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Historic Stone Mixed-Use Property
For Sale
$1,200,000

605 Main Street, Hellertown, PA 18055

CommercialSale, Hellertown Boro, PA

Property Size9,533 SF
Lot Size0.19 Acres
Price / SF$125.88
Days on Market58

Property Features for 605 Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning 15TC
Parking 10
Parking features Parking Lot, Off Street, On Street
Elementary school district Saucon Valley
Middle school district Saucon Valley
High school district Saucon Valley
Directions I 78 to Hellertown exit; go left on Main St. Property on the left.
Subdivision Hellertown
Standard status Active
APN Q7SW2D 9 4A 0715
Size 9,533 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 12274

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Window Unit(s), Wall Unit(s)
Water source Public

Amenities

pool table
game space
outdoor patio
on-site parking lot

Building Details

Year built 1889
Building materials Masonry, Stone
Listing Agency: Howard Hanna TheFrederickGroup
Listed By: Marina Gabunia · License #PA347078
Added: Aug 13 Changed: Sep 12 Last Checked: Oct 9 at 1:06PM
MLS# 782695

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.

Built in 1889, this 9,533-square-foot mixed-use property combines a renovated first-floor restaurant with five residential apartments above. The commercial space includes a separate dining area, pool table, game space, and outdoor patio suited to dining and entertainment. The restaurant is operating under a 5-year lease, while all five apartments are occupied.

The property occupies 0.193 acres at 605 Main Street in Hellertown Boro, within Northampton County. On-site parking is supplemented by off-street and on-street parking. Public water and public sewer serve the property, which is zoned 15TC. Regional access includes Route 78, Bethlehem, and surrounding Lehigh Valley markets.

Key Highlights

  • 9,533‑square‑foot mixed‑use property on 0.193 acres
  • First‑floor restaurant with dining area, pool table, game space, and outdoor patio
  • Five renovated residential apartments, all fully occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,881
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,620 $2.0M
Cap Rate 7%
$1,412,586 $1.4M
Cap Rate 9%
$1,098,678 $1.1M
Market Conditions
NOI Build-Up for 9,533 SF
Gross rent
$143.0K $15.00/SF
− Vacancy
−$11.2K −$1.17/SF
EGI
$131.8K $13.83/SF
− OpEx
−$33.0K −$3.46/SF
NOI
$98.9K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,620
Cap Rate 7%
$1,412,586
Cap Rate 9%
$1,098,678

Alternative Uses

Best Use
Specialty Retail
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,881 @ 7.0% cap · market cap 8.24%
Second Best
Mixed Use
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,522 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,568 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Wings on Main Restaurant

Suggested Use

Top Pick Law Firm Daycare Center HVAC Service Garden Center Furniture & Home Goods Grocery & Convenience 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

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

Demographics for 18055, PA

12,077
Population
4,946
Households
2.4
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
20.0 sq mi
ZIP Area
604
Density / Sq Mi
$90,087
Median Household Income
$52,690
Median Earnings
$1,273
Median Rent
$293,800
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated restaurant, five occupied apartments, outdoor patio, and on-site parking create a diverse multi-tenant configuration.
Where is this mixed-use property located?
The property is located at 605 Main Street Hellertown, 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: 9,533‑square‑foot mixed‑use property on 0.193 acres; First‑floor restaurant with dining area, pool table, game space, and outdoor patio; Five renovated residential apartments, all fully occupied
More about this property
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