Mixed-Use Downtown Income
For Sale
$1,450,000
425 Northampton St, Easton, PA 18042
Four-story mixed-use property with ground-floor restaurant and grocery plus three-bedroom apartments above.
Property Size8,382 SF
Price / SF$172.99
Days on Market143
Property Features for 425 Northampton St
General Information
Standard status
Active
Size
8,382 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1900
Stories
4
Tenancy
Multi
Listing Agency:
CENTURY 21 Keim Realtors
Listed By:
Annmarie Baker
(484) 764-8651
Source:
Jennysoldmine
Added: Jun 3
Changed: Oct 13
Last Checked: Oct 7 at 3:30PM
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 CENTURY 21 Keim Realtors
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Investment Insights
Based on property information with market context.
This four-story mixed-use income building offers separate ground-floor space currently operating as a restaurant and a grocery store. The property also includes three spacious three-bedroom apartments, providing residential units in addition to street-level retail use. The offering is described as fully equipped with furniture, kitchen appliances, and equipment.
The building is located in downtown Easton and is stated to be easily accessible to Route 22 and I-78, supporting convenient day-to-day access for customers and residents.
For tenants, operators, or buyers seeking a multi-income configuration, the combination of two active first-level businesses with residential units above can support multiple revenue streams within a single property. The equipment and furnishings included for the restaurant and grocery components may reduce turnover costs for an incoming owner or operator, while the apartment layout provides practical diversification within the same address.
The building is located in downtown Easton and is stated to be easily accessible to Route 22 and I-78, supporting convenient day-to-day access for customers and residents.
For tenants, operators, or buyers seeking a multi-income configuration, the combination of two active first-level businesses with residential units above can support multiple revenue streams within a single property. The equipment and furnishings included for the restaurant and grocery components may reduce turnover costs for an incoming owner or operator, while the apartment layout provides practical diversification within the same address.
Key Highlights
- Approximately 8,320 SF four‑story mixed‑use building in downtown Easton
- Ground floor includes two separate businesses: restaurant and grocery store
- Above the businesses are three spacious 3‑bedroom apartments
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
NOI $86,942 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$927.4K
$811.5K – $1.08M
NOI $64,917 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,286 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,707
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Four-story mixed-use property with ground-floor restaurant and grocery plus three-bedroom apartments above.
Where is this triplex located?
The property is located at 425 Northampton St 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: Approximately 8,320 SF four‑story mixed‑use building in downtown Easton; Ground floor includes two separate businesses: restaurant and grocery store; Above the businesses are three spacious 3‑bedroom apartments
