462 Bushkill Center Rd Nazareth, PA 18064
- Investment properties
- 3,049 SF
- 0.34 lot acres
Current Use by Public Records
- Missing Piece / Gift Shop
Property Details for 462 Bushkill Center Rd
- Year built
- 1934
- Lot size
- 0.34 lot acres
- Property size
- 3,049 SF
- Zone code
- NC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- J7NE2 2 12 0406
- APU
- J7NE22120406
Description
This iconic 3,049 square foot commercial building, situated on a 0.35-acre lot at 462 Bushkill Center Road in Nazareth, Pennsylvania, presents a unique investment opportunity. Established in 1934, this solid brick structure boasts a rich history as a successful retail and furniture store, benefiting from superb exposure on a heavily traveled road within the Nazareth School District. The main floor features a spacious, open-concept layout ideal for a showroom, complemented by large front windows perfect for product displays and a half-bathroom. Upstairs, several versatile rooms are suitable for offices or other uses, along with a convenient kitchenette and a full bathroom. A large, dry basement provides ample storage space. The property offers convenient parking for up to eleven vehicles. A detached heated garage in the rear adds further potential for storage or additional office space. This property offers endless possibilities for a variety of commercial uses, capitalizing on its prime location and established history. The asking price is $469,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $470,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $420,000
- Mixed-Use
- $505,000
- Hospitality
- $420,000
- Educational
- $425,000
- Residential Income
- $460,000
- Energy
- $480,000
- Income-Based Land
- $440,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Nazareth
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3092
- Latitude
- 40.7595
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA