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Easton Retail/Mixed-Use Property For Sale
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58 Centre Sq Cir, Easton, PA 18042

Retail/mixed-use property available for sale in Easton, Pennsylvania.

Property Size6,225 SF
Price / SF$144.58
Days on Market708

Property Features for 58 Centre Sq Cir

General Information

Standard status Active
Size 6,225 SF
Property subtype Retail, Mixed Use
Listing Agency: Paranee Property Management
Listed By: Joe Paranee · License #RB068724
Source: Crexi
Added: Nov 4, 2024 Changed: Oct 2 Last Checked: Oct 12 at 6:57PM

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 Paranee Property Management

Investment Insights

Based on property information with market context.

A 6,225-square-foot retail and mixed-use property is available for sale. The property is located in Easton, Pennsylvania.

Key Highlights

  • No property information provided.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,028
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,560 $1.3M
Cap Rate 7%
$900,400 $900.4K
Cap Rate 9%
$700,311 $700.3K
Market Conditions
NOI Build-Up for 6,225 SF
Gross rent
$112.1K $18.00/SF
− Vacancy
−$11.2K −$1.80/SF
EGI
$100.8K $16.20/SF
− OpEx
−$37.8K −$6.07/SF
NOI
$63.0K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,560
Cap Rate 7%
$900,400
Cap Rate 9%
$700,311

Alternative Uses

Best Use
Mixed Use
$900.4K
$787.9K – $1.05M (±1% cap)
NOI $63,028 @ 7.0% cap · market cap 7.00%
Second Best
Retail
$688.7K
$602.6K – $803.5K (±1% cap)
NOI $48,211 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,648 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail properties & Spaces

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 18042, PA

44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail property - Retail/mixed-use property available for sale in Easton, Pennsylvania.
Where is this retail property located?
The property is located at 58 Centre Sq Cir Easton, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: No property information provided.
More about this property
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