25 S Broad St, Nazareth, PA 18064
- Office Spaces
- 11,140 SF
- 0.30 lot acres
Current Use by Public Records
- Wright’s Med Spa / Spa & Massage Center / Alternative Medicine Practice
- B.E.S.T. Inc. / Social Service Agency / Medical Clinic
- Catherine Broadt, D.O. / Pediatrician / Physician
- El M Permanent Cosmetics LLC / Medical Clinic / Skin Care Clinic
- Lehigh Valley Cosmetic Dentistry / Dental Office
Property Details for 25 S Broad St
- Year built
- 1945
- Lot size
- 0.30 lot acres
- Zone code
- GC
- Property type
- Office Spaces
- APN
- J7SE3A 5 14 0421
- APU
- J7SE3A5140421
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 29, 2024 | $818,000 | Kaur & Singh LLC | Broad LLC | Deed | $718k · Bank Of America NA |
| Aug 22, 2018 | $585,000 | 25 Broad LLC | Thomas E Kavanagh | Deed | $517k · Jim Thorpe Neighborhood Bank |
| — | — | Mary E Kavanagh | — | Deed Of Trust · related | $446k · Lafayette Ambassador Bank |
| — | — | Thomas E Kavanagh | — | Deed Of Trust · related | $32k · First Union National Bank |
| — | — | Thomas R Stephens | — | Deed Of Trust · related | $154k · Oticon INC |
| — | — | Thomas E Kavanagh | — | Deed Of Trust · related | $500k · Lafayette Ambassador Bank |
| — | — | Thomas E Kavanagh | — | Deed Of Trust · related | $503k · First Union National Bank |
Description
This exceptional 1,225 square foot medical office suite is situated in a Class B building at 25 S Broad St, Nazareth, PA, within Northampton County. Built in 1945, the property boasts 15 on-site parking spaces, providing ample convenience for staff and clients. The suite, previously used as a medical office, is fully equipped with six private offices/patient rooms and a reception area, making it ideal for immediate occupancy. Its prime location in downtown Nazareth offers excellent visibility and accessibility, situated on a heavily trafficked main road. The building enjoys exceptional access to major highways, including Routes 22, 78, and 33, ensuring easy commutes for both employees and patients. This thriving downtown area provides walkability to a variety of shopping, dining, and other professional services, enhancing the overall appeal and convenience of this property. The building is part of a larger complex that also includes a second, larger suite. This location benefits from being in the Lehigh Valley, currently ranked among the top five nationally for economic growth, presenting a strong investment opportunity. The suite's layout is efficient and well-designed, offering a functional and comfortable workspace for medical professionals. The property is available for immediate lease.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $820,000
- ML approach
- $820,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $698,000
- AI Estimate
- $556,000
Market price range: $488k - $1.40MMarket price range: $401k - $1.09M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $980,000 Current use
- RESTAURANT
- $1,245,000 Change: +27% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,175,000 Change: +20% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $915,000 Change: -7% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $910,000 Change: -7% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nazareth
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.309
- Latitude
- 40.7419
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
