Mixed-Use Building with
New
For Sale
$425,000
735 Front Street, Catasauqua, PA 18032
Twin property combines residential layouts with a commercial lower level and detached garage.
Property Size4,284 SF
Days on Market3
Property Features for 735 Front Street
General Information
Standard status
Active
Size
4,284 SF
Property subtype
Investment
Zoning
downtown commercial zoning district
Units
Unit Mix
1 x 4BR/2BA, 1 x 3BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,819
Building Details
Building Size
4,284 SF
Year Built
1854
Buildings
1
Listing Agency:
RE/MAX Unlimited Real Estate
Listed By:
Mark Molchany · License #RM420250
(484) 239-3213
Source:
Bhhspaulfordrealtors
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 13 at 3:02PM
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 RE/MAX Unlimited Real Estate
Investment Insights
Based on property information with market context.
Built in 1854, this twin mixed-use property includes two residential sides and a commercial lower level. One residence offers 4 bedrooms, 2 full baths, and a walk-up attic; the other has 3 bedrooms, 1.5 baths, and its own walk-up attic. Both sides open to a covered porch.
The lower level includes 2 baths and 2 sizable rooms, along with high ceilings and hardwood floors. It has served as commercial space and can accommodate a range of business uses. A detached 5-car garage adds separate parking in front of each bay. The property is located at 735 Front Street in Catasauqua Boro, within the downtown commercial zoning district.
The lower level includes 2 baths and 2 sizable rooms, along with high ceilings and hardwood floors. It has served as commercial space and can accommodate a range of business uses. A detached 5-car garage adds separate parking in front of each bay. The property is located at 735 Front Street in Catasauqua Boro, within the downtown commercial zoning district.
Key Highlights
- Twin configuration with one 4‑bedroom residence and one 3‑bedroom residence
- Commercial lower level with 2 baths and 2 rooms
- Detached 5‑car garage with parking in front of each bay
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
$29,197
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
6.87%
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%
$583,940
$583.9K
Cap Rate 7%
$417,100
$417.1K
Cap Rate 9%
$324,411
$324.4K
Market Conditions
NOI Build-Up for 4,284 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
$45.2K $10.56/SF
− Vacancy
−$3.5K −$0.82/SF
EGI
$41.7K $9.74/SF
− OpEx
−$12.5K −$2.92/SF
NOI
$29.2K $6.82/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
30.00%
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%
$583,940
Cap Rate 7%
$417,100
Cap Rate 9%
$324,411
Alternative Uses
Best Use
Mixed Use
$630.0K
$551.2K – $735.0K
NOI $44,098 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$417.1K
$365.0K – $486.6K
NOI $29,197 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 18032, PA
9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Twin property combines residential layouts with a commercial lower level and detached garage.
Where is this mixed-use property located?
The property is located at 735 Front Street Catasauqua, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Twin configuration with one 4‑bedroom residence and one 3‑bedroom residence; Commercial lower level with 2 baths and 2 rooms; Detached 5‑car garage with parking in front of each bay
