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    Hazleton, PA
    Conventional Restaurant

    Hazleton, PA Conventional Restaurants for Sale

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    West Hazleton, PA Hazle Township, PA Junedale, PA Sugarloaf, PA Drums, PA Freeland, PA Luzerne, PA Weatherly, PA
    Established Restaurant Business For Sale
    Updated: Jul 12, 2017
    Established Restaurant Business For Sale

    984 N Sherman Ct, Hazleton, PA 18201

    $284,900
    1,800 sqft
    Turn‑key restaurant business for sale with a long‑standing successful history (18 years).
    Strong Net Operating Income (NOI).
    Owner financing available for qualified buyers.
    Proven resilience to economic downturns (recession and COVID‑19 proof).
    Combination of take‑out and in‑person dining options.
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    This listing looks promising.

    Here's a quick look at some key insights for

    984 N Sherman Ct, Hazleton, PA 18201

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $277K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hazleton, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Building, Jim Thorpe
    Prime Commercial Building, Jim Thorpe

    1795 State Route 903, Jim Thorpe, PA 18229

    $499,900
    6,930 sqft 1.08 AC lot

    Move-in ready commercial building with high visibility and ample parking.

    View details
    Mixed-Use Building with Ice Cream Parlor
    Mixed-Use Building with Ice Cream Parlor

    300 Lafayette Street, Tamaqua, PA 18252

    $204,000
    5,600 sqft 0.12 AC lot

    Three-level mixed-use building includes a working ice cream parlor, a commercial kitchen, and residential space.

    View details
    Seasonal Italian Ice Restaurant
    Seasonal Italian Ice Restaurant

    220 Claremont Avenue, Tamaqua, PA 18252

    $300,000
    880 sqft 0.66 AC lot

    Rita’s Italian Ice franchise with equipment and signage included, offered with an existing lease transfer to the new owner.

    View details
    Turnkey Restaurant and Bar With Deck
    Turnkey Restaurant and Bar With Deck

    Jim Thorpe, PA 18229

    $999,900
    2.00 AC lot

    Newly refurbished restaurant and bar with dining room, bar, party room, and exterior deck, offered turnkey with liquor license.

    View details

    Hazleton, PA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Hazleton, PA on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $284,900.

    Sale prices for conventional restaurants in Hazleton, PA start at $284,900, averaging $284,900, and reaching up to $284,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 45K
    Population Growth (5Y) +15.3%
    Median Household Income $47,445
    College Educated 23.4%

    High-Yield Neighborhoods for Investment

    Identify Hazleton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18201 $284.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.26%
    Property Tax per SF $46.83 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Luzerne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Luzerne County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Hazleton fall within the 50,000 to 100,000 square foot range.

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