Building Details

Building Size 8,652 SF

Year Built 1940

Listing Agency: Show Phone

Listed By: Peter Flying Turtle

Source: Haven

Added: Oct 21 Changed: Oct 31 Last Checked: Oct 31 at 3:53AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Built in 1940, this industrial property contains 8,400 square feet of clear-span production and warehouse space, with ceiling heights ranging from 13 to 18 feet. A 252-square-foot climate-controlled office occupies the second floor. Multiple drive-in bays and heavy three-phase electric service support fabrication operations, while public water and sewer serve the property. The offering also includes fabrication equipment, specialized tooling, welders, lifts, vehicles, and raw material.

The property occupies a 0.193-acre corner lot at 530 S Main Street in Bangor Boro, Pennsylvania. Its industrial use is grandfathered, and the stated zoning designation is 02R78.

Key Highlights

• 8,400 SF of clear‑span production and warehouse space
• 252 SF second‑floor climate‑controlled office
• 13–18 ft ceiling heights

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,112

Cap Rate

6.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,562,240 $1.6M

Cap Rate 7%

$1,115,886 $1.1M

Cap Rate 9%

$867,911 $867.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,652 SF

Gross rent

$99.7K $11.52/SF

− Vacancy

−$7.8K −$0.90/SF

EGI

$91.9K $10.62/SF

− OpEx

−$13.8K −$1.59/SF

NOI

$78.1K $9.03/SF

Area

Northampton County, PA

Vacancy

7.80%

Lease Rate

$11.52 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,562,240

Cap Rate 7%

$1,115,886

Cap Rate 9%

$867,911

Alternative Uses

Best Use

Warehouse

$1.12M

$976.4K – $1.30M (±1% cap)

NOI $78,112 @ 7.0% cap · market cap 6.51%

Second Best

Industrial

$919.0K

$804.1K – $1.07M (±1% cap)

NOI $64,328 @ 7.0% cap · market cap 5.36%

Theoretical Best

Office A

$1.64M

$1.44M – $1.91M (±1% cap)

NOI $114,871 @ 7.0% cap · market cap 9.57%

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

Bangor Steel Factory

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Auto Parts Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

406

Businesses Nearby

Explore this area Business Placement

Demographics for 18013, PA

17,436

Population

7,401

Households

2.4

Avg Household Size

44

Median Age

24%

College-Educated

89%

High-School Grad

63.0 sq mi

ZIP Area

277

Density / Sq Mi

$76,116

Median Household Income

$37,107

Median Earnings

$1,088

Median Rent

$245,700

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Industrial Warehouse with Mixed-Use Zoning

Bangor, PA 18013

$129,900

8,424 SF

View details

Manufacturing Property with Cold Storage

123 Blaine Street, East, Bangor, PA 18013

$339,000

4,350 SF

View details

Two-Story Warehouse

519 PENNSYLVANIA AVE, Bangor, PA 18013

Contact for pricing

12,000 SF

View details

Six-Unit Mixed-Use Building

28 S Main Street, Bangor, PA 18013

$1,050,000

9,221 SF

View details

Medical Office Building

225 Erdman Street rear, Bangor, PA 18013

$1,300,000

7,794 SF

View details

Mixed-Use Building with Open Layout

527 Division Street, Bangor, PA 18013

$305,000

8,000 SF

View details

Mixed-Use Property with Restaurant

275 E Central Avenue, East, Bangor, PA 18013

$1,850,000

11,855 SF

View details

Historic Mixed-Use Building

9 N Main St, Bangor, PA 18013

$460,000

11,096 SF

View details

Mixed-Use Property with Restaurant

257 E Central Avenue, East, Bangor, PA 18013

$2,700,000

11,855 SF

View details

Historic Hotel, Restaurant & Tavern

62 Broadway, Bangor, PA 18013

$999,999

18,056 SF

View details

Two-Home Multifamily Property

28 1st St, Bangor, PA 18013

$499,900

4,907 SF

View details

Turn-key Restaurant/Bar Opportunity For Sale

Bangor, PA 18013

$350,000

4,487 SF

View details

Frequently Asked Questions

What type of property is this?

Manufacturing property - The building combines clear-span production space with a separate climate-controlled office and multiple drive-in bays.

Where is this manufacturing property located?

The property is located at 530 S Main Street Bangor, PA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 8,400 SF of clear‑span production and warehouse space; 252 SF second‑floor climate‑controlled office; 13–18 ft ceiling heights