106 Main St Emmaus, PA 18049-4009
- Office buildings
- 2,234 SF
- 0.30 lot acres
Current Use by Public Records
- Honorable Donna Butler MDJ 31-2-03 / County Government Office
Property Details for 106 Main St
- Year built
- 1955
- Lot size
- 0.30 lot acres
- Property size
- 2,234 SF
- Zone code
- B-H
- Property type
- Office buildings
- APN
- 549477550908-1
- APU
- 5494775509081
Description
This 2,692 square foot, single-tenant office building at 106 Main Street in Emmaus, PA, presents a unique investment opportunity. Located in a high-visibility spot on Main Street, just south of the Lehigh Street Auto Mile, this property boasts convenient access to I-78 and Route 309, with an AADT of 12,000. Previously a Lehigh County Magisterial District Court, the building's adaptable layout is ideal for a variety of uses, including office, medical, retail, or restaurant. Features include an approved drive-thru window, two commercial exhaust vents, and a grease trap, remnants from its previous restaurant use. The interior offers 9.5-foot ceilings, no structural center walls, a large entrance area, three large open rooms, a smaller private office, a data/storage closet, a break room, and two ADA-accessible bathrooms. An additional 458 square feet of unfinished space on the second floor provides potential for expansion or storage. The building is equipped with updated gas furnaces and central air. Ample parking is available in the paved lot, accommodating approximately 20 vehicles. Excellent signage opportunities exist with a 4x6 freestanding sign frame and a large horizontal sign frame on the front metal roof. The property sits on a 0.216-acre lot (9,409 square feet) and has a 200-amp power supply. Building class is B, built in 1955, with two stories. Property taxes are $3.87 per square foot. The zoning is B-H-Highway Commercial, and the APN is 549477550908 001. Abundant natural light streams in through 8ft x 6ft front windows.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $215,000
- 6.5%
- $200,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $387,000
- AI Estimate
- $271,000
Market price range: $210k - $495kMarket price range: $130k - $332k
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Location Insight
- Map
- Local Demand
- City
- Emmaus
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4866
- Latitude
- 40.5399
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA