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Restaurant Space with Kitchen Equipment
For Lease
$28 SF/Yr

518 E 3rd, Bethlehem, PA 18015

Newer dining space along a walkable urban corridor with nearby municipal parking.

Space Size2,000 SF
Days on Market11

Property Features for 518 E 3rd

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Restaurant

Site & Location

Traffic Count 17,000 vehicles/day
Highway Access Yes

Additional Details

Equipment Included Yes

Building Details

Year Built 2020
Listing Agency: Addison Wolfe Real Estate
Listed By: Carle B. Robbins III · License #AB068561
Source: Jennysoldmine
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 8:32PM

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 Addison Wolfe Real Estate

Investment Insights

Based on property information with market context.

Restaurant space at Five10 Flats with existing kitchen equipment and a 2020 construction date. The property is positioned along E. 3rd Street in South Bethlehem, within a dining and entertainment district with active pedestrian movement.

The site is near two municipal parking lots and offers access to I-78. Nearby destinations include Lehigh University, SteelStacks, Wind Creek Bethlehem, Lehigh Valley Charter High School for the Arts, and Northampton Community College. The property is located at 518 E 3rd, Bethlehem City, PA 18015.

Key Highlights

  • Existing kitchen equipment included
  • Built in 2020
  • E. 3rd Street corridor with pedestrian activity

Property Analytics

Current Use

Handheldz Restaurant Hummus House II ... Restaurant Hummus House II Restaurant

Suggested Use

Top Pick Travel Agency Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Home Appliance Store

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

17,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,101
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 19% Hotels & Casinos 9%
McDonald's Dining
23,780 visits/mo 0.2 miles
Wendy's Dining
14,468 visits/mo 0.2 miles
Perkins Restaurant & Bakery Dining
7,585 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,199 visits/mo 0.3 miles
Comfort Suites Hotels & Casinos
7,055 visits/mo 0.3 miles

Demographics for 18015, PA

33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Newer dining space along a walkable urban corridor with nearby municipal parking.
Where is this conventional restaurant located?
The property is located at 518 E 3rd Bethlehem, PA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Existing kitchen equipment included; Built in 2020; E. 3rd Street corridor with pedestrian activity
More about this property
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