35 East Elizabeth Avenue
Bethlehem City, PA 18018
- – beds
- – baths
- 39,196 sqft
- 14,240 sqft lot
- $95 per sqft
- 1950 build
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52-unit, mixed-use office building available at a prime North Bethlehem location. Diversified, long-term tenant base. 90% occupancy rate. Rents have not been raised in recent years despite considerable CapEx projects. Plethora of parking available for tenants. Major value add opportunity. 8% Cap Rate. Sales includes parking lots located at 1330 Chelsea Avenue (Parcel ID N6SE4A-12-11-0204) and 57 E Greenwich Street (Parcel ID N6SE4A-6-6-0204).
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Last updated Apr 23, 2025
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MLS# 683843 —
The Building
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Year Built:1950
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Year Built Exception:Unknown
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Construction:Brick
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Stories:5.0
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SqFt:39,196 Sqft
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SqFt Source:Tax Records
Location
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Area:Bethlehem-North
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Cross Street Address:Chelsea
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Commercial
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Zoning Code:Cg-General Commercial
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Lot Size Source:Tax Records
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Lot SqFt:14240
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Acres:0.327
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$58,750.23
Heating & Cooling
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Heat:No
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Cooling:Central AC
Utilities
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Water:Public
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Water/Sewer:3793
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Sewer:Public
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Gas:6649
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Electric:32585
Schools
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School District:Bethlehem
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking:Paved Lot
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Parking Spaces:150
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/30/22
Jun 30, 2022
|
Sold | GLVR | $3,750,000 | -5.1% |
|
11/30/21
Nov 30, 2021
|
Listed / Active | GLVR | $3,950,000 |
