Mixed-Use Building with Restaurant
For Sale
$425,000
49 N Broad St, Nazareth, PA 18064
Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.
Property Size2,772 SF
Price / SF$153.32
Days on Market139
Property Features for 49 N Broad St
General Information
Standard status
Active
Size
2,772 SF
Additional Details
Multifamily Units
1
Building Details
Year Built
1930
Stories
2
Listing Agency:
Coletta Commercial Realty
Listed By:
Nicholas A. D'Egidio, Mario B. D'Egidio
(732) 746-3051
Source:
Jennysoldmine
Added: Jun 3
Changed: Oct 14
Last Checked: Oct 7 at 4:24PM
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 Coletta Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes approximately 1,350 SF of ground-level commercial space with approvals for a range of concepts, including cafe, bakery, dine-in or take-out restaurant, other food & beverage uses, retail, and personal service businesses. The second floor features a spacious 3 bedroom, 1 bath apartment. The residential unit is currently occupied by tenants on a month-to-month lease.
The property is located at 49 N Broad St in Nazareth, PA. The configuration supports a live-in-or-lease model, with separate commercial and residential components on two levels.
For investors, the occupied apartment provides immediate rental income while the ground-level space can support multiple business types consistent with the listed approvals. For owner-occupants, the building offers flexibility to run an approved food, retail, or personal service operation on the first level while maintaining residential income from the second floor. The property may also be purchased together with the neighboring sister mixed-use property (MLS#777131) as part of a portfolio sale, depending on investor goals.
The property is located at 49 N Broad St in Nazareth, PA. The configuration supports a live-in-or-lease model, with separate commercial and residential components on two levels.
For investors, the occupied apartment provides immediate rental income while the ground-level space can support multiple business types consistent with the listed approvals. For owner-occupants, the building offers flexibility to run an approved food, retail, or personal service operation on the first level while maintaining residential income from the second floor. The property may also be purchased together with the neighboring sister mixed-use property (MLS#777131) as part of a portfolio sale, depending on investor goals.
Key Highlights
- Approximately 1,350 SF of ground‑floor commercial space with approvals for cafe, bakery, and dine‑in or take‑out restaurant uses
- Approved uses also include other food & beverage concepts, retail, and personal service businesses
- Second‑floor 3‑bedroom, 1‑bath apartment is currently tenant‑occupied on a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,753
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,060
$575.1K
Cap Rate 7%
$410,757
$410.8K
Cap Rate 9%
$319,478
$319.5K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$41.6K $15.00/SF
− Vacancy
−$3.2K −$1.17/SF
EGI
$38.3K $13.83/SF
− OpEx
−$9.6K −$3.46/SF
NOI
$28.8K $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%
$575,060
Cap Rate 7%
$410,757
Cap Rate 9%
$319,478
Alternative Uses
Best Use
Specialty Retail
$410.8K
$359.4K – $479.2K
NOI $28,753 @ 7.0% cap · market cap 6.77%
Second Best
Mixed Use
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$525.8K
$460.0K – $613.4K
NOI $36,803 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 18064, PA
27,696
Population
10,659
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
719
Density / Sq Mi
$102,857
Median Household Income
$58,471
Median Earnings
$1,235
Median Rent
$354,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.
Where is this mixed-use property located?
The property is located at 49 N Broad St Nazareth, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 1,350 SF of ground‑floor commercial space with approvals for cafe, bakery, and dine‑in or take‑out restaurant uses; Approved uses also include other food & beverage concepts, retail, and personal service businesses; Second‑floor 3‑bedroom, 1‑bath apartment is currently tenant‑occupied on a month‑to‑month lease
