Mixed-Use Building with Banquet
For Sale
$899,000
521 Front Street 523, Catasauqua, PA 18032
Multi-level property includes retail, residential, event, office, kitchen, bar, and storage components.
Property Size11,400 SF
Price / SF$78.86
Days on Market31
Property Features for 521 Front Street 523
General Information
Standard status
Active
Size
11,400 SF
Total Parking Spaces
14
Property subtype
Retail
Amenities
wet bar
commercial kitchen
banquet hall
basement
loft
2-bedroom apartment
Building Details
Building Size
15,200 SF
Buildings
1
Stories
3
Listing Agency:
IronValley RE of Lehigh Valley
(484) 241-1011
Listed By:
Samir R. Nemeh
Source:
Bhhspaulfordrealtors
Added: Jul 1
Changed: Jul 31
Last Checked: Jul 31 at 10:06AM
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 IronValley RE of Lehigh Valley
Investment Insights
Based on property information with market context.
This approximately 11,400 sq ft mixed-use building combines several commercial and residential components across three levels plus a basement. The street level includes a storefront currently operating as a jewelry store, a 2-bedroom apartment, and a full wet bar. The second floor features a commercial kitchen and an expansive 3,000+ sq ft banquet hall with a bar. A large basement provides storage, while the third-floor loft is suited for office, conference, or creative space. The property has been updated throughout, including HVAC, and includes a 14-car rear parking lot.
Located at 521 Front Street 523 in Catasauqua Boro, the property is just steps from the approved Iron Works redevelopment project. Planned components include approximately 45 townhomes, 250 apartment units, 10,000+ sq ft of commercial space, public plazas, green space, and pedestrian/bike connectivity to the D&L Trail.
Located at 521 Front Street 523 in Catasauqua Boro, the property is just steps from the approved Iron Works redevelopment project. Planned components include approximately 45 townhomes, 250 apartment units, 10,000+ sq ft of commercial space, public plazas, green space, and pedestrian/bike connectivity to the D&L Trail.
Key Highlights
- Approximately 11,400 sq ft mixed‑use building across three levels plus basement
- Second‑floor commercial kitchen and 3,000+ sq ft banquet hall with bar
- Street‑level storefront currently operating as a jewelry store
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.4k | $10.56 |
| − Vacancy | −$9.4k | −$0.82 |
| EGI | $111.0k | $9.74 |
| − OpEx | −$33.3k | −$2.92 |
| NOI | $77.7k | $6.82 |
11,400 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$1.68M
$1.47M – $1.96M
NOI $117,349 @ 7.0% cap · market cap 13.05%
Second Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,207 @ 7.0% cap · market cap 10.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Explore this area
Business Placement
Demographics for 18032, PA
9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Lehigh County, PA
Properties on Market for Mixed-use properties in Lehigh County
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level property includes retail, residential, event, office, kitchen, bar, and storage components.
Where is this mixed-use property located?
The property is located at 521 Front Street 523 Catasauqua, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 11,400 sq ft mixed‑use building across three levels plus basement; Second‑floor commercial kitchen and 3,000+ sq ft banquet hall with bar; Street‑level storefront currently operating as a jewelry store
