown Easton.
Where is this mixed-use property located?
The property is located at 425 429 Northampton Street Easton, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four‑story mixed‑use building with two first‑level businesses and three apartments; Three 3‑bedroom apartments included in the residential component; Separate restaurant and grocery store uses occupy the first level
More about this property
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