Turnkey Restaurant and Bar With
For Sale
$999,900
874 State Route 903, Jim Thorpe, PA 18229
COMMERCIAL - Penn Forest Twp, PA
Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$199.98
Days on Market367
Property Features for 874 State Route 903
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Parking features
Parking Lot, Off Street
Exterior features
PropaneTankLeased
Directions
Route 209 to Route 903 in Jim Thorpe follow to restaurant on right
Subdivision
Penn Forest
Standard status
Active
APN
67-51-A11.04
Lot size
2.00 Acres
Taxes and HOA fees
Tax Annual Amount
6132
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating)
Cooling system
Central Air
Water source
Well
Building Details
Year built
1986
Listing Agency:
Real Estate of America
(610) 351-7900
Listed By:
Woody Howell
(610) 351-7900
Added: Jul 29, 2025
Changed: Jul 21
Last Checked: Jul 30 at 11:06PM
MLS# 761625
Copyright © 2026 Greater Lehigh Valley 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.
Offered for sale as a turnkey operation, this newly refurbished restaurant and bar includes the real estate, all equipment, and an R liquor license. The space features a large dining room with hardwood flooring and panoramic glass walls, a welcoming bar, and a private party room that hosts events weekly. Exterior amenities include a spacious deck or patio and landscaped grounds designed for additional guest and activity space. Backend facilities are set up to support a busy operation seven days a week.
Located on State Route 903 in Penn Forest Township, the property is just under five miles from Jim Thorpe’s main activity. It is also conveniently close to two Pennsylvania Turnpike exits. Public park and ride parking for hundreds of vehicles is located directly across the street, supporting year-round visitor flow.
This listing represents a complete restaurant and bar package, with the included equipment and liquor license intended to support immediate food and beverage operations.
Located on State Route 903 in Penn Forest Township, the property is just under five miles from Jim Thorpe’s main activity. It is also conveniently close to two Pennsylvania Turnpike exits. Public park and ride parking for hundreds of vehicles is located directly across the street, supporting year-round visitor flow.
This listing represents a complete restaurant and bar package, with the included equipment and liquor license intended to support immediate food and beverage operations.
Key Highlights
- 3‑acre property with 5,000 SF newly refurbished restaurant and bar space in Jim Thorpe, PA
- Restaurant features large dining room, bar, spacious deck, and private party room for events
- R- liquor license included with the sale, along with all equipment (real estate included)
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 | $96.0k | $19.20 |
| − Vacancy | −$4.3k | −$0.86 |
| EGI | $91.7k | $18.34 |
| − OpEx | −$22.9k | −$4.58 |
| NOI | $68.8k | $13.75 |
5,000 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$982.3K
$859.5K – $1.15M
NOI $68,760 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18229, PA
8,322
Population
4,820
Households
1.7
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
55.3 sq mi
ZIP Area
150
Density / Sq Mi
$67,642
Median Household Income
$40,830
Median Earnings
$931
Median Rent
$215,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly refurbished restaurant and bar with dining room, bar, party room, and exterior deck, offered turnkey with liquor license.
Where is this conventional restaurant located?
The property is located at 874 State Route 903 Jim Thorpe, PA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 3‑acre property with 5,000 SF newly refurbished restaurant and bar space in Jim Thorpe, PA; Restaurant features large dining room, bar, spacious deck, and private party room for events; R- liquor license included with the sale, along with all equipment (real estate included)
