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49 N Broad St 5,038 SF 100% Leased Retail Building Nazareth, PA 18064 $525,000 ($104.21/SF)
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Walking Distance to Neighborhood Retail and Professional Offices
- Downtown General Commercial District
EXECUTIVE SUMMARY
NOW AVAILABLE IN THE HEART OF NAZARETH BOROUGH...FREESTANDING MIXED-USE PROPERTY LOCATED ON N. BROAD ST. JUST OFF OF RT. 191 FEATURING A NEWLY UPDATED, FULLY OPERATIONAL FIRST FLOOR BAKERY WITH DINING AREA AND BEAUTIFULLY UPDATED, VERY LARGE 3 BR SECOND FLOOR APARTMENT. BOTH UNITS ARE 100% OCCUPIED BY SAME TENANT WITH LONG TERM LEASE IN PLACE. THIS INVESTMENT PROPERTY IS A FINE OPPORTUNITY FOR ANY BUYER SEEKING TO CAPTURE IMMEDIATE, STABLE CASH FLOW. PROPERTIES LIKE THIS IN NAZARETH DO NOT COME AROUND OFTEN.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,038 SF
Building Class
C
Year Built
1930
Price
$525,000
Price Per SF
$104.21
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.37 AC
Zoning
GC - Gc - General Commercial with uses including retail, restaurant, salon, professional services, gift shop.
Parking
7 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
58’ on North Broad Street
AMENITIES
- Smoke Detector
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | J7SE2D-10-3-0421 | Improvements Assessment | $32,700 |
| Land Assessment | $12,600 | Total Assessment | $45,300 |
PROPERTY TAXES
Parcel Number
J7SE2D-10-3-0421
Land Assessment
$12,600
Improvements Assessment
$32,700
Total Assessment
$45,300
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49 N Broad St
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