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Property profile & analytics
OFF-MARKET
Retail space

1627 Main St Northampton, PA 18067-1542

4,380 SF 0.13 ac lot Built 1951
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-0387090
Property summary
AI-generated overview

This exceptional 4,380 square foot retail building at 1627 Main Street, Northampton, PA, is available for $585,000. Situated on a 0.13-acre lot, this C-1 zoned property offers a unique opportunity for a variety of businesses. Currently operating as a long-established dry cleaner, the building presents a turnkey business opportunity for a buyer to continue the existing operation or transition to a different use. The building includes approximately 3,600 square feet of main-level commercial space and a sizable 600 square foot basement, ideal for storage. A significant advantage is the recently installed (five years old) heat blower, ensuring efficient and cost-effective climate control. Three-phase electric service is also in place, accommodating a wide range of business needs. The property's prime location on Main Street provides excellent visibility and high foot traffic, with neighboring businesses including Rite Aid, J Steak and Subs, and HNL Lab. Its convenient proximity to Routes 329 and 145 ensures easy accessibility for customers and employees. The C-1 zoning allows for a diverse range of uses, including but not limited to insurance and real estate offices, beauty and barber services, childcare facilities, medical and other healthcare services, and residential uses compliant with township codes. This presents a compelling investment opportunity in a thriving commercial area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 4,380 SF
Lot 0.13 ac (5,600 SF)
Zoning code C1
APN L4SW4C 10 24 0522
UPID US73-0387090
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
  • Moore Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cathy J Moore · 9 yrs held
Cathy J Moore
since 2017
5 recorded transactions
2017
$140,000
2014
$32,000
1999
$133,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Northampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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