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111 Research Dr
Bethlehem, PA 18015
Bethlehem / Fountain Hill · Specialty Property For Sale
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19,498 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 19,498 SF |
| Building Class | B | No. Stories | 3 |
| Lot Size | 7.02 AC | Year Built | 1900 |
| Zoning | 04CM | ||
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 7.02 AC |
| Building Size | 19,498 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | 04CM |
ABOUT 111 RESEARCH DR , BETHLEHEM, PA 18015
BHGRE Commercial Real estate is proud to announce the sale of a commercial property in the Bethlehem/Fountain Hill Pennsylvania area. The owner has requested the address be withheld due to the existing business which will remain in operation until settlement. This property has 19,498 total SF of useable space. The building is comprised of a main floor with 7,860 SF, a lower level with 7,860 SF, and three residential rental apartments on the 2nd floor totaling 3,778 SF. Off-street parking onsite for approx. 20 vehicles and the property is located on a main roadway with traffic count exceeding 15k vehicles per day. The main level has a wide-open floor plan currently being utilized as retail. The lower level is currently being used as both retail and storage with a small loading dock and man doors. The 2nd floor contains two 3-Bedroom apartments and one 1-Bedroom apartment. The residential units need updating and a projected renovation expense has been factored into the sale price. Projected total residential rents should approach $3,000 per month.
PROPERTY TAXES
| Parcel Number | P6-3-3-0204-E | Improvements Assessment | $10,656,300 |
| Land Assessment | $3,666,300 | Total Assessment | $14,322,600 |
PROPERTY TAXES
