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35 E Elizabeth Avenue

Bethlehem City, PA 18018
  • $3,950,000
  • STATUS: Available
  • ON SITE: 48 Days
  • MLS #: 683845
UPDATED: 44 min ago
$3,950,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 39,196
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

52-unit, mixed-use office building available at a prime North Bethlehem location. Diversified, long-term tenant base. 90% occupancy rate. Rents have not been raised in recent years despite considerable CapEx projects. Plethora of parking available for tenants. Major value add opportunity. 8% Cap Rate. Sales includes parking lots located at 1330 Chelsea Avenue (Parcel ID N6SE4A-12-11-0204) and 57 E Greenwich Street (Parcel ID N6SE4A-6-6-0204).

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-18T18:12:56.593.
www.smartwayamerica.com/homes/123640096
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35 E Elizabeth Avenue Bethlehem City, PA 18018

  • Price: $3,950,000
  • Status: Available
  • On Site: 48 Days
  • Updated: 44 min ago
  • MLS #: 683845
0
Beds
0
Baths
0
½ Baths
0.33
Acres
39,196
SQFT
$101
$/SQFT
1950
Built
Neighborhood:
Bethlehem-North
County:
Northampton
Area:
Bethlehem-North
Property Description
52-unit, mixed-use office building available at a prime North Bethlehem location. Diversified, long-term tenant base. 90% occupancy rate. Rents have not been raised in recent years despite considerable CapEx projects. Plethora of parking available for tenants. Major value add opportunity. 8% Cap Rate. Sales includes parking lots located at 1330 Chelsea Avenue (Parcel ID N6SE4A-12-11-0204) and 57 E Greenwich Street (Parcel ID N6SE4A-6-6-0204).
Exterior Features

Location Corner Parking On Site Surface Type Black Top

Interior Features

Building Sq Ft 39196 Cooling Central Ac Heat Type ElectricGas

Property Features

Cross Street Address Chelsea Gross Income 467032 Lot Size Source Tax Records Net Income 299099 Possible Financing Conventional Property Sub Type Category CommercialOffice Building Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 59420.13 Type Of Lease Gross Utilities 300-400 AMP Water Public Year Built Exception Unknown

Listing provided courtesy of Boutique One Properties Llc.


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-18T18:12:56.593.
 
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Smart Way America Realty
528 Seven Bridge Rd. Suite 107
East Stroudsburg PA, 18301