701 W Broad St, Unit 206 Bethlehem, PA 18018
Property profile & analytics
701 W Broad St, Unit 206, Bethlehem, PA 18018
- Office buildings
- 21,420 SF
- 0.38 lot acres
Property ID
US73-1649734
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- #Leegerem / Spa & Massage Center / Skin Care Clinic
- Urbine Deacon W / Family Counselor
- Speed Car Carrier / Trucking Company
- Cindy Lou Lapp w/ DLP Realty Listing Specialist / Real Estate Agency
- R4 Architecture / Architect
Property Details for 701 W Broad St
- Year built
- 1960
- Lot size
- 0.38 lot acres
- Zone code
- CL
- Property type
- Office buildings
- APN
- 642728821419-1
- APU
- 6427288214191
Description
This exceptional two-story, 21,420 square foot office building is ideally situated on a corner lot in downtown Bethlehem, Pennsylvania, at the intersection of 6th and Broad Streets. Boasting a prominent location with high visibility, this property benefits from significant daily traffic (16,000 vehicles). The building features 29 suites across its two stories, offering a variety of sizes, particularly on the second floor, suitable for various business needs. Single and multi-year lease options are available. Ample parking is provided with 47 spaces. Multiple entrances enhance accessibility. Excellent signage opportunities exist both at the street level and on a monument sign. The building underwent renovations in 2024, including updates to common areas, a security system, and elevator access, including handicap accessibility. Its strategic location provides easy access to Routes 378, 22, and 78, making it a convenient hub serving Bethlehem, Easton, and Allentown. Built in 1960, this property offers a blend of classic charm and modern amenities, making it an attractive option for businesses seeking a well-maintained and conveniently located office space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,780,000
- 6.5%
- $2,565,000
- 7%
- $2,385,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,269,000
- AI Estimate
- $1,765,000
Market price range: $2.02M - $4.75MMarket price range: $917k - $2.51M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,185,000 Current use
- RESTAURANT
- $4,070,000 Change: +28% Conversion: Moderate
- RETAIL STORES
- $3,430,000 Change: +8% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $3,185,000 Change: -0% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,940,000 Change: -8% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,595,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.3926
- Latitude
- 40.6222
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$49,419
$116,600
$1,623,500
$1,740,100
-
$116,600
$1,623,500
$1,740,100
