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    OFF-MARKET
    Banks

    394 Berwick St, Easton, PA 18042-6558

    2,694 SF 0.04 ac lot Built 1955
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US73-3909332
    Property summary
    AI-generated overview

    This exceptional 2,694-square-foot retail property in Easton, Pennsylvania, presents a unique investment opportunity. Located at 394 W Berwick St, this single-story building, constructed in 1955, offers a versatile space previously used as a bank branch, complete with a drive-thru. The property sits on a 0.04-acre lot and includes 12 parking spaces, providing ample convenience for customers. Currently vacant, the building is zoned R-MD, allowing for a variety of uses, including but not limited to a convenience store (variance already in place), coffee shop, business services, or medical services. The property benefits from its location within the Street Corridor Overlay District and enjoys proximity to a 55-unit apartment complex (built 2022), a Dollar General, and the Easton Yards Apartment building, all within one block. The annual property taxes are $3.35 per square foot. This location offers excellent visibility and accessibility within a thriving commercial environment in Easton, a vibrant town along the Delaware River known for its historic charm and strong sense of community. The property's combination of existing infrastructure, convenient location, and flexible zoning makes it an ideal canvas for a variety of commercial ventures. The Northampton County APN is L9SE3D 25 20 0310. The zip code is 18042.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1955
    Total area 2,694 SF
    Lot 0.04 ac (1,890 SF)
    Zoning code RMD
    APN L9SE3D 25 20 0310
    UPID US73-3909332
    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
    • Wells Fargo ATM Atm
    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
    Kaushal Realty LLC · 3 yrs held
    Kaushal Realty LLC
    since 2023
    Last sale
    $239,000
    2 recorded transactions
    2023
    $239,000
    2017
    $91,000
    Zoning & alternative use
    RMD · Easton, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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