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Restaurant with Upstairs Apartment

1 N Main Street, Ashley, PA 18706

For Sale
$595,000

Restaurant configuration includes a bar, dining room, banquet space, outdoor seating, and an upstairs residential unit.

Property Size5,370 SF
Days on Market155

Property Features for 1 N Main Street

General Information

Standard status Active
Size 5,370 SF
Property subtype Business

Additional Details

Business Included Yes
Highway Access Yes
Patio Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $4,850

Building Details

Building Size 5,370 SF
Year Built 1920
Listing Agency: Button Real Estate
Listed By: Pat Guesto
Source: Luxehomesnepa
Added: Jun 8 Changed: Nov 8 Last Checked: Nov 8 at 5:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Button Real Estate

Rey
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Investment Insights

Based on property information with market context.

This restaurant property, built in 1920, offers more than 100 seats across a bar area with tables, a dining room, and a banquet room. A deck and patio with a lavatory extend the available customer areas. Catering, both on-site and off-site, has been part of the business, which has served the community for 30 years. The property has undergone upkeep and upgrades over time, and parking is available around the building.

A three-bedroom apartment occupies the upper level, providing residential space within the property. The location is close to Interstate 81 and Route 309, with access for visitors from nearby communities and travelers. The restaurant is at 1 N Main Street in Ashley, Pennsylvania.

Key Highlights

  • Restaurant has more than 100 seats, including bar seating, a dining room, and banquet space
  • Three‑bedroom apartment above the restaurant
  • Deck and patio with a lavatory

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store HVAC Service Law Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby
Well-served
Demand for This Use

Demographics for 18706, PA

16,338
Population
7,675
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
621
Density / Sq Mi
$57,546
Median Household Income
$38,381
Median Earnings
$883
Median Rent
$121,900
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Luzerne County, PA

$188 Jul
$163 Aug
$195 Sep
$180 Oct

Properties on Market for Conventional restaurants in Luzerne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant configuration includes a bar, dining room, banquet space, outdoor seating, and an upstairs residential unit.
Where is this conventional restaurant located?
The property is located at 1 N Main Street Ashley, PA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Restaurant has more than 100 seats, including bar seating, a dining room, and banquet space; Three‑bedroom apartment above the restaurant; Deck and patio with a lavatory
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