229 22Nd St Easton, PA 18042
- Office Properties & Spaces
- 1,862 SF
- 0.15 lot acres
Current Use by Public Records
- Guenther Frank / Counselor
Property Details for 229 22Nd St
- Year built
- 1956
- Lot size
- 0.15 lot acres
- Property size
- 1,862 SF
- Zone code
- H1
- Property type
- Office Properties & Spaces
- APN
- L9SW1C 21 1 0837
- APU
- L9SW1C2110837
Description
This exceptional 1,862 square foot single-tenant office building, situated in Northampton County, presents a unique investment opportunity. Built in 1956, the property boasts a convenient single-story layout, offering easy accessibility and functionality. Recent upgrades include the installation of new windows and exterior doors, enhancing both energy efficiency and curb appeal. Ample parking is available on-site and on the street, ensuring convenience for staff and clients. The building is fully handicap accessible, catering to a diverse range of potential occupants. Essential utilities are readily available, including public water and sewer connections. Its strategic location directly across from St. Luke’s Hospital – Easton Campus provides unparalleled visibility and accessibility for medical professionals or businesses seeking proximity to a major healthcare facility. The property is zoned H1, offering flexibility for various professional uses. The building's 1,862 square feet of vacant space presents a blank canvas for customization, allowing prospective tenants to tailor the space to their specific needs. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving area. The property's combination of modern upgrades, convenient amenities, and prime location makes it an ideal choice for a variety of businesses. The APN is L9SW1C 21 1 0837.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $150,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $155,000
- Mixed-Use
- $185,000
- Hospitality
- $190,000
- Educational
- $155,000
- Residential Income
- $190,000
- Energy
- $195,000
- Income-Based Land
- $185,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Easton
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.2449
- Latitude
- 40.6868
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
