Entity Owned Property summary
This exceptional two-story, 2,694 square foot office building in West Bethlehem, Pennsylvania, presents a unique leasing opportunity. Located at 401 W Broad St, this prime corner property boasts a desirable location near the town center, offering convenient access to major highways and a short walk to downtown Bethlehem. Built in 1945, the building features eight spacious rooms, a renovated kitchen, and two updated bathrooms, spread across both floors. The property includes four dedicated parking spaces, supplemented by ample on-street parking. Previously utilized as a doctor's office and law firm, this versatile space is suitable for a variety of professional uses, including but not limited to law offices, medical practices, real estate firms, financial services, and architectural or engineering firms. The building is available for lease as a single unit. A five-year lease is offered with a five percent annual rent escalation. Tenant responsibilities include all utilities, snow removal, lawn care, and water/sewer. The monthly rent is $4,000.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(k) CL Limited Commercial District - To provide for less intensive types of commercial uses in areas that include many existing homes or small lots that are immediately adjacent to residential neighborhoods. The intent i…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CL · Bethlehem, PA(k) CL Limited Commercial District - To provide for less intensive types of commercial uses in areas that include many existing homes or small lots that are immediately adjacent to residential neighborhoods. The intent i…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(k) CL Limited Commercial District - To provide for less intensive types of commercial uses in areas that include many existing homes or small lots that are immediately adjacent to residential neighborhoods. The intent i…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CL in Bethlehem, PA.
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