117 N Diamond St Mercer, PA 16137
This exceptional property at 117 N Diamond St, Mercer, PA, presents a unique opportunity to acquire a highly successful and established restaurant, tavern, and entertainment venue situated on Mercer's historic Courthouse Square. The sale includes the real estate, all existing equipment and inventory, a valuable liquor license, and the coveted recipes for J. Hicks' Famous Wing Sauce – a key ingredient in the venue's success. Recent upgrades significantly enhance operational efficiency and include a new walk-in cooler, freezer, draft beer system, and a Crowler machine for convenient beverage packaging. Beyond the main floor's bustling atmosphere, the property boasts a second floor with three apartments currently utilized as office/storage space. This presents a significant bonus opportunity, offering potential for supplemental rental income or expansion of the existing business. The 0.13-acre lot provides ample space for outdoor seating or other potential uses. This turnkey operation is poised for continued success and represents a rare chance to own one of Mercer's premier food and entertainment destinations. The asking price is $1,100,000. The square footage of the building is not currently available.
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J. Hicks On The Square Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.