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Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,752 sqft
Price per Sqft $63
MLS Listing ID 768435
Sold Date 03/31/26
HOA Y/N No
Year Built 1900
Annual Tax Amount $6,274
Lot Size 4,007 Sqft
Acres 0.092
Property Sub-Type Apartment
Property Description
Exceptional Investment Opportunity in the Heart of Downtown Nazareth! This three-story brick building presents a rare chance to acquire a mixed-use property with substantial value-add potential. The first floor features a commercial space formerly operated as a Chinese restaurant, offering excellent frontage and visibility for future retail, dining, or professional use. The upper levels consist of two expansive 3-bedroom residential units, each known for their generous layouts and classic architectural character. Following a recent fire, the entire structure has been professionally stripped to the studs, providing a ready foundation for redevelopment, modernization, or full redesign. Situated in a prime downtown location with strong rental demand and consistent foot traffic, this property is ideally positioned for investors seeking to reposition a prominent building, capitalize on mixed-use revenue streams, or create long-term cash-flow stability. The zoning allows 1st fl commercial and 3 apartments units without zoning hearing.
Location
State PA
County Northampton
Area Nazareth
Direction PA-248 to S. Broad Street, Left on E Prospect, Right on S Main
Interior
Heating Gas
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Street Surface Asphalt
Road Frontage City Street
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Schools
School District Nazareth
Others
Tax ID J7SE3A 9 17 0421
Financing Cash
Special Listing Condition None
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