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Mixed-Use Building with Auditorium
For Sale
$1,800,000

5093 Vera Cruz Road, Emmaus, PA 18049

The building combines residential quarters, former school spaces, and a cafeteria-gymnasium-auditorium area.

Property Size11,148 SF
Lot Size2.50 Acres
Price / SF$161.46
Days on Market12

Property Features for 5093 Vera Cruz Road

General Information

Standard status Active
Size 11,148 SF
Lot size 2.50 Acres
Property subtype Residential Income
Zoning R-SR

Additional Details

Utilities to Site Yes
Multifamily Units 1
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $9,026

Amenities

sauna
laundry
2
true
4
Furnished
1
Washer Hookup
Assessor
Furnished,Handicap Access
false
Well
109771
65
200 x 413 Irreg
2.52
Public Records
Off Street,Parking Lot

Building Details

Year Built 1927
Buildings 1
Stories 1
Listing Agency: Rudy Amelio Real Estate
Listed By: Amy Roth
Source: Haven
Added: Oct 21 Changed: Oct 31 Last Checked: Oct 31 at 2:27AM

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 Rudy Amelio Real Estate

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Investment Insights

Based on property information with market context.

Built in 1927, this 11,148-square-foot mixed-use building has residential space at the front, three classrooms and an office in the middle, and a cafeteria with a gymnasium, auditorium, stage, and backstage room at the rear. The residence includes two bedrooms, two bathrooms, a kitchen, laundry, and two saunas. Basement space includes a library, utility room, and storage. The property has a new roof, and the first floor is handicap accessible.

The layout can function as one building or be divided into at least four sections. Site features include a large parking lot, public sewer, and a well. The property is zoned R-SR.

Key Highlights

  • 11,148‑square‑foot building on a 2.52‑acre parcel
  • Residential area includes two bedrooms, two bathrooms, laundry, and two saunas
  • Three classrooms, principal’s office, cafeteria, gymnasium, and auditorium

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$114,755
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,295,100 $2.3M
Cap Rate 7%
$1,639,357 $1.6M
Cap Rate 9%
$1,275,056 $1.3M
Market Conditions
NOI Build-Up for 11,148 SF
Gross rent
$200.7K $18.00/SF
− Vacancy
−$17.1K −$1.53/SF
EGI
$183.6K $16.47/SF
− OpEx
−$68.9K −$6.18/SF
NOI
$114.8K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,295,100
Cap Rate 7%
$1,639,357
Cap Rate 9%
$1,275,056

Alternative Uses

Best Use
Mixed Use
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,755 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$930.3K
$814.1K – $1.09M (±1% cap)
NOI $65,124 @ 7.0% cap · market cap 3.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Artinger Custom Guitars (Bike/Boat/Book/etc) Store Glenn J. Kane ... General Contractor Wellness Center at Jasper ... Weight Loss Service

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Parts Store HVAC Service Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 18049, PA

18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines residential quarters, former school spaces, and a cafeteria-gymnasium-auditorium area.
Where is this mixed-use property located?
The property is located at 5093 Vera Cruz Road Emmaus, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 11,148‑square‑foot building on a 2.52‑acre parcel; Residential area includes two bedrooms, two bathrooms, laundry, and two saunas; Three classrooms, principal’s office, cafeteria, gymnasium, and auditorium
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