25 Broad St Nazareth, PA 18064
- Office Properties & Spaces
- 11,140 SF
- 0.30 lot acres
Current Use by Public Records
- Wright’s Med Spa / Facial Spa / Massage Spa
- B.E.S.T. Inc. / Alcoholism Treatment Program
- Catherine Broadt, D.O. / Family Practice Physician / Doctor
- El M Permanent Cosmetics LLC / Permanent Make-Up Clinic
- Lehigh Valley Cosmetic Dentistry / Dentist
Property Details for 25 Broad St
- Year built
- 1945
- Lot size
- 0.30 lot acres
- Property size
- 11,140 SF
- Zone code
- GC
- Property type
- Office Properties & Spaces
- APN
- J7SE3A 5 14 0421
- APU
- J7SE3A5140421
Description
This exceptional 1,225 square foot medical office suite is situated in a Class B building at 25 S Broad St, Nazareth, PA, within Northampton County. Built in 1945, the property boasts 15 on-site parking spaces, providing ample convenience for staff and clients. The suite, previously used as a medical office, is fully equipped with six private offices/patient rooms and a reception area, making it ideal for immediate occupancy. Its prime location in downtown Nazareth offers excellent visibility and accessibility, situated on a heavily trafficked main road. The building enjoys exceptional access to major highways, including Routes 22, 78, and 33, ensuring easy commutes for both employees and patients. This thriving downtown area provides walkability to a variety of shopping, dining, and other professional services, enhancing the overall appeal and convenience of this property. The building is part of a larger complex that also includes a second, larger suite. This location benefits from being in the Lehigh Valley, currently ranked among the top five nationally for economic growth, presenting a strong investment opportunity. The suite's layout is efficient and well-designed, offering a functional and comfortable workspace for medical professionals. The property is available for immediate lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $820,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $825,000
- 6.5%
- $800,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $775,000
- Geo Method
- $740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $855,000
- Mixed-Use
- $860,000
- Hospitality
- $785,000
- Educational
- $695,000
- Residential Income
- $710,000
- Energy
- $700,000
- Income-Based Land
- $630,000
- Food Service
- $805,000
Location Insight
- Map
- Local Demand
- City
- Nazareth
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.309
- Latitude
- 40.7419
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
