Equipped
1100 Wyoming Avenue, Exeter, PA 18643
For Sale
$625,000
An upstairs apartment adds a residential component to the restaurant property.
Property Size3,477 SF
Days on Market12
Property Features for 1100 Wyoming Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Equipment Included
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Tom Hart Realty
Listed By:
Ben Chopka
(570) 690-7690
Source:
Luxehomesnepa
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 1:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tom Hart Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set up as a pizzeria, the property includes restaurant equipment and established vendor relationships. An apartment occupies the upper level, adding a residential component to the building.
Customer parking is available on site.
Customer parking is available on site.
Key Highlights
- Pizzeria space includes restaurant equipment
- Upstairs apartment included
- Established vendor relationships
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,473
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,460
$749.5K
Cap Rate 7%
$535,329
$535.3K
Cap Rate 9%
$416,367
$416.4K
Market Conditions
NOI Build-Up for 3,477 SF
Gross rent
$52.2K $15.00/SF
− Vacancy
−$2.2K −$0.63/SF
EGI
$50.0K $14.37/SF
− OpEx
−$12.5K −$3.59/SF
NOI
$37.5K $10.78/SF
Area
Luzerne County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,460
Cap Rate 7%
$535,329
Cap Rate 9%
$416,367
Alternative Uses
Best Use
Specialty Retail
$535.3K
$468.4K – $624.6K
NOI $37,473 @ 7.0% cap · market cap 6.00%
Second Best
Mixed Use
$491.7K
$430.3K – $573.7K
NOI $34,422 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.10M
$963.8K – $1.29M
NOI $77,106 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18643, PA
12,165
Population
6,321
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
18.3 sq mi
ZIP Area
665
Density / Sq Mi
$61,685
Median Household Income
$43,129
Median Earnings
$956
Median Rent
$156,900
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in Luzerne County, PA
Properties on Market for Conventional restaurants in Luzerne County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An upstairs apartment adds a residential component to the restaurant property.
Where is this conventional restaurant located?
The property is located at 1100 Wyoming Avenue Exeter, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Pizzeria space includes restaurant equipment; Upstairs apartment included; Established vendor relationships
