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Property profile & analytics
FOR SALE
Turn key restaurants

83 N Market St Millerstown, PA 17062

0.32 ac lot
Individually Owned 19-yr Hold Free & Clear
Property ID
US73-1917125
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a rare chance to acquire a thriving full-service restaurant and bar situated at 83 N Market Street in Millerstown, Pennsylvania. The property boasts a highly visible location, ensuring consistent customer traffic. The building encompasses 2,000 square feet and sits on a 0.32-acre lot, providing ample space for both indoor and potential outdoor seating or expansion. The sale price of $399,900 includes all fixtures, furniture, and equipment (FF&E), a significant advantage for a seamless transition. Perhaps most importantly, the sale also includes the existing liquor license, eliminating a major hurdle and saving considerable time and expense for the new owner. This established business is ready for immediate operation, representing a truly turnkey investment with significant potential for continued success. The property's prime location in Millerstown offers easy access to local residents and tourists alike, contributing to its strong performance history. This is a unique opportunity to step into a profitable, established business with minimal upfront effort. The existing infrastructure and operational setup are in place, allowing for immediate revenue generation. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.32 ac (13,939 SF)
Zoning code RES
APN 170,020.01-014.000
UPID US73-1917125
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Louis P Mastracchio · 19 yrs held
Louis P Mastracchio
since 2007
1 recorded transaction
2007
$150,000
Zoning & alternative use
RES · Millerstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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