Seasonal Italian Ice
220 Claremont Avenue Tamaqua, PA 18252
220 Claremont Avenue, Tamaqua, PA, 18252
$300,000
Pending
For Sale
$300,000
Pending
COMMERCIAL - Tamaqua, PA
Property Size880 SF
Lot Size0.66 Acres
Days on Market409
Property Features for 220 Claremont Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 25-22-0042
- Size
- 880 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block, Stone
Listing agency
Tammy Sword Realty, LLC
(570) 467-0700
Listed by
Tammy Sword · License #RM421963
(570) 467-0700
Added: Jun 10, 2025 Updated: Jul 11 at 4:36PM Checked: Jul 23 at 6:06AM
MLS# PM-133030
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering features a Rita’s Italian Ice franchise with 29 years of established operations. Equipment and signage are included, and the new owner will take over the current lease. The business operates seasonally.
The property is located at 220 Claremont Avenue in Tamaqua, Pennsylvania, in Schuylkill County, and is described as being on the Route 309 corridor.
With a total size of 880 square feet and a lot size of 0.66 acres, the opportunity is presented as a turnkey option for an operator seeking seasonal restaurant operations under an established, branded model.
The property is located at 220 Claremont Avenue in Tamaqua, Pennsylvania, in Schuylkill County, and is described as being on the Route 309 corridor.
With a total size of 880 square feet and a lot size of 0.66 acres, the opportunity is presented as a turnkey option for an operator seeking seasonal restaurant operations under an established, branded model.
Key Highlights
- Rita's Italian Ice franchise with 29 years of established operations and a loyal customer base (per remarks).
- Equipment and signage included.
- New owner will take over the current lease (per remarks).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.7k | $14.40 |
| − Vacancy | −$1.0k | −$1.15 |
| EGI | $11.7k | $13.25 |
| − OpEx | −$2.9k | −$3.31 |
| NOI | $8.7k | $9.94 |
880 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$124.9K
$109.3K – $145.7K
NOI $8,744 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$132.0K
$115.5K – $154.0K
NOI $9,240 @ 7.0% cap · market cap 3.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Rita’s Italian Ice franchise with equipment and signage included, offered with an existing lease transfer to the new owner.
Where is this conventional restaurant located?
The property is located at 220 Claremont Avenue Tamaqua, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Rita's Italian Ice franchise with 29 years of established operations and a loyal customer base (per remarks).; Equipment and signage included.; New owner will take over the current lease (per remarks).
