Industrial Properties in Bethlehem, Pennsylvania, offer a unique investment opportunity for those looking to capitalize on the city's rich history and growing economy. With a total population of approximately 75,000, Bethlehem is an attractive location for businesses and investors alike. Industrial Properties in Bethlehem can represent a range of investments, from manufacturing facilities to warehouses and distribution centers. The city's strategic location, with access to major highways and transportation hubs, makes it an ideal location for companies looking to establish a strong presence in the region. Additionally, Bethlehem is home to several major employers, including Wind Creek Bethlehem, St. Luke's Hospital, and Lehigh University, which contribute to the city's economic stability. The city's infrastructure, including electricity provided by PPL Corporation and natural gas supplied by UGI Utilities, also supports the growth of Industrial Properties. With its unique blend of history, education, and industry, Bethlehem is an excellent location for businesses and investors looking to establish a strong presence in the region.
Currently, there are 5 Industrial Properties available for sale in Bethlehem, offering a range of options for investors. The average price per square foot for Industrial Properties in Bethlehem is $139 USD, with an average size of 33,418 square feet. The largest Industrial Property available for sale in Bethlehem is 50,520 square feet. In addition to Industrial Properties, Bethlehem also offers a range of other property types, including Warehouses, which can be found in areas such as the Bethlehem Industrial Park; Land, which can be used for development or redevelopment; Apartment Buildings, which offer a range of investment opportunities in the city's residential market; and Commercial Real Estate, which includes office buildings and retail spaces. With its diverse economy and range of property types, Bethlehem is an attractive location for investors and businesses looking to establish a strong presence in the region. Overall, Bethlehem's unique blend of history, education, and industry makes it an excellent location for businesses and investors looking to establish a strong presence in the region.
What is the average price per square foot for industrial properties in Bethlehem?
The average price per square foot for industrial properties in Bethlehem is $139 USD per square foot, with an average size of 33,418 square feet and a largest size of 50,520 square feet, among the 5 available listings.
How do location and transportation access affect industrial property values?
In Bethlehem, Pennsylvania, the location and transportation access of industrial properties significantly impact their values, with proximity to major highways, airports, and public transportation hubs being key factors in determining their worth.
- Industrial properties located near major highways such as Interstate 78, U.S. Route 22, and Pennsylvania Route 378 tend to have higher values due to their accessibility and connectivity to regional markets.
- Properties situated near Lehigh Valley International Airport, which is located north of the city in Allentown, also tend to have higher values due to their proximity to air cargo and passenger transportation services.
- Additionally, industrial properties with easy access to public transportation hubs such as the Bethlehem Transportation Center and the Wind Creek Bethlehem bus terminal, which provide connections to Allentown, Easton, the Lehigh Valley Mall, and New York City, tend to have higher values due to their convenience and accessibility.
