Office-Configured Flex
431 Delaware Avenue, Palmerton, PA 18071
For Sale
$400,000
Pending
Commercial Sale, Palmerton, PA
Property Size5,958 SF
Lot Size0.22 Acres
Days on Market415
Property Features for 431 Delaware Avenue
General Information
Property type
Property subtype
Zoning description
Parking features
Lot features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
conference room
breakroom/kitchen
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Real Estate - Palmerton · Keller Williams Realty
(610) 826-8100
Listed By:
James A Christman
(570) 421-2890
Added: Sep 24, 2025
Changed: Nov 9
Last Checked: Nov 12 at 7:06PM
MLS# PM-135970
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,958-square-foot flex property sits on a 0.22-acre parcel and has a layout with reception, two conference rooms, an open central area, six private offices, a workshop and copy room, kitchen and break space, storage, and utility rooms. Two men’s restrooms and two women’s restrooms serve the building. Features include 13-foot ceilings, central air conditioning, natural gas boiler heat, and 3-phase electric service. The building dates to 1930 and is served by public water and sewer.
The property has 112 feet of frontage and a lot depth of 160 feet, with 30 off-street parking spaces. Its zoning designation is Commercial Downtown. Carpet and tile flooring are present, and the roof is flat rubber.
The property has 112 feet of frontage and a lot depth of 160 feet, with 30 off-street parking spaces. Its zoning designation is Commercial Downtown. Carpet and tile flooring are present, and the roof is flat rubber.
Key Highlights
- 5,958 square feet on a 0.22‑acre parcel
- Six private offices, two conference rooms, reception area, open central space, and workshop/copy room
- 30 off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,345
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,900
$646.9K
Cap Rate 7%
$462,071
$462.1K
Cap Rate 9%
$359,389
$359.4K
Market Conditions
NOI Build-Up for 5,958 SF
Gross rent
$46.5K $7.80/SF
− Vacancy
−$3.3K −$0.56/SF
EGI
$43.1K $7.24/SF
− OpEx
−$10.8K −$1.81/SF
NOI
$32.3K $5.43/SF
Area
Carbon County, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,900
Cap Rate 7%
$462,071
Cap Rate 9%
$359,389
Alternative Uses
Best Use
Office B
$462.1K
$404.3K – $539.1K
NOI $32,345 @ 7.0% cap · market cap 8.09%
Second Best
Industrial
$383.1K
$335.2K – $446.9K
NOI $26,815 @ 7.0% cap · market cap 6.70%
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.37M
NOI $81,934 @ 7.0% cap · market cap 20.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
13 ft
Clear height
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18071, PA
10,688
Population
5,082
Households
2.1
Avg Household Size
45
Median Age
16%
College-Educated
89%
High-School Grad
31.1 sq mi
ZIP Area
344
Density / Sq Mi
$70,996
Median Household Income
$43,479
Median Earnings
$949
Median Rent
$195,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A varied office layout includes private rooms, conference areas, reception space, and a kitchen.
Where is this flex space located?
The property is located at 431 Delaware Avenue Palmerton, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 5,958 square feet on a 0.22‑acre parcel; Six private offices, two conference rooms, reception area, open central space, and workshop/copy room; 30 off‑street parking spaces
