Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Building One 181 S Whitfield St 28,000 SF 100% Leased Office Building Nazareth, PA 18064 $2,495,000 ($89.11/SF) 7.60% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent walkability (Walk Score: 77)
  • Fully leased, multi-tenancy (100% occupancy

EXECUTIVE SUMMARY

Exceptional Investment Opportunity in Historic Nazareth Borough This well-maintained industrial facility offers a versatile layout ideal for manufacturing, operations, and administrative use. Introducing Building One at 181 S Whitfield St—a fully leased, class C office/residential landmark built in 1858. This two-story property offers ~28,000 SF of space, distributed evenly across 14,000 SF per floor, and shines with a 7.6% cap rate and solid NOI of $205,156. Priced at $2,495.000, it's zoned for 21R7 Medium-Density Residential, enabling a wide range of future uses—from mixed-use redevelopment to long-term hold. Nestled on a ~0.72-acre lot with minimal property taxes and exceptional walkability (Walk Score 77), this building combines character, cash flow, and flexibility
Remarks

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
28,000 SF
Building Class
C
Year Built
1858
Price
$2,495,000
Price Per SF
$89.11
Cap Rate
7.60%
NOI
$189,620
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,000 SF
Building FAR
0.89
Lot Size
0.72 AC
Zoning
21R7 - R7-Medium Density Residential
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
J7SE3C-2-3-0421
Land Assessment
$41,000
Improvements Assessment
$119,000
Total Assessment
$160,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 36611454

  • Date on Market: 7/4/2025

  • Last Updated:

  • Address: 181 S Whitfield St, Nazareth, PA 18064

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}