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Park Plaza Office Bldg 3400 Bath Pike 43,994 SF 72% Leased Office Building Bethlehem, PA 18017 $8,026,540 CAD ($182.45 CAD/SF) 7.91% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located at the signalized intersection of Routes 22 and 512, situated on a corner lot.
  • Centrally located to major highways, shopping, hospitals, colleges, and more.
  • Park like setting on seven acres overlooking the scenic Monocacy Creek.
  • Option to build to suit with landlord fit-out allowance.

EXECUTIVE SUMMARY

Welcome to the office building at 3400 Bath Pike, a prestigious commercial property located in the thriving city of Bethlehem, PA. This impressive office building offers a prime location, modern amenities, and a professional atmosphere, making it an ideal choice for businesses seeking a distinguished workspace. The building features a well-maintained exterior with a sleek and contemporary design. Upon entering the building, you'll be greeted by a tastefully appointed lobby that sets the tone for the entire space. The lobby features stylish finishes, comfortable seating, and a welcoming ambiance, making a positive first impression on clients and visitors. The office building offers a range of flexible floor plans to accommodate various business needs. Whether you're a small startup, a growing firm, or an established corporation, you'll find suitable spaces that can be tailored to your specific requirements. The office suites are designed to maximize productivity and efficiency, featuring ample natural light, ergonomic workstations, and high-quality finishes throughout. Ample parking is available on-site for patrons. Electric (heat and air conditioning) included. There is the option to build to suit with Landlord fit-out allowance. This location is ideal for medical and professional uses. Surrounding the office building, you'll find an array of amenities including restaurants, cafes, shops, and other essential services. These conveniences provide employees with a range of options for dining, running errands, and entertaining clients. Whether you're looking to establish a new office or relocate your existing business, the office building at 3400 Bath Pike offers a prestigious address, modern amenities, and a supportive business environment. Don't miss this opportunity to elevate your business and create a professional presence in Bethlehem, PA.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
43,994 SF
Building Class
B
Year Built
1970
Price
$8,026,540 CAD
Price Per SF
$182.45 CAD
Cap Rate
7.91%
NOI
$635,144 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,250 SF
Building FAR
0.15
Lot Size
6.92 AC
Zoning
Commercial - Commercial
Parking
11 Spaces

AMENITIES

  • Atrium
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 3rd Fl-Ste 302
  • 1,832 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Fl-Ste 312
  • 1,585 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Fl-Ste 400
  • 3,015 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Fl-Ste 410
  • 2,350 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
3rd Fl-Ste 302 1,832 SF Office Full Build-Out Now
3rd Fl-Ste 312 1,585 SF Office Full Build-Out Now
4th Fl-Ste 400 3,015 SF Office Full Build-Out Now
4th Fl-Ste 410 2,350 SF Office Full Build-Out Now

3rd Fl-Ste 302

Size
1,832 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 312

Size
1,585 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 400

Size
3,015 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 410

Size
2,350 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 302

Size 1,832 SF
Space Use Office
Condition Full Build-Out
Available Now

3rd Fl-Ste 312

Size 1,585 SF
Space Use Office
Condition Full Build-Out
Available Now

4th Fl-Ste 400

Size 3,015 SF
Space Use Office
Condition Full Build-Out
Available Now

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
5,151
72,198
161,826
2024 Population
5,037
72,349
164,390
Population Growth '20-'24
-2.2%
0.2%
1.6%
2020 Households
2,164
30,152
63,241
2024 Households
2,111
30,079
63,425
Household Growth '20-'24
-2.5%
-0.2%
0.3%
Average Age
48
43
41
Median Household Income
$88,973
$75,612
$70,166
Daytime Employees
5,375
41,648
106,992
Total Businesses
822
5,337
10,191
College Degree + Higher
49%
36%
31%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M6-1-1-0214
Land Assessment
$263,696 CAD
Improvements Assessment
$1,344,571 CAD
Total Assessment
$1,608,267 CAD
  • Listing ID: 28629043

  • Date on Market: 2023-06-01

  • Last Updated:

  • Address: 3400 Bath Pike, Bethlehem, PA 18017

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