Technical
Financial
Distress signals
Property profile

1 South 3Rd St Easton, PA 18017

FOR LEASE
Other office properties
Property ID
US73-0400839
74,039 SF 0.22 ac lot Built 1900
Entity Owned 12-yr Hold ~ Est. High Equity
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1 South 3Rd St, Easton, PA 18017 For Lease
$17 SF/Yr 5,300 SF available
1 South 3Rd St, Easton, PA 18017
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Property summary

AI-generated overview

This first-floor commercial suite is approximately 5,300 square feet and is located in the historic Alpha Building at the corner of Center Square and South 3rd Street in downtown Easton. The suite features dramatic two-story ceilings rising to about 20 feet, floor-to-ceiling windows, and finished ceiling heights ranging from roughly 8 feet to 20 feet. The interior is fully built out with an open-plan layout, a dedicated conference room, exposed ceilings, accent lighting, and central air conditioning and heating. The space is configured with Wi‑Fi readiness, and it has been used to support office/professional services, media and creative uses, and experiential retail or tourism-oriented activities. The suite may have optional furnishings available. The building is positioned within a walkable downtown area (Walk Score 90), with nearby access to Easton’s restaurant scene, the Crayola Experience, the State Theatre, and the Delaware River waterfront.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1900
Total area 74,039 SF
Lot 0.22 ac (9,600 SF)
Zoning code BRT
APN L9SE2A 17 5 0310
UPID US73-0400839

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architect
  • Law Firm
  • City Government Office
  • Corporate Office
  • Real Estate Agency

Location

1 South 3Rd St Easton, PA 18017
Easton metro Census 14400 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.54M
Comparable Approach Comparable
$12.43M
Blend (final) Blend
$915k

Owner & transaction history

since 2013
6 recorded transactions
2023
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2013
$4.0M
1969
Price N/A

Zoning & alternative use

BRT · Easton, PA
Top alternative use upside
Medical building $11.3M +23.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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