Restaurant Property with Kitchen
New
For Sale
$429,000
11 Pennsylvania Avenue, Pen Argyl, PA 18072
SINGLE_FAMILY - Pen Argyl Boro, PA
Property Size2,523 SF
Lot Size0.09 Acres
Price / SF$170.04
Days on Market3
Property Features for 11 Pennsylvania Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
25GB
Parking
4
Parking features
On Street, Off Street, Parking Lot
Elementary school district
Pen Argyl
Middle school district
Pen Argyl
High school district
Pen Argyl
Directions
ollow US-22 E and PA-33 N to PA-512 N/E Moorestown Rd in Plainfield Township. Take the PA-512 N exit from PA-33 N 26 min (25.7 mi) Drive to PA-512 N/Pennsylvania Ave in Pen Argyl property is on Left
Subdivision
Pen Argyl
Standard status
Active
APN
E8NE2A 34 2 0625
Size
2,523 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
4415
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air, Ceiling Fan(s), Zoned
Water source
Public
Building Details
Year built
1950
Number of units
1
Building materials
Brick, Block, Masonry, Concrete
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Marina Gabunia · License #PA347078
(484) 201-9878
Added: Aug 4
Last Checked: Aug 6 at 12:06AM
MLS# 782081
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property includes the real estate and operating business, currently home to Tandoori Grill. The building has commercial cooking infrastructure including a 16-foot exhaust hood, pizza oven, dough mixer, walk-in cooler and freezer, three-compartment sink, and additional cooking equipment. Seating includes a main dining room for approximately 60 guests plus a 30-seat private party room. Four restrooms serve the property, while recent improvements include central air conditioning, renovated second-floor living quarters, updated flooring, and refreshed dining areas.
The property occupies 0.092 acres at 11 Pennsylvania Avenue in Pen Argyl Boro, Pennsylvania, with public water and public sewer service. Parking includes on-street, off-street, and parking-lot options. The surrounding area includes established businesses such as a bank and the United States Postal Service. Zoning is 25GB, and the property was built in 1950.
The property occupies 0.092 acres at 11 Pennsylvania Avenue in Pen Argyl Boro, Pennsylvania, with public water and public sewer service. Parking includes on-street, off-street, and parking-lot options. The surrounding area includes established businesses such as a bank and the United States Postal Service. Zoning is 25GB, and the property was built in 1950.
Key Highlights
- Business and real estate included in the sale
- 16‑foot exhaust hood, pizza oven, dough mixer, walk‑in cooler and freezer
- Main dining room seats approximately 60 guests; private party room seats 30
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $15.00 |
| − Vacancy | −$3.0k | −$1.17 |
| EGI | $34.9k | $13.83 |
| − OpEx | −$8.7k | −$3.46 |
| NOI | $26.2k | $10.37 |
2,523 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$373.9K
$327.1K – $436.2K
NOI $26,170 @ 7.0% cap · market cap 6.10%
Second Best
Industrial
$268.0K
$234.5K – $312.7K
NOI $18,759 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$478.5K
$418.7K – $558.3K
NOI $33,497 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Beauty & Spa 9%
Turkey Hill Minit Market
Shops & Services
6,863 visits/mo
0.3 miles
Holiday Hair
Beauty & Spa
673 visits/mo
0.2 miles
Demographics for 18072, PA
6,734
Population
2,779
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
452
Density / Sq Mi
$79,067
Median Household Income
$41,056
Median Earnings
$1,525
Median Rent
$244,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the operating business, real estate, commercial cooking infrastructure, and updated second-floor living space.
Where is this conventional restaurant located?
The property is located at 11 Pennsylvania Avenue Pen Argyl, PA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Business and real estate included in the sale; 16‑foot exhaust hood, pizza oven, dough mixer, walk‑in cooler and freezer; Main dining room seats approximately 60 guests; private party room seats 30
