Property profile

177 N Commerce Way Bethlehem, PA 18017

FOR SALE
Office Spaces
Property ID
US73-0397295
32,423 SF 3.89 ac lot Built 2002
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 32,500 square foot industrial/office building, situated on a 3.885-acre lot in Northampton County, presents a unique leasing opportunity. Built in 2000 and renovated in 2005, this single-story structure boasts a flexible floor plan ideal for a variety of uses, including flex and R&D operations. Currently a multi-tenant building, there is up to 9,800 square feet immediately available for lease, adaptable to specific tenant needs. The property features a 7,000 square foot warehouse addition constructed during the 2005 renovation, enhancing its functionality and storage capacity. The building is equipped with a robust 1,200 amp/480-277 volt electric service, a wet sprinkler system for safety, and convenient dock and drive-in loading doors. High ceilings (20'+) provide ample vertical space, while ample parking ensures convenient access for employees and clients. The property's zoning is Planned Industrial Business, reflecting its suitability for a range of industrial and commercial activities. Its strategic location within a business park setting offers excellent visibility and accessibility. The property enjoys exceptional proximity to major transportation arteries, including being within 2 miles of Route 191 and Route 512 exits off Route 22, and within 5 miles of the Lehigh Valley International Airport (LVIA). The Pennsylvania/New Jersey state line is only 11 miles away, further enhancing its regional accessibility. This property offers a compelling combination of modern amenities, strategic location, and flexible space, making it an ideal choice for businesses seeking a high-quality industrial or office environment. The APN is 4962-17-9671-1530.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2002
Total area 32,423 SF
Lot 3.89 ac (169,448 SF)
Zoning code PIBD
APN M6 15 23 0214
UPID US73-0397295

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
  • Laboratory
  • Industrial Manufacturer Production Facility

Location

177 N Commerce Way Bethlehem, PA 18017
Bethlehem metro Census 17704 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.05M
Comparable Approach Comparable
$4.69M
Blend (final) Blend
$610k

Owner & transaction history

since 2026
Last sale
$5.9M
6 recorded transactions
2026
$5.9M
2024
Price N/A
1999
$344,390
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PIBD · Bethlehem, PA
Top alternative use upside
Retail stores $5.5M +17.8%
Medical building $5.0M +7.1%

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?”
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