Technical
Financial
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Property profile

229 22nd St Easton, PA 18042

OFF-MARKET
Office Spaces
Property ID
US73-4051384
1,862 SF 0.15 ac lot Built 1956
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,862 square foot single-tenant office building, situated in Northampton County, presents a unique investment opportunity. Built in 1956, the property boasts a convenient single-story layout, offering easy accessibility and functionality. Recent upgrades include the installation of new windows and exterior doors, enhancing both energy efficiency and curb appeal. Ample parking is available on-site and on the street, ensuring convenience for staff and clients. The building is fully handicap accessible, catering to a diverse range of potential occupants. Essential utilities are readily available, including public water and sewer connections. Its strategic location directly across from St. Luke’s Hospital – Easton Campus provides unparalleled visibility and accessibility for medical professionals or businesses seeking proximity to a major healthcare facility. The property is zoned H1, offering flexibility for various professional uses. The building's 1,862 square feet of vacant space presents a blank canvas for customization, allowing prospective tenants to tailor the space to their specific needs. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving area. The property's combination of modern upgrades, convenient amenities, and prime location makes it an ideal choice for a variety of businesses. The APN is L9SW1C 21 1 0837.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Total area 1,862 SF
Lot 0.15 ac (6,500 SF)
Zoning code H1
APN L9SW1C 21 1 0837
UPID US73-4051384

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
  • Counselor

Location

229 22nd St Easton, PA 18042-3810
Easton metro Census 17200 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2023
Last sale
$180,000
2 recorded transactions
2023
$180,000
2005
$150,000

Zoning & alternative use

H1 · Easton, PA

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
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