Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Downtown Income Building Title is generated by Realmo AI

    425 NORTHAMPTON ST, Easton, PA 18042

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Four-story mixed-use property with ground-floor restaurant and grocery plus three-bedroom apartments above.

    Type:Retail, Multifamily
    Property size:
    8,382 SF
    Price / SF:
    $172/SF
    Added:
    Jun 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 3:19 am

    Property Features for 425 NORTHAMPTON ST

    General Information

    Standard status
    Active
    Size
    8,382 SF
    Property subtype
    Retail, Multifamily

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Loren Keim

    Listing agent Loren Keim License #PA

    Listing office Century 21 KEIM REALTORS Allentown

    Listing date Jun 2, 2026

    Source Crexi

    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 Allentown

    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
    • Property includes furniture plus kitchen appliances and equipment
    • Convenient access to Route 22 and I‑78

    Overview

    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.

    Local Financial Insights For Specialty 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 $125.7k $15.00
    − Vacancy −$9.8k −$1.17
    EGI $115.9k $13.83
    − OpEx −$29.0k −$3.46
    NOI $86.9k $10.37
    8,382 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

    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
    Retail
    $927.4K
    $811.5K – $1.08M (±1% cap)
    NOI $64,917 @ 7.0% cap · market cap 4.48%
    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 local authorities.
    Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.211738
    Latitude
    40.69152

    Nearby Similar for Sale

    • $2,333,375
      13,905 SF

      Three-Level Medical Office Building

      Three-level building with ground-floor dental tenancy and vacant lower and second floors for flexible use.
      5250 Freemansburg Avenue, Bethlehem Twp, PA 18045
      View Details
    • $950,000
      6,341 SF

      Easton Laundromat with Apartment Income

      Three-unit laundromat with two apartments on heavily traveled street.
      1811 Butler Street, Easton, PA 18042
      View Details
    • $1,295,000
      4,154 SF

      Seven-Unit Apartment Building with Garage

      Seven apartments plus a detached, multi-bay garage with separate electric and heat for each unit.
      133 Cattell Street, Easton, PA 18042
      View Details
    • $450,000
      5,792 SF

      Versatile Mixed-Use Property in Easton

      Spacious property in Easton's West Ward, ideal for homeowners/investors.
      768 Washington Street, Easton, PA 18042
      View Details
    • $395,000
      1,000 SF

      Easton Commercial Building on 1.9 Acres

      Commercial building on 1.9 acres near 25th St. and 78.
      1005 Berger Road, Easton, PA 18042
      View Details
    • $17
      74,039 SF

      Iconic Easton Building with High Ceilings

      Move-in ready 5,300 SF suite in downtown Easton.
      1 S 3rd Street, Easton, PA 18017
      View Details
    • $549,900
      4,477 SF

      Turnkey Dental Office with Income

      Commercial property with dental office and residential income units.
      1810 Washington Boulevard, Easton, PA 18042
      View Details
    • $7
      20,096 SF

      Freestanding Retail Corner Building

      Single-tenant retail and commercial building on a signalized corner parcel with central air and public utilities.
      1298 Spruce Street, Easton, PA 18042
      View Details
    • $2,850
      4,750 SF

      Medical/Professional Office Space Available

      4,750 SF suite ideal for medical or professional office use.
      3735 Easton Nazareth Highway, Lower Nazareth Twp, PA 18045
      View Details
    • $450,000
      3,342 SF

      Easton Three-Unit Property on Ferry

      Well-maintained three-unit property in Easton's West Ward.
      1113 Ferry Street, Easton, PA 18042
      View Details
    • $389,000
      1,960 SF

      Easton Two-Unit Property For Sale

      Well-maintained two-unit property in Easton with detached garage.
      1029 Ferry Street, Easton, PA 18042
      View Details
    • $179,900
      6,750 SF

      Established Brewery Business For Sale

      Profitable brewery with loyal customer base in dynamic industrial hub.
      1247 Simon Boulevard, Easton, PA 18042
      View Details

    FAQs

    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
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Loren Keim
    Real Estate License ID: PA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    425 NORTHAMPTON ST, EASTON, PA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!