54 Commerce Way Bethlehem, PA 18017
- Office Properties & Spaces
- 41,200 SF
- 3.40 lot acres
Current Use by Public Records
- Omdahl & Zumas / Attorney
- Lehigh Valley Wrestling Club / Club
- Community Services Group / Social Services Organization / Mental Health Service
- DesignPoint Interior Architecture / Interior Designer
- Dr. William L. Leboeuf, MD / Doctor
Property Details for 54 Commerce Way
- Year built
- 1989
- Lot size
- 3.40 lot acres
- Property size
- 41,200 SF
- Zone code
- PIBD
- Property type
- Office Properties & Spaces
- APN
- M6 15 72 0214
- APU
- M615720214
Description
This exceptional 3,600-square-foot flex space, situated at 54 S Commerce Way in Bethlehem, Pennsylvania, presents a unique opportunity for businesses seeking a versatile and strategically located property. The space is part of a larger 36,700-square-foot industrial building, classified as Class B, constructed in 1989. The single-story building features a blend of office and warehouse space, ideally suited for a variety of uses. The available space comprises approximately 2,000 square feet of office area and 1,600 square feet of warehouse space, complete with two dock-high doors. Office amenities include a reception area, three private offices, a conference room, a break room, and two restrooms. The property sits on 3.4 acres of land within the Lehigh Valley Industrial Park (LVIP) IV, offering excellent accessibility via Routes 22, 33, and I-78. Its location in the PIBD-Planned Industrial Business District (Zoning: PIBD) provides a stable and business-friendly environment. The property's APN is M6 15 72 0214. The building's convenient location offers easy access to Lehigh Valley International Airport, making it an attractive option for businesses requiring efficient transportation links. This is a multi-tenant building with 3,600 square feet currently available. Don't miss this chance to secure a prime location for your business in the thriving Bethlehem market. The zip code is 18017.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,000,000
- 6.5%
- $1,160,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,185,000
- Geo Method
- $1,010,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $935,000
- Retail
- $1,190,000
- Mixed-Use
- $980,000
- Hospitality
- $870,000
- Educational
- $865,000
- Residential Income
- $1,150,000
- Energy
- $935,000
- Income-Based Land
- $1,030,000
- Food Service
- $980,000
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3783
- Latitude
- 40.6737
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA