Mixed-Use Building with Ground-Level
For Sale
$425,000
49 North Broad Street, Nazareth, PA 18064
Ground-level commercial space includes approvals for multiple food, retail, and personal service uses, plus an occupied two-story apartment.
Property Size2,772 SF
Days on Market604
Property Features for 49 North Broad Street
General Information
Standard status
Active
Size
2,772 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$3,919
Building Details
Building Size
2,772 SF
Year Built
1930
Listing Agency:
Coletta Commercial Realty
Listed By:
Nicholas A. D'Egidio
(267) 254-3743
Source:
Bhhspaulfordrealtors
Added: Mar 7, 2025
Changed: Oct 31
Last Checked: Oct 30 at 8:27PM
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
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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 building offers approximately 1,350 SF of ground-level commercial space with approvals for a variety of uses, including café, bakery, dine-in or take-out restaurant concepts, other food and beverage concepts, retail, and personal service businesses. The property also includes a second-floor apartment with three bedrooms and one bathroom.
The apartment is currently occupied by tenants on a month-to-month lease, providing immediate rental income with flexibility for future ownership plans. The building was constructed in 1930.
The property may also be purchased together with the neighboring sister mixed-use property as part of a portfolio sale (MLS#777131).
The apartment is currently occupied by tenants on a month-to-month lease, providing immediate rental income with flexibility for future ownership plans. The building was constructed in 1930.
The property may also be purchased together with the neighboring sister mixed-use property as part of a portfolio sale (MLS#777131).
Key Highlights
- Approximately 1,350 SF ground‑level commercial space approved for multiple use types
- Approvals include café, bakery, dine‑in or take‑out restaurant and other food & beverage concepts
- Ground‑level also approved for retail and personal service businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,067
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,340
$561.3K
Cap Rate 7%
$400,957
$401.0K
Cap Rate 9%
$311,856
$311.9K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$49.9K $18.00/SF
− Vacancy
−$5.0K −$1.80/SF
EGI
$44.9K $16.20/SF
− OpEx
−$16.8K −$6.07/SF
NOI
$28.1K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,340
Cap Rate 7%
$400,957
Cap Rate 9%
$311,856
Alternative Uses
Best Use
Mixed Use
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 6.60%
Second Best
Retail
$306.7K
$268.4K – $357.8K
NOI $21,469 @ 7.0% cap · market cap 5.05%
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
Current Use
Location Intelligence
Trade Area within ½ mile
212
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
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-level commercial space includes approvals for multiple food, retail, and personal service uses, plus an occupied two-story apartment.
Where is this mixed-use property located?
The property is located at 49 North Broad Street 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 ground‑level commercial space approved for multiple use types; Approvals include café, bakery, dine‑in or take‑out restaurant and other food & beverage concepts; Ground‑level also approved for retail and personal service businesses
