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Property profile & analytics
FOR SALE
Office buildings

701 W Broad St STE > Bethlehem, PA 18018

21,420 SF 0.38 ac lot Built 1960
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1649734
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Total area 21,420 SF
Lot 0.38 ac (16,650 SF)
Zoning code CL
APN 642728821419-1
UPID US73-1649734
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
  • #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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.57M
Comparable Approach Comparable
$3.27M
Blend (final) Blend
$2.54M
Owner & transaction history
Dlp Building LLC · 12 yrs held
Dlp Building LLC
since 2014
7 recorded transactions
2025
Price N/A
2020
Price N/A
2016
Price N/A
2014
$1.8M
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CL · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.1M +27.8%
Retail stores $3.4M +7.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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