Mixed-Use Property with
New
For Sale
$415,000
742 Linden St, Bethlehem, PA 18018
A first-floor salon occupies the commercial space, with a three-bedroom residence upstairs.
Property Size2,130 SF
Price / SF$194.84
Days on Market4
Property Features for 742 Linden St
General Information
Standard status
Active
Size
2,130 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$3,641
Listing Agency:
Coldwell Banker Hearthside
(610) 465-5600
Listed By:
Nick Smith
(610) 751-8280
Source:
Exprealty
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 3:14PM
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
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 = 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
$21,926
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
5.28%
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%
$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
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
$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 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%
$438,520
Cap Rate 7%
$313,229
Cap Rate 9%
$243,622
Alternative Uses
Best Use
Mixed Use
$313.2K
$274.1K – $365.4K
NOI $21,926 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$207.4K
$181.5K – $242.0K
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Northeast region
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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
