117 4th St Bethlehem, PA 18015-1707
- Specialty properties
- 12,200 SF
- 0.51 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 117 4th St
- Year built
- 1985
- Lot size
- 0.51 lot acres
- Property size
- 12,200 SF
- Zone code
- CB
- Property type
- Specialty properties
- APN
- P6SE1A 21 2 0204
- APU
- P6SE1A2120204
Description
This exceptional 1,566 square foot retail space, situated within The Marshall of the Valley, a new 76-unit, 150-bed student housing complex, presents a unique investment opportunity. Located on 4th Street in Southside Bethlehem, Northampton County, this ground floor space offers unparalleled access to a built-in clientele of students. The property boasts a prime location near Lehigh University, numerous hotels, restaurants, shopping centers, and the Wind Creek Casino, ensuring high foot traffic and visibility. The building itself is a newly constructed (2024) development, providing modern amenities and a contemporary aesthetic. The retail space is part of a larger complex comprising 30 one-bedroom and 46 two-bedroom units, guaranteeing a consistent flow of potential customers. The space is available for lease in Fall 2025, offering ample time for tenant improvements and preparation. With a net lease rate of $28 per square foot, this property represents a strong return on investment. The convenient location and proximity to a large student population make this an ideal space for a variety of retail businesses seeking to tap into a thriving market. Don't miss this chance to establish your business in a vibrant and rapidly growing area. The total building size is 76,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,865,000
- 6.5%
- $1,995,000
- 7%
- $1,985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,915,000
- Geo Method
- $2,255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,705,000
- Retail
- $2,100,000
- Mixed-Use
- $2,255,000
- Hospitality
- $2,030,000
- Educational
- $1,870,000
- Residential Income
- $1,990,000
- Energy
- $1,870,000
- Income-Based Land
- $2,095,000
- Food Service
- $2,060,000
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3765
- Latitude
- 40.6108
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
