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    129 Pike St Carbondale, PA 18407

    For Sale
    $275,000

    Established Tavern, Liquor License Included

    Property size:
    3,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This thriving 3,040 square foot tavern, located at 129 Pike Street in Carbondale, Pennsylvania, presents a unique investment opportunity. The property sits on a 0.3-acre lot and is being offered at $275,000. The sale includes all furniture, fixtures, and equipment currently in use, ensuring a seamless transition for the new owner. A significant advantage of this offering is the inclusion of a Pennsylvania liquor license, a valuable asset that significantly streamlines the operational setup for a business of this nature. The existing tavern is operational, providing immediate revenue potential and a proven track record. The substantial square footage allows for ample space to accommodate patrons and staff comfortably. The 0.3-acre lot offers potential for future expansion or outdoor seating, depending on local zoning regulations. This turnkey operation is ideal for an experienced restaurateur or a savvy investor looking to enter the hospitality industry. The property's location in Carbondale provides access to a local customer base and offers potential for growth and expansion. Serious inquiries are encouraged to explore this exceptional opportunity further. Financial statements and further details are available upon request. This is a rare chance to acquire a fully operational business with a valuable liquor license already in place.

    Property Features for 129 Pike St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,040 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1910
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.50955
    Latitude
    41.56697

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    FAQs

    What type of property is this?
    Commercial real estate - Established Tavern, Liquor License Included
    Where is this commercial real estate located?
    The property is located at 129 Pike St Carbondale, PA.
    What is the asking price?
    The asking price for this property is $275,000.
    (570) 823-1100
    Request Owner's contact information
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    Carbondale, PA 18407
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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
    129 Pike St Carbondale, PA 18407
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