Mixed-Use Building with
For Sale
$1,200,000
605 Main Street, Hellertown, PA 18055
ResidentialIncome, Hellertown Boro, PA
Property Size9,533 SF
Lot Size0.19 Acres
Price / SF$125.88
Days on Market64
Property Features for 605 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
15TC
Parking
10
Parking features
Parking Lot, Off Street, On Street
Patio and Porch features
Patio
Interior features
HandicapAccess
Accessibility
Accessible Approach with Ramp
Subdivision
Not in Development
Elementary school district
Saucon Valley
Middle school district
Saucon Valley
High school district
Saucon Valley
Directions
Rt 78 Exit 67 to Hellertown take left to Main road
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
Building Details
Year built
1889
Number of units
7
Flooring type
Hardwood
Building materials
Brick, Stone
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Marina Gabunia · License #PA347078
(484) 201-9878
Added: Aug 14
Changed: Sep 12
Last Checked: Oct 16 at 11:06AM
MLS# 782773
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.
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Investment Insights
Based on property information with market context.
This 9,533-square-foot mixed-use building combines five apartments with restaurant space and is fully rented. Constructed in 1889, the property features brick and stone exterior materials, hardwood flooring, electric heating, and a combination of window units, wall units, and ceiling fans for cooling. A patio adds exterior amenity space, while handicap access and a ramped approach support accessibility.
The 0.193-acre property is served by public water and public sewer. Parking is available through an on-site lot, off-street spaces, and on-street options. The building is located at 605 Main Street in Hellertown Boro, Pennsylvania, and carries 15TC zoning.
The 0.193-acre property is served by public water and public sewer. Parking is available through an on-site lot, off-street spaces, and on-street options. The building is located at 605 Main Street in Hellertown Boro, Pennsylvania, and carries 15TC zoning.
Key Highlights
- 5 apartments plus restaurant space in a mixed‑use building
- 9,533‑square‑foot building on a 0.193‑acre lot
- Fully rented property with 15TC zoning
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
NOI $98,881 @ 7.0% cap · market cap 8.24%
Second Best
Mixed Use
$1.38M
$1.21M – $1.61M
NOI $96,522 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,568 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick-and-stone construction includes five apartments, restaurant space, and an accessible ramped approach.
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: 5 apartments plus restaurant space in a mixed‑use building; 9,533‑square‑foot building on a 0.193‑acre lot; Fully rented property with 15TC zoning
