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    700 Main Rd Dallas, PA 18612

    Sponsored
    For Sale
    $650,000

    Award-winning restaurant, ample parking, owner's quarters.

    Property size:
    2,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 700 Main Road, Dallas, PA, presents a unique investment opportunity. The property encompasses a thriving, award-winning seafood and steak restaurant known as Lum's Fernbrook Inn, situated on a 0.78-acre lot. The main building boasts a spacious 2,700 square feet, comfortably accommodating 45 seated diners in the restaurant and 12 at the bar. The bar area offers a welcoming atmosphere, enhanced by a shuffleboard table and multiple televisions. A modern kitchen ensures efficient food preparation, and a 5-tap draft beer system caters to diverse preferences. Ample off-street parking is available for patrons and staff. Above the restaurant, the second floor provides convenient owner's quarters, featuring four rooms and a full bathroom, ideal for live-in management or private accommodation. Adding to the property's versatility is a separate outbuilding. This structure offers an open-concept layout, a laundry room, a kitchen, and a three-quarter bathroom, presenting potential for expansion, additional rental income, or versatile storage. The property is listed at $650,000 and offers a compelling blend of established business and residential potential in a desirable location. This turnkey operation is ready for a new owner to continue its success.

    Property Features for 700 Main Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,700 SF
    Lot Size
    33,977 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Lum's Fernbrook Inn Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.94244
    Latitude
    41.32835

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    FAQs

    What type of property is this?
    Commercial real estate - Award-winning restaurant, ample parking, owner's quarters.
    Where is this commercial real estate located?
    The property is located at 700 Main Rd Dallas, PA.
    What is the asking price?
    The asking price for this property is $650,000.
    (570) 696-1195
    Request Owner's contact information
    700 Main Rd Dallas, PA 18612
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    Dallas, PA 18612
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    Realmo Value Estimation

    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.

    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.

    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
    700 Main Rd Dallas, PA 18612
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