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Property profile & analytics
OFF-MARKET
Turn key restaurants

245 Durham Rd Ottsville, PA 18942-9765

3,648 SF 0.41 ac lot Built 1800
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US73-5963081
Property summary
AI-generated overview

This iconic Ottsville, PA inn, established in the early 1800s and operating for over 90 years, presents a unique investment opportunity. The property boasts a charming restaurant and bar with seating for approximately 100 patrons, including outdoor dining, a full-service bar, and a spacious kitchen. Ample parking accommodates 33 vehicles. The lower level offers extensive storage. Upstairs, six residential rental units generate approximately $38,000 in annual income. The building, totaling 3,648 square feet across three stories, underwent renovations in 2008. Situated on a 0.41-acre lot, it benefits from low annual property taxes of $5,157 and a convenient location near Routes 611, 413, 113, and 563, attracting patrons from Bucks County and beyond, including New Jersey. The property includes a liquor license and all furnishings, fixtures, and equipment (excluding vending machines). Various uses are permitted under the VC zoning classification. This mixed-use property offers a blend of hospitality and multi-family rental income, making it an attractive investment. The building features one structure with 33 parking spaces.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1800
Total area 3,648 SF
Lot 0.41 ac (17,990 SF)
Zoning code VC
APN 44-004-005
UPID US73-5963081
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Filippo Mignano · 17 yrs held
Filippo Mignano
since 2008
4 recorded transactions
2008
$343,400
2007
$343,400
1969
Price N/A
1969
Price N/A
Zoning & alternative use
VC · Ottsville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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