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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Bars & Pubs
1355 Sta Ave Bethlehem, PA 18015-9069
Entity Owned
~
Est. High Equity
Property ID
US73-5926398
Property summary
AI-generated overview
This exceptional investment opportunity presents a historic restaurant located at 1355 Station Ave, Bethlehem, Pennsylvania, 18015. The property, built in 1900, boasts a unique character reflective of its age and location within Lehigh County. Currently zoned R1, the building offers 1 square foot of space, presenting a unique redevelopment or expansion opportunity. The asking price is $900,000. This property is ideal for an entrepreneur seeking a well-situated establishment in a vibrant community. Given its historical significance and prime location, this restaurant space offers significant potential for growth and return on investment. The property's current configuration presents a blank canvas for a creative vision, allowing for customization to suit a variety of culinary concepts. The address, 1355 Station Ave, places the property in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This is a rare chance to acquire a piece of Bethlehem's rich history and capitalize on the thriving local market. Serious inquiries only. Further details are available upon request. The property is being sold as-is.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1900
Construction
TYPE NOT SPECIFIED
Total area
3,928 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R-1
APN
643522896152-1
UPID
US73-5926398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ye Olde Spring Valley Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$550k
Owner & transaction history
Prince Real Estate Group LLC
Prince Real Estate Group LLC
since 2025
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
R-1 · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$840,000
+12.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$745,000
Current use
MEDICAL BUILDING
$840,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$630,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $600k (Jun 29 2025)
Last sale anchor
$600k
Jun 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$140 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,771
Tax year 2024
Assessed value
$298,500
Assessed 2024
Previous assessed
$298,500
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$92,100
Assessed improvement
$206,400
Land market value
$92,100
Improvement market value
$206,400
Total market value
$298,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
12
Bathrooms
8
Total area
3,928 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R-1
APN
643522896152-1
UPID
US73-5926398
Jurisdiction
LEHIGH
Zoning & alternative use
R-1 · Bethlehem, PA
Zoning R-1 · permitted uses
R-1 · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$745,000
MEDICAL BUILDING
Est. value
$840,000
RETAIL STORES
Est. value
$630,000
RESTAURANT Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
12
Bathrooms
8
Lot
0.47 ac
Current owner
From public records · entity-resolved
Prince Real Estate Group LLC
Entity
Mailing address
1355 STA AVE, BETHLEHEM, PA 18015-9069
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$600,000
Prince Real Estate Group LLC
Four Stooges LLC
Deed
$413,000 · Four Stooges LLC
Mar 12, 2020
—
Four Stooges LLC
—
Deed
related
$365,000 · Truist Bank
Dec 24, 2012
$90,000
Four Stooges LLC
Coba INC
Grant Deed
$280,000 · Milestone Bank
Oct 12, 2009
$11,630
Coba INC
Sheriff Of Lehigh County
Trustees Deed
—
May 18, 2007
$595,000
Spring Valley Holding Co
Green,rex W & Mary B
Grant Deed
—
—
—
Four Stooges LLC
—
Loan Modification
related
$380,000 · Milestone Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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