2102 Main StNorthampton, PA 18067

Property Details for 2102 Main St

Year built

1905

Lot size

0.70 AC

Property size (Sq ft)

20,360 SF

Zone code

C1

Property type

Retail properties

Property subtype

Banks

APN

L4SW4B 1 2 0522

APU

L4SW4B120522

Description

This landmark three-story building, located at 2102 Main St in Northampton, Pennsylvania, offers a unique opportunity for a variety of commercial uses. Originally constructed in 1905, this 28,026 square foot building sits on a 0.926-acre lot and is zoned C1. The property boasts 75 parking spaces, providing ample convenience for customers and employees. The first floor, with its high visibility and accessibility, is ideally suited for a bank, retail establishment, or grocery store. The upper two floors offer versatile space adaptable to various needs, including office space, apartments, storage, manufacturing, or wholesale operations. Separate entrances via elevator and stairwell provide convenient access to each floor. The building features an elevator for easy vertical transportation. The landlord is open to leasing individual floors separately, offering flexibility for potential tenants. This property presents a rare chance to acquire a significant commercial space in a desirable Northampton Borough location. The property is located in Northampton County, PA, zip code 18067.

• CAP approach

  CAP return

  Valuation

  6%

  $7,434,877

  6.5%

  $6,862,964

  7%

  $6,372,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,748,860

  Geo Method

  $6,703,799

• Alternative Use

  Use

  Valuation

  Residential

  $5,789,166

  Hospitality

  $5,302,846

  Educational

  $4,411,905

  Medical

  $4,563,638

  Retail

  $6,862,964

Location Insight

City

Northampton

County

Northampton

State

Pennsylvania

Latitude

40.6909

Longitude

-75.4998

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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