Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    232 W Moorestown Road Wind Gap, PA 18091

    View on Map
    Pending
    $1,400,000

    COMMERCIAL - Wind Gap, PA

    Property size:
    4,275 SF
    Lot size:
    1.28 Acres
    Added:
    May 5, 2025
    Days on Market:
    332
    Last Refresh:
    Apr 1 at 1:06 am

    Property Features for 232 W Moorestown Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    G7 2 19B-1 0406
    Size
    4,275 SF
    Lot size
    1.28 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    6840

    Utilities

    Heating system
    Natural Gas, Electric (Heating)
    Cooling system
    Ductless, Central Air
    Water source
    Well

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Brick, Frame

    We can help!

    Listing Contact
    Loren Keim
    Loren Keim

    Listing agent Loren Keim License #RB-045762-L

    Listing office CENTURY 21 Keim - Allentown 90 N Cedar Crest Blvd, PA

    Listing date May 5, 2025

    MLS# PM-131879

    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.

    Overview

    Turnkey Restaurant Opportunity in Lehigh Valley

    This is a restaurant opportunity in the Lehigh Valley. The freestanding building, with over 6,000 square feet, includes all equipment, a liquor license, and a customer base established over 30 years. The business grosses over $900,000 annually. The dining space seats up to 135 guests and features finishes, vestibules, restrooms, and a bar. The commercial kitchen contains equipment. Additional revenue streams include a drive-thru and a carry-out service. The owner is available to assist during the transition. The property size is 4275 square feet and the lot size is 1.28 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wind Gap
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.34025
    Latitude
    40.808483

    Nearby Similar for Sale

    • $675,000

      Turnkey Investment Property with Restaurant

      Restaurant/storefront with apartment and parking in Wind Gap, PA.
      67 Park Avenue, Wind Gap Boro, PA 18091
      View Details
    • $675,000

      Turnkey Commercial Building with Apartment

      Restaurant/storefront with apartment and parking in Wind Gap.
      67 Park Avenue, Wind Gap Boro, PA 18091
      View Details
    • $595,000
      50,000 SF

      Indoor Pickleball Facility For Sale

      Established indoor pickleball facility with 13 courts and 1500+ members.
      61 W 2nd Street, Wind Gap Boro, PA 18091
      View Details
    • Contact for pricing
      2,400 SF

      Giant Anchored Shopping Center

      Shopping center anchored by Giant grocery store in Wind Gap.
      801-837 Male Road, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      183,168 SF

      Giant Anchored Shopping Center

      Dominant shopping center anchored by Giant grocery store.
      805 Male Road, Wind Gap, PA 18091
      View Details

    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant with liquor license, drive-thru, and loyal clientele.
    Where is this restaurant located?
    The property is located at 232 W Moorestown Road Wind Gap, PA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity grossing over $900,000 annually.; Includes a coveted liquor license and all equipment.; Well‑established restaurant with a loyal customer base built over 30 years.
    (800) 648-4421
    We can help!
    Listing Contact
    Loren Keim
    Loren Keim
    Real Estate License ID: RB-045762-L
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!