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87 Commerce Way Bethlehem, PA 18017

OFF-MARKET Office Spaces Google Maps
22,653 SF 0.17 ac lot Built 1990
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This single-story, 22,653-square-foot office building at 87 S Commerce Way in Bethlehem, Pennsylvania, presents a compelling opportunity. Classified as a Class B property, it was constructed in 1990 and features a traditional office layout with executive office options. The entire 22,653 square feet is currently vacant, offering significant flexibility for tenants. The building boasts 8'6" ceilings and ample parking, with a ratio of 4.78 spaces per 1,000 square feet. Located on a 0.17-acre lot, the property is zoned PIO (Planned Industrial Office) in Northampton County (APN: M6-15-40-0214). The building is part of a four-building complex with a central courtyard, providing a pleasant work environment. Its convenient location offers easy access to major roadways including Route 22, Route 33, I-78, and the Pennsylvania Turnpike (I-476), making it an ideal location for businesses needing convenient access to regional transportation networks. The space is readily available for immediate occupancy and can be adapted to suit various business needs, with the possibility of combining or subdividing the vacant space to meet specific requirements. No elevators are present in this single-story building.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 22,653 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Charitable Organization Social Service Agency
  • Industrial Manufacturer Production Facility
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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