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    1302 Adams Ave Dunmore, PA 18509

    Sponsored
    For Sale
    $679,000

    Thriving Restaurant, Income Potential!

    Property size:
    6,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Dunmore, PA property offers a unique blend of commercial and residential income streams. The main attraction is a vibrant, established restaurant boasting 6,100 square feet of space, seating for 100 patrons, and a charming outdoor patio. The restaurant features a fully equipped bar with draft beer capabilities, a bottle shop with a convenient takeout counter, and retail space. A valuable liquor license is included, making this a truly turnkey operation. The building's design cleverly combines mid-century modern aesthetics with playful artistic elements, preserving its historical charm. Convenient parking is available both on and off-street. Adding to the investment potential are two spacious apartments located above the restaurant. Each apartment offers 3-4 bedrooms and one bathroom, presenting an opportunity for additional rental income or owner/manager occupancy. These units require some updating. The property sits on a 0.12-acre corner lot and benefits from attractively low taxes. This versatile property is priced at $679,000 and presents a compelling opportunity for an entrepreneur seeking a proven, income-generating business with significant upside potential through apartment renovations. The property's location in the thriving borough of Dunmore ensures strong community engagement and consistent customer traffic.

    Property Features for 1302 Adams Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,100 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunmore
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.64768
    Latitude
    41.41998

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Restaurant, Income Potential!
    Where is this commercial real estate located?
    The property is located at 1302 Adams Ave Dunmore, PA.
    What is the asking price?
    The asking price for this property is $679,000.
    (570) 585-0600
    Request Owner's contact information
    1302 Adams Ave Dunmore, PA 18509
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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
    1302 Adams Ave Dunmore, PA 18509
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