1437 Rte 66 New Bethlehem, PA 16242-2041
This versatile 9,021 square foot industrial property, located at 1437 Route 66 in New Bethlehem, Pennsylvania (zip code 16242), presents a unique investment opportunity. Built in 1955, this vacant building sits on a 0.75-acre lot and offers a blend of warehouse and manufacturing space. Features include a new 3-ton crane system, three-phase power (480/240 volts) with updated electrical boxes, and a front office area complete with men's and women's restrooms. The main workspace boasts approximately 14-foot ceilings and is currently divided into distinct areas for storage, fabrication, machining, and painting. Heating is provided by radiant floor heat in some areas and hot water baseboard heating in others. The property benefits from ample parking in front, plus a large rear carport for additional outdoor storage. Its prime location on Route 66 ensures high visibility and traffic flow. Dual gas service providers offer cost-effective heating options. This property is ideal for a variety of uses, including body shops, fabrication businesses, repair services, or any other suitable enterprise. The property includes 20 parking spaces.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.