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940 N New St 12,972 SF 95% Leased Office Building Bethlehem, PA 18018 $2,247,993 CAD ($173.30 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy traffic
  • Redevelopment potential
  • Bus route

EXECUTIVE SUMMARY

Located in the heart of Downtown Bethlehem, 940 N. New Street is an ideal location for a variety of professional and medical uses. Significant suite and common area upgrades have been completed in the past year. No stairs to gain access to the building and an ample parking lot are among the many attractive qualities of the building. Potential redevelopment opportunity on underutilized lot.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $310,692 $23.95
Other Income - -
Vacancy Loss $31,069 $2.40
Effective Gross Income $279,623 $21.56
Taxes $45,523 $3.51
Operating Expenses $43,253 $3.33
Total Expenses $88,776 $6.84
Net Operating Income $190,847 $14.71

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $310,692
Annual Per SF $23.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $31,069
Annual Per SF $2.40
Effective Gross Income (CAD)
Annual $279,623
Annual Per SF $21.56
Taxes (CAD)
Annual $45,523
Annual Per SF $3.51
Operating Expenses (CAD)
Annual $43,253
Annual Per SF $3.33
Total Expenses (CAD)
Annual $88,776
Annual Per SF $6.84
Net Operating Income (CAD)
Annual $190,847
Annual Per SF $14.71

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,972 SF
Building Class
B
Year Built/Renovated
1920/1984
Price
$2,247,993 CAD
Price Per SF
$173.30 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,544 SF
Building FAR
0.40
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
04CG - CG - General Commercial
Parking
27 Spaces (3.72 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

CleanSlate est l'un des principaux fournisseurs de traitement ambulatoire de la toxicomanie spécialisé dans les troubles liés à la consommation d'alcool et d'opioïdes. Engagé à offrir des soins fondés sur des données probantes et centrés sur le patient, CleanSlate offre des plans de traitement personnalisés qui combinent un traitement médicamenteux (TAM) avec des conseils et un soutien continu. Fondée avec la conviction que la toxicomanie est une maladie traitable, l'entreprise vise à aider les personnes à se rétablir durablement grâce à des soins compatissants et intégrés. Avec des bureaux aux États-Unis, l'équipe de professionnels de la santé et de spécialistes de la toxicomanie de CleanSlate travaille en collaboration pour guider les patients dans leur cheminement de rétablissement. L'entreprise met également l'accent sur l'éducation communautaire, la défense des intérêts et la réduction de la stigmatisation entourant la toxicomanie. CleanSlate continue d'élargir son réseau en offrant un traitement accessible et efficace aux personnes dans le besoin.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 600 SF
  • Office
  • -
  • Feb 2026
Space Size Space Use Condition Available
1st Floor 600 SF Office - Feb 2026

1st Floor

Size
600 SF
Space Use
Office
Condition
-
Available
Feb 2026
Walk Score®
Very Walkable (76)
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
N6SE4D-30-1-0204
Land Assessment
$54,802 CAD
Improvements Assessment
$450,073 CAD
Total Assessment
$504,875 CAD
Annual Taxes
$45,523 CAD ($3.51 CAD/SF)
Tax Year
2025
  • Listing ID: 34570046

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 940 N New St, Bethlehem, PA 18018

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