Commercial Real Estate Market in Bethlehem, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
348 active listings and 2,732 off-market properties in Bethlehem, PA. Commercial property asks $163/SF to buy and $19.00/SF/Yr to lease.
Market Trends
Bethlehem, PA spans 58.1 square miles in Northampton County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Bethlehem, PA asks $23.31/SF/Yr to lease, and the average asking price across Northampton County is $127/SF. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Northampton County, retail space asks $127/SF to buy. Retail vacancy in Bethlehem, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Bethlehem, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Northampton County, multifamily space asks $160/SF to buy. Multifamily vacancy in Bethlehem, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47.6%
- Industrial 21.4%
- Civic 19.3%
- Commercial 7%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Bethlehem, PA zones 12,425 acres across 23 districts. Commercial zoning covers 7% of zoned land, residential 47.6% and industrial 21.4%. The largest single district is Institutional District at 19.2%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
ADDITIONAL REQUIREMENTS IN THE I-O INSTITUTIONAL OVERLAY DISTRICT 1312.01 Applicability. (a) The I-O Institutional Overlay District shall serve as an overlay district to the I Institutional District. The I-O District shall exist within land areas designated on the Zoning Map. Within the I-O District, all of the same regulations shall apply as apply within th…
Market overview
Demographics & Economy
Bethlehem, PA has 125,919 residents in 52,249 households. Density runs 2,166 people per square mile. Median household income here is $82,025 and median gross rent $1,398 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hellertown | $137 | — |
| Allentown | $163 | $14.50 |
| Catasauqua | $109 | — |
Commercial property in Bethlehem, PA asks $163/SF. The 3 bordering markets run from $109/SF in Catasauqua to $163/SF in Allentown, and the city sits above their $137/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Bethlehem?
How much does it cost to lease commercial space in Bethlehem?
How does Bethlehem compare to nearby markets on price?
What zoning applies to commercial property in Bethlehem?
Where does Realmo's Bethlehem market data come from?
Methodology & data sources
- Asking prices and medians
- There are 97 active for-sale and 251 active for-lease listings in Bethlehem, PA. The medians are based on 60 of the for-sale and 109 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 12,425 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
