57 Commerce Way Bethlehem, PA 18017
- Office Properties & Spaces
- 78,100 SF
- 6.90 lot acres
Current Use by Public Records
- Lifton Home Elevators / Elevator Manufacturer
- Liven Up Fitness / Personal Trainer / Gym
- Bat-Caddy / Corporate Office
- Bronkhorst USA LLC / Industrial Equipment Supplier
- Advanced Comfort Solutions Llc / Air Conditioning Contractor
Property Details for 57 Commerce Way
- Year built
- 1989
- Lot size
- 6.90 lot acres
- Property size
- 78,100 SF
- Zone code
- PIBD
- Property type
- Office Properties & Spaces
- APN
- M6 15 37 0214
- APU
- M615370214
Description
This exceptional 76,400-square-foot, single-story office and flex space building in Bethlehem, PA, presents a unique investment opportunity. Located at 57 S. Commerce Way, this Class B property boasts a prime location, offering easy access to major transportation arteries including Route 22, Route 33, I-78, and the Pennsylvania Turnpike (I-476). Built in 1989, the building sits on 6.9 acres and features a 30-foot ceiling height, ideal for various business needs. The property includes 215 parking spaces and is zoned PIBD (Planned Industrial/Business District). Multiple tenant spaces are available, ranging from 3,268 square feet to 22,800 square feet. Suite 120 (6,016 SF) offers one dock door, one drive-in door, and 2,500 SF of office space. Suite 180 (3,268 SF) includes one dock door and 700 SF of office space. Suite 240 (22,800 SF) features three dock doors, one drive-in door, and 1,500 SF of office space, with the warehouse area fully climate-controlled. This strategic location provides convenient access to a significant portion of the U.S. population, making it an attractive option for businesses seeking efficient operations and a strong logistical advantage. The property's multi-tenant configuration offers flexibility for various business sizes and needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,080,000
- 6.5%
- $9,575,000
- 7%
- $8,580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,450,000
- Geo Method
- $10,305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,555,000
- Retail
- $10,595,000
- Mixed-Use
- $11,260,000
- Hospitality
- $10,000,000
- Educational
- $11,625,000
- Residential Income
- $9,935,000
- Energy
- $12,055,000
- Income-Based Land
- $10,850,000
- Food Service
- $11,950,000
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3796
- Latitude
- 40.672
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA