Two-Unit Storefront
For Sale
$435,000
6626 Main Street, Bangor, PA 18013
Two open-concept units provide separate electric and HVAC systems for adaptable commercial, retail, or office use.
Property Size2,000 SF
Price / SF$217.50
Days on Market104
Property Features for 6626 Main Street
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$5,342
Building Details
Building Size
2,000 SF
Year Built
2000
Year Renovated
2000
Buildings
1
Construction
stucco
Listing Agency:
BHHS - Choice Properties
(610) 759-7833
Listed By:
Gregory J. Smith
Source:
Bhhspaulfordrealtors
Added: May 20
Changed: Aug 29
Last Checked: Aug 30 at 10:45PM
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 BHHS - Choice Properties
Investment Insights
Based on property information with market context.
This two-unit storefront property offers approximately 2,000 sf of combined commercial space in an open-concept layout. The larger unit contains approximately 1,200 sf, while the second provides approximately 800 sf. Each unit has its own electric service, HVAC system, and ADA-compliant half bath, allowing the spaces to function independently. Potential applications identified for the property include commercial, retail, and office use, subject to confirmation with the applicable zoning office.
The building occupies a corner at the intersection of Route 611 and Main Street. Exterior stucco and trim were painted in 2025, and a new well pump and fittings were installed the same year. The configuration supports occupancy by one business in one unit while the second unit is leased separately, or use of both units by a single occupant.
The building occupies a corner at the intersection of Route 611 and Main Street. Exterior stucco and trim were painted in 2025, and a new well pump and fittings were installed the same year. The configuration supports occupancy by one business in one unit while the second unit is leased separately, or use of both units by a single occupant.
Key Highlights
- Two‑unit configuration with approximately 2,000 sf of combined space
- Approximately 1,200 sf in one unit and approximately 800 sf in the second
- Separate electric service and HVAC for each unit
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
$20,745
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
4.77%
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%
$414,900
$414.9K
Cap Rate 7%
$296,357
$296.4K
Cap Rate 9%
$230,500
$230.5K
Market Conditions
NOI Build-Up for 2,000 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
$30.0K $15.00/SF
− Vacancy
−$2.3K −$1.17/SF
EGI
$27.7K $13.83/SF
− OpEx
−$6.9K −$3.46/SF
NOI
$20.7K $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 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%
$414,900
Cap Rate 7%
$296,357
Cap Rate 9%
$230,500
Alternative Uses
Best Use
Office B
$296.4K
$259.3K – $345.8K
NOI $20,745 @ 7.0% cap · market cap 4.77%
Second Best
Retail
$221.3K
$193.6K – $258.2K
NOI $15,490 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$379.3K
$331.9K – $442.6K
NOI $26,554 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
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 Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Two open-concept units provide separate electric and HVAC systems for adaptable commercial, retail, or office use.
Where is this storefront property located?
The property is located at 6626 Main Street Bangor, PA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two‑unit configuration with approximately 2,000 sf of combined space; Approximately 1,200 sf in one unit and approximately 800 sf in the second; Separate electric service and HVAC for each unit
