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Property profile & analytics
FOR LEASE
Turn key restaurants

580 S Broad St Nazareth, PA 18064

2,485 SF 0.39 ac lot Built 1989
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US73-5700521
Property summary
AI-generated overview

This exceptional 2,485-square-foot retail space, located at 580 S Broad St in Nazareth, Pennsylvania, presents a unique investment opportunity. The property, built in 1989 and extensively renovated in 2021, sits on a 0.39-acre lot and boasts a single-tenant occupancy. Currently vacant, the space offers significant potential for a variety of uses. Previously occupied by a Pizza Hut restaurant, the building requires some renovation to suit a new tenant's needs. However, its adaptable layout makes it suitable for a range of businesses, including restaurants (pizza, BBQ, Asian cuisine, etc.), or even conversion to medical or professional office space. A key advantage is the dedicated parking lot providing 35 spaces, ensuring ample customer and employee parking. The property is zoned 21LI within Northampton County and features one single-story building. The APN is K7NE2A-4-16A-0421. This high-visibility location in Nazareth, PA (zip code 18064) offers excellent accessibility and strong potential for attracting a diverse clientele. Don't miss this chance to acquire a versatile commercial property in a thriving community.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Total area 2,485 SF
Lot 0.39 ac (16,928 SF)
Zoning code LI
APN K7NE2A 4 16A 0421
UPID US73-5700521
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
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
D & G Associates LLC · 17 yrs held
D & G Associates LLC
since 2008
2 recorded transactions
2011
Price N/A
2008
$494,000
Zoning & alternative use
LI · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§408. LI District; Light Industrial. The purpose of this zoning district is to provide an area suitable for manufacturing uses relative to utility availability, adjoining land uses and access. 1. Permitted Principal Uses. A. Any manufacturing or assembly operation meeting the performance standards of this

Zone name Light Industrial
General category INDUSTRIAL
Zone area 58.47 ac
Source CHAPTER 27 ZONING
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