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Mixed-Use Property with Salon

742 Linden St, Bethlehem, PA 18018

For Sale
$415,000

A first-floor salon occupies the commercial space, with a three-bedroom residence upstairs.

Property Size2,130 SF
Price / SF$194.84
Days on Market48

Property Features for 742 Linden St

General Information

Standard status Active
Size 2,130 SF

Taxes and HOA fees

Annual Taxes $3,641
Listing Agency: Coldwell Banker Hearthside
Listed By: Nick Smith
Source: Exprealty
Added: Sep 26 Changed: Nov 6 Last Checked: Nov 12 at 8:51AM

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 Coldwell Banker Hearthside

Rey
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Investment Insights

Based on property information with market context.

At 742 Linden St in Bethlehem, this 2,130-square-foot mixed-use property combines a first-floor hair salon with a second-floor apartment. The residence has three bedrooms and one bathroom. The salon is currently operating and set up for continued use.

Key Highlights

  • 2,130‑square‑foot mixed‑use property at 742 Linden St, Bethlehem, PA
  • Operating hair salon on the first floor
  • Second‑floor apartment with 3 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,926
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,520 $438.5K
Cap Rate 7%
$313,229 $313.2K
Cap Rate 9%
$243,622 $243.6K
Market Conditions
NOI Build-Up for 2,130 SF
Gross rent
$38.3K $18.00/SF
− Vacancy
−$3.3K −$1.53/SF
EGI
$35.1K $16.47/SF
− OpEx
−$13.2K −$6.18/SF
NOI
$21.9K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,520
Cap Rate 7%
$313,229
Cap Rate 9%
$243,622

Alternative Uses

Best Use
Mixed Use
$313.2K
$274.1K – $365.4K (±1% cap)
NOI $21,926 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$207.4K
$181.5K – $242.0K (±1% cap)
NOI $14,517 @ 7.0% cap · market cap 3.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Accents from Head ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency Electrical Service Pet Grooming Service Kitchen & Bath Showroom Pet 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.

Location Intelligence

Trade Area within ½ mile

2,075
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 35%
7-Eleven Shops & Services
4,831 visits/mo 0.3 miles
Pantry Shops & Services
3,585 visits/mo 0.0 miles
Pizza Hut Dining
2,590 visits/mo 0.4 miles
H&R Block Shops & Services
2,234 visits/mo 0.4 miles
Domino's Pizza Dining
1,805 visits/mo 0.5 miles

Demographics for 18018, PA

32,388
Population
14,669
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,228
Density / Sq Mi
$71,968
Median Household Income
$43,471
Median Earnings
$1,261
Median Rent
$224,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Lehigh County, PA

$201 Jul
$188 Aug
$168 Sep
$167 Oct

Properties on Market for Mixed-use properties in Lehigh County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A first-floor salon occupies the commercial space, with a three-bedroom residence upstairs.
Where is this mixed-use property located?
The property is located at 742 Linden St Bethlehem, PA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,130‑square‑foot mixed‑use property at 742 Linden St, Bethlehem, PA; Operating hair salon on the first floor; Second‑floor apartment with 3 bedrooms and 1 bathroom
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