425 Northampton St, Easton, PA 18042
- Investment properties
- 8,382 SF
- 0.17 lot acres
Current Use by Public Records
- Love Pho & PL Cafe / Restaurant
- Vietnamese Noodle House / Restaurant
Property Details for 425 Northampton St
- Year built
- 1900
- Lot size
- 0.17 lot acres
- Zone code
- BRI
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- L9SE2A 9 9 0310
- APU
- L9SE2A990310
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 4, 2019 | — | Peter Pham | Peter Pham | Quit Claim Deed · related | — |
| Aug 23, 2019 | $173,594 | Peter Pham | 425 429 North Hampton Street LLC | Special Warranty Deed | $392k · Fortune Mortgage Co |
| Jun 30, 2017 | — | 425-429 Northampton Street LLC | — | Deed · related | $150k · Vinh D Nguyen |
| Jul 18, 2016 | $318,280 | 425-429 Northampton Street LLC | Trinh,tuan | Quit Claim Deed · related | $184k · Patch Of Land Lndg |
| — | — | 425-429 Northampton Street LLC | — | Deed Of Trust · related | $150k · Vinh D Nguyen |
Description
This exceptional commercial property at 425 Northampton Street in Easton, Pennsylvania presents a lucrative investment opportunity. The building boasts approximately 8320 square feet across four stories, strategically located in the heart of downtown Easton. The ground floor currently houses two thriving, separately operated businesses: a restaurant and a grocery store. Both are fully equipped with all necessary furniture, kitchen appliances, and equipment, ensuring a seamless transition for new ownership. Above the commercial spaces, the building features three spacious three-bedroom apartments, providing additional income streams and potential for future development or renovation. This multi-use property offers a diverse range of income-generating possibilities, making it an attractive investment for both seasoned and emerging investors. Its prime location offers easy access to major transportation arteries, including Route 22 and I-78, enhancing its appeal and accessibility. The property is offered at $1,650,000 and presents a rare chance to acquire a well-established, high-performing commercial building in a vibrant and growing downtown area. The existing businesses and rental units provide immediate cash flow, while the substantial square footage allows for future expansion or diversification of the property's income streams. This is a turnkey operation ready for immediate ownership and management. The property sits on a 0-acre lot.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $837,000
- AI Estimate
- $523,000
Market price range: $604k - $1.52MMarket price range: $341k - $959k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,035,000 Current use
- RESTAURANT
- $940,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Easton
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.2118
- Latitude
- 40.6915
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
