Community Corner
What Goes in 14-18 W. Third St?
Vacant storefront is across the street from Banana Factory, Lehigh Pizza and sits in the Keystone Innovation Zone. What goes here? Tell us in the comments.
The vacant storefront and property at 14-18 W. Third St. has been listed for lease for more than three years and been vacant for probably a lot longer than that.
But for some smart investor, it could be a gem. It sits across the street from and the along a stretch of street that lies in a heavily traveled area between the Fahy Bridge and the Brodhead Street entrance to the Hill-to-Hill Bridge.
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The property is also in the Keystone Innovation Zone, which provides a variety of financial incentives – including direct state subsidies and the ability to sell tax credits – for high-tech entrepreneurial start-up businesses near
According to the city's Department of Community and Economic Development, within a one mile radius of this property, there are:
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- 26,632 residents
- annual consumer spending of $248,618,000
- a total of 1,154 businesses
- 16,838 employees
The 112-year-old building has 6,000 square feet of space. The storefront retail portion has 2,000 square feet of space to lease at $15 a square foot a year.
What goes here, Bethlehem? Tell us in the comments.
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