Investment Overview
Situated in one of Bethlehem's most traveled commercial corridors, this redevelopment opportunity offers investors and developers the chance to capitalize on the city's continued residential, mixed-use, and commercial expansion. Currently configured with 7 units across 2 contiguous buildings with excellent potential to increase the number of units or construct new suite layouts. Parcel includes a courtyard with green space and walkways that provides direct tenant access to some of the residential units.
Located in the Southside's revitalization area, the property benefits from exceptional visibility, strong traffic counts, and immediate access to major employers, universities, entertainment destinations, and transportation corridors.
Whether repositioning the existing property or pursuing a complete redevelopment, the flexible zoning allows for a wide range of commercial and mixed-use concepts. Approved uses include: retail, education or support building to a college or university, daycare (adult or child), multifamily dwelling with first floor retail, office with first floor retail, live/work units, and other additional uses.
Contact the listing agents to discuss your proposed use.
Investment Highlights
- Stabilized rents with established, long-term tenants
- Prime redevelopment site in Bethlehem's rapidly growing Southside
- Area boasts strong surrounding residential growth and ongoing private investment
- Potential for roof top access