Property profile

106 Main St Alburtis, PA 18011

OFF-MARKET
Office buildings
Property ID
US73-0436644
1,996 SF 0.24 ac lot Built 1933
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a mixed-use building configured with a ground-level restaurant and bar, along with residential units above. It includes 23 apartments and rental rooms, specifically arranged as 11 apartments plus 12 short-term rental units located above the restaurant. The restaurant and bar are supported by a hotel liquor license and a PA Skill Games License. A banquet room with a private bar and separate entrance provides seating for up to 100 guests, and a full banquet kitchen is located in the lower level, with recent upgrades completed in the restaurant kitchen. Outdoor dining is permitted via a variance. The residential component consists of five one-bedroom and six two-bedroom apartments, and the 12 short-term rentals each provide a private bathroom.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1933
Construction BRICK
Total area 1,996 SF
Lot 0.24 ac (10,414 SF)
Zoning code C-1
APN 546346971159-1
UPID US73-0436644

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
  • Veterinary Clinic
  • Veterinary Clinic
  • Restaurant
  • Veterinary Clinic

Location

106 Main St Alburtis, PA 18011-9505
Alburtis metro Census 6302 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2012
1 recorded transaction
2012
$331,000

Zoning & alternative use

C-1 · Alburtis, PA
Zoning description

The purpose of this District is to provide areas that are readily accessible via major highways to Borough residents and others for a wide variety of retail and personal service uses. Development standards will be applie…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 106 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message