2045 Westgate Dr Bethlehem, PA 18017
- Medical Office Space
- 43,970 SF
- 1.96 lot acres
Current Use by Public Records
- Angela Carden, Pocono Mountains & Lehigh Valley Real Estate / Real Estate Agency
- John R.K. Solt, P.C. / Law Firm / Financial Advisor
- Mars Management Inc / Social Service Agency / Medical Clinic
- Mosebach Funt Dayton & Duckworth, P.C. / Law Firm
- Dayton Jr William H / Law Firm
Property Details for 2045 Westgate Dr
- Year built
- 1984
- Lot size
- 1.96 lot acres
- Property size
- 43,970 SF
- Zone code
- I
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 641885104630-1
- APU
- 6418851046301
Description
This exceptional four-story, Class B office building, constructed in 1984, offers 43,970 square feet of versatile space in Bethlehem, Pennsylvania. Located at 2045 Westgate Dr, 18017, this highly visible property boasts a convenient location off Schoenersville Road, providing excellent access and visibility. The building features a total of five suites, with 6,901 square feet currently vacant, offering multiple leasing options ranging from 800 to 4,618 contiguous square feet. The maximum contiguous space available for lease is 3,615 square feet. Ideal for a variety of professional uses, including medical offices, clinics, labs, general office space, law offices, and business services, this property is zoned I. Amenities include 24-hour building access, elevator service, and the possibility of tenant fit-out options. The building is well-maintained and professionally managed, ensuring a comfortable and productive work environment. This is a fantastic opportunity for businesses seeking a long-term lease in a prime Bethlehem location. Lehigh County location provides easy access to major roadways and amenities. The building's multiple suites cater to businesses of various sizes, offering flexibility and scalability.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,690,000
- 6.5%
- $4,330,000
- 7%
- $4,020,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,486,000
Market price range: $1.07M - $5.49M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $9,410,000 Current use
- RESTAURANT
- $8,355,000 Change: -11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4088
- Latitude
- 40.6412
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA