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1183 Mechanic - APPROVED MULTI-FAMILY BUILDING SITE 0.12 Acres of Residential Land Offered at $125,000 in Bethlehem, PA 18015
EXECUTIVE SUMMARY
Berkshire Hathaway Fox & Roach Commercial is proud to offer the building lot at 1183 Mechanic Street located in the highly sought-after southside of Bethlehem, Pennsylvania.
This lot is located three blocks from the Wind Creek Casino, less than 2 miles from Lehigh University and in the heart of the burgeoning south side of Bethlehem. This historic area has undergone massive development in the last 7 years with scores of retail, hospitality, restaurant, multifamily and renovation projects. Demand and supporting metrics remain extremely strong for residential & commercial rents and supporting property values.
The Seller purchased the site in 2023 and developed construction plans for a progressive four (4) unit apartment building. The plans were completed and successfully taken through the municipal zoning approval process for improved lot coverage and setbacks to provide for this dramatic approved project. The Seller no longer has the interest in pursuing the project and is making the land and approved plan available for sale
This lot is located three blocks from the Wind Creek Casino, less than 2 miles from Lehigh University and in the heart of the burgeoning south side of Bethlehem. This historic area has undergone massive development in the last 7 years with scores of retail, hospitality, restaurant, multifamily and renovation projects. Demand and supporting metrics remain extremely strong for residential & commercial rents and supporting property values.
The Seller purchased the site in 2023 and developed construction plans for a progressive four (4) unit apartment building. The plans were completed and successfully taken through the municipal zoning approval process for improved lot coverage and setbacks to provide for this dramatic approved project. The Seller no longer has the interest in pursuing the project and is making the land and approved plan available for sale
PROPERTY FACTS Under Contract
| Price | $125,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Property Type | Land | ||
| Zoning | Rm-Residential | ||
| Price | $125,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.12 AC |
| Zoning | Rm-Residential |
1 LOT AVAILABLE
Lot
| Price | $125,000 | Lot Size | 0.12 AC |
| Price Per AC | $1,063,476.80 |
| Price | $125,000 |
| Price Per AC | $1,063,476.80 |
| Lot Size | 0.12 AC |
Corner lot - sloping front to back
DESCRIPTION
The Seller purchased the site in 2023 and developed construction plans for a progressive four (4) unit apartment building. The plans were completed and successfully taken through the municipal zoning approval process for improved lot coverage and setbacks to provide for this dramatic approved project.
Walk Score®
Very Walkable (72)
1 of 7
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1183 Mechanic - APPROVED MULTI-FAMILY BUILDING SITE
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