You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

117 N Diamond St Mercer, PA 16137

0.13 ac lot
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5206374
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.13 ac (5,850 SF)
APN 65 578 121
UPID US73-5206374
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • J. Hicks On The Square Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Harlowe W Mattocks · 12 yrs held
Harlowe W Mattocks
since 2013
4 recorded transactions
2022
Price N/A
2017
Price N/A
2013
Price N/A
2013
$184,289
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message