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26536233
26536243

500 Belfast Rd, Nazareth, PA 18064-9281

PM
PA RB070261
SAFFRON REAL ESTATE
Listed by SAFFRON REAL ESTATE
$695,000
318 days on market
Updated 25 days ago

500 Belfast Road, Plainfield Twp PA, 18064-9281

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 3,900
Net Rentable (SqFt) 3,900
Units 2
Cap Rate 8.25%
NOI $57,356
Occupancy 100%
Lease Type NN+
Broker Co-Op Yes
Year Built 1900
Year Renovated 2025
Lot Size (SqFt) 22,220
Zoning Vc-Village Center
Investment Type Net Lease
Occupancy Date 05/05/2025
Ground Lease No

Mixed Use | 8.25% CAP | 3,900 SqFt

Marketing description

Gross income of $66,600. Exceptional corner mixed-use investment offering strong cash flow and prime visibility. The current owner has invested over $100,000 in renovations, delivering a fully updated, turn-key, income-producing property with no additional work required. The commercial unit—currently operating as an office/convenience store/grocery/smoke shop with gaming machines and a customer half bath—is leased at $3,500/month. The spacious 3-bedroom, 2-bath apartment with private entry features a living room, dining room, mudroom, and in-unit washer and dryer, and is rented for $1,850/month. An additional shed provides income potential of $200/month, bringing total monthly income to $5,550. Tenants pay their own utilities, maximising net returns. The property also includes an attached 2-bedroom, 2-bath unit, a garage, and an unfinished basement ideal for storage or future expansion. Recent upgrades include full interior renovations, split heating and cooling systems throughout, a paved driveway, and parking for up to 10 vehicles. Strategically positioned on a high-visibility corner, this property offers excellent upside potential—expand the existing business with food service or additional product lines to further increase revenue. Whether you're an owner-operator or investor, this is a rare, move-in-ready opportunity. Schedule your showing today.

Listing Contacts

PM
PA RB070261
SAFFRON REAL ESTATE
Listed by SAFFRON REAL ESTATE

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,356.00
$4,779.67/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

Map

Zoning

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VC MixedMixed UseVillage Center
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View all 86 uses
View all 86 uses
Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Preety Minhas
License
RB070261
Brokerage
SAFFRON REAL ESTATE
Brokerage Phone
484-222-8698
Title
Real Estate Broker
Brokerage Address
23 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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