Manufacturing Building with Drive-In
For Sale
$1,200,000
530 S Main Street, Bangor, PA 18013
CommercialSale, Bangor Boro, PA
Property Size8,652 SF
Lot Size0.19 Acres
Price / SF$138.70
Days on Market47
Property Features for 530 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
02R78
Parking features
On Street, Garage
Elementary school district
Bangor
Middle school district
Bangor
High school district
Bangor
Directions
North: Take PA-191 S straight onto S Main St. South: Take PA-33 N to PA-512 N or PA-191 N straight. East: Take PA-512 W to town; turn left on S Main St. West: Take PA-512 E; turn right on S Main St.
Subdivision
Bangor
Standard status
Active
APN
E9NE3D-1-2-0102
Size
8,652 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
7242
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ductless, Wall Unit(s)
Water source
Public
Building Details
Year built
1940
Number of units
1
Flooring type
Concrete
Building materials
Block, MetalSiding, Concrete
Listing Agency:
Keller Williams Northampton · Keller Williams Realty
(610) 867-8888
Listed By:
Bennett Rymon
(484) 238-0046
Added: Aug 11
Changed: Sep 13
Last Checked: Sep 26 at 11:06AM
MLS# 781786
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This manufacturing property occupies a 0.193-acre corner lot in Bangor Boro and includes 8,652 square feet of building area. The facility provides approximately 8,400 square feet of clear-span production and warehouse space, with ceiling heights ranging from 13 to 18 feet and multiple drive-in bays. A 252-square-foot climate-controlled second-floor office supports administrative needs. Construction includes block, metal siding, and concrete, with concrete flooring throughout.
The property has heavy 3-phase electric service, natural gas heat, ductless and wall-unit cooling, public water, and public sewer. It is described as well-maintained and grandfathered for industrial use. The offering also includes heavy fabrication equipment, specialized tooling, welders, lifts, vehicles, and raw material, along with an established steel fabrication business that serves commercial and industrial clients throughout Pennsylvania, New York, and New Jersey.
The property has heavy 3-phase electric service, natural gas heat, ductless and wall-unit cooling, public water, and public sewer. It is described as well-maintained and grandfathered for industrial use. The offering also includes heavy fabrication equipment, specialized tooling, welders, lifts, vehicles, and raw material, along with an established steel fabrication business that serves commercial and industrial clients throughout Pennsylvania, New York, and New Jersey.
Key Highlights
- Approximately 8,400 SF of clear‑span production and warehouse space
- 8,652‑square‑foot building on a 0.193‑acre corner lot
- 13‑18 ft ceiling heights with multiple drive‑in bays
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,112
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,562,240
$1.6M
Cap Rate 7%
$1,115,886
$1.1M
Cap Rate 9%
$867,911
$867.9K
Market Conditions
NOI Build-Up for 8,652 SF
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $78,112 @ 7.0% cap · market cap 6.51%
Second Best
Industrial
$919.0K
$804.1K – $1.07M
NOI $64,328 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.64M
$1.44M – $1.91M
NOI $114,871 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
Turnkey business
Opportunity
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
316
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Corner industrial facility with clear-span production space, heavy electrical service, public utilities, and office support.
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: Approximately 8,400 SF of clear‑span production and warehouse space; 8,652‑square‑foot building on a 0.193‑acre corner lot; 13‑18 ft ceiling heights with multiple drive‑in bays
