About This Home

This 0-bedroom, 0-bathroom residential multi family at 257 E Central Avenue in East Bangor Boro, PA is listed for $2,700,000 ($228 per sqft). Built in 2001, the home offers 11,855 sqft of living space on a 1.39 acres lot.

Key Features

  • Built in 2001
  • 1.40 acre lot
  • 176 parking spaces

Property Details

176 spaces
2001

Amenities

A/C
Listing Description

Turn-key mixed-use investment opportunity offered at $2.7 in the greater Lehigh Valley area. Situated on a high-visibility corner lot with strong traffic count. Five miles to the NJ/ route 80 highway. Great 1031 replacement property. This unique property on over 4 acres is a long-standing destination with multiple streams and significant upside potential.

Currently owner operated and fully utilized, the site offers flexibility for investors, owner-users, or hospitality operators seeking scale and repositioning opportunities. Building one: Featuring 5988 sqft built in 2001 includes a well-established restaurant with seating for approximately 176 guests, a full commercial kitchen with extensive high- end equipment, large ADA compliant restrooms, and upper-level event space.

The layout supports immediate operation while offering the ability to optimize efficiencies or increase rental income. Building two: Features 5867 sqft built 1900. Includes an ice cream shop, office space, a three-bedroom apartment, and additional flexible commercial areas that can be subdivided for added income.

The property also benefits from multiple garage bays with storage. Equipment includes two nearly new Taylor soft-serve machines, commercial refrigeration, bakery capabilities, and complete dining setup. Also parking for 150+ vehicles and well-maintained FF&E.

All buildings feature newer metal roofs, minimizing near- term capital expenses. With multiple revenue streams excellent access to surrounding towns and commuter routes, this is a rare opportunity to acquire a versatile, income producing assets with both immediate functionality and long-term upside.

Additional acreage and rental income on adjacent parcels may also be available for sale, new listing price represents the additional 5 parcels. In addition to continued restaurant or hospitality use, investors may explore the potential for redevelopment, including demolition and new construction, subject to zoning, municipal approvals, land-use regulations, and feasibility studies.

Whether continuing the existing operation, repositioning the property, or investigating a future redevelopment project, this offering presents an opportunity to explore multiple investment strategies in Northampton County. Buyer to verify property dimensions, equipment inclusions, zoning, permitted uses, demolition requirements, and redevelopment feasibility.

Monthly Cost Estimate

$14,440/mo

20% down · 6.5% · 30 years

Principal$1,953
Interest$11,700
Insurance$788

Estimates only. Actual payments may vary.

Location

257 E Central Avenue

East Bangor Boro, PA 18013

Not in Development

Property Details

Parking

Parking LotOff StreetGarage

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 257 E Central Avenue is listed at $2,700,000 ($228/sqft). The estimated monthly payment is $14,441 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2001, 1.40 acre lot, 176 parking spaces.

This property is listed by Lily Fisher.

LF

Lily Fisher

Agent at Howard Hanna The Frederick Group

Listed by Howard Hanna The Frederick Group · Broker phone: (610) 398-0411 · View on Broker Site · Broker website

MLS# 776172· Source: Greater Lehigh Valley REALTORS· 185 days on PropertySimple

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

257 E Central Avenue, East Bangor Boro, PA 18013

Open this listing in: