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Mixed-Use Building with Apartments
New
For Sale
$1,995,000

52 S 5th Street, Emmaus, PA 18049

Hospitality equipment and an R liquor license are included with the property.

Property Size9,816 SF
Price / SF$203.24
Days on Market5

Property Features for 52 S 5th Street

General Information

Standard status Active
Size 9,816 SF
Property subtype ResidentialIncome
Zoning B-C-Central Commercial

Restaurant

Equipment Included Yes
Liquor License Yes

Units

Unit Mix 6 x 1BR, 2 x 2BR
Multifamily Units 8

Additional Details

Business Included Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $17,277

Amenities

true
3
Assessor
Public
7971
13
52.07 X 142.21 IRREG
0.183
PublicRecords
ParkingLot,OnStreet

Building Details

Year Built 1904
Stories 3
Listing Agency:
Listed By: Peter Flying Turtle
Source: Haven
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 9:03AM

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 Peter Flying Turtle

Rey
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Investment Insights

Based on property information with market context.

The 9,816-SF mixed-use property combines a commercial space with eight apartments: six one-bedroom units and two two-bedroom units. Bar and restaurant equipment and an R liquor license are included. The building dates to 1904 and is zoned B-C-Central Commercial.

Positioned on a corner in downtown Emmaus, the property also has access to a parking lot and on-street parking. The offering includes a pro forma cap rate of 7.7%.

Key Highlights

  • 9,816‑SF mixed‑use property with commercial space and eight apartments
  • Apartment mix includes six one‑bedroom units and two two‑bedroom units
  • Bar and restaurant equipment and an R liquor license included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$101,043
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,020,860 $2.0M
Cap Rate 7%
$1,443,471 $1.4M
Cap Rate 9%
$1,122,700 $1.1M
Market Conditions
NOI Build-Up for 9,816 SF
Gross rent
$176.7K $18.00/SF
− Vacancy
−$15.0K −$1.53/SF
EGI
$161.7K $16.47/SF
− OpEx
−$60.6K −$6.18/SF
NOI
$101.0K $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%
$2,020,860
Cap Rate 7%
$1,443,471
Cap Rate 9%
$1,122,700

Alternative Uses

Best Use
Mixed Use
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $101,043 @ 7.0% cap · market cap 5.06%
Second Best
Specialty Retail
$1.12M
$981.7K – $1.31M (±1% cap)
NOI $78,534 @ 7.0% cap · market cap 3.94%
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

Bars & Pubs

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Storage Facility

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

8
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

687
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 - Hospitality equipment and an R liquor license are included with the property.
Where is this mixed-use property located?
The property is located at 52 S 5th Street Emmaus, PA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 9,816‑SF mixed‑use property with commercial space and eight apartments; Apartment mix includes six one‑bedroom units and two two‑bedroom units; Bar and restaurant equipment and an R liquor license included
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Includes: Price & PSF · Cap rate · Location · Zoning

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