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Property profile & analytics
FOR SALE
Investment properties

425 Northampton St Easton, PA 18042

8,382 SF 0.17 ac lot Built 1900
Individually Owned 6-yr Hold
Property ID
US73-2775548
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Total area 8,382 SF
Lot 0.17 ac (7,548 SF)
Zoning code BRI
APN L9SE2A 9 9 0310
UPID US73-2775548
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
  • Love Pho & PL Cafe Restaurant
  • Vietnamese Noodle House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$837k
Blend (final) Blend
$745k
Owner & transaction history
Peter Pham · 6 yrs held
Peter Pham
since 2019
5 recorded transactions
2019
Price N/A
2019
$173,594
2017
Price N/A
2016
$318,280
1969
Price N/A
Zoning & alternative use
BRI · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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