Bar and Restaurant with
1120 Allegheny St Jersey Shore, PA 17740
New
1120 Allegheny St, Jersey Shore, PA, 17740
$359,900
For Sale
$359,900
Bar and restaurant includes a private lower-level banquet room and two second-floor rental apartments.
Property Size2,176 SF
Price / SF$165.40
Days on Market3
Property Features for 1120 Allegheny St
General Information
- Standard status
- Active
- Size
- 2,176 SF
Building Details
- Year Built
- 1920
Listing agency
Fish Real Estate, Inc.
(570) 326-1561
Listed by
Brent Fish · License #RM420632
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 10:39AM Checked: Jul 21 at 10:39AM
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 Fish Real Estate, Inc.
Investment Insights
Based on property information with market context.
This for-sale bar and restaurant offers a ready-to-operate setup together with income-producing residential space. The property includes a private, lower-level banquet room for hosting events, plus two second-floor apartments that generate additional rental income. The offering is presented as an ongoing business and includes the established business and maintained real estate, along with a liquor license.
The property is located at 1120 Allegheny St in Jersey Shore, Pennsylvania. It is being offered with the business and supporting property features intended for continued operations.
The overall configuration combines hospitality space with two separate second-floor residential units, providing both an on-site entertainment and service component and additional rental revenue from the apartments.
The property is located at 1120 Allegheny St in Jersey Shore, Pennsylvania. It is being offered with the business and supporting property features intended for continued operations.
The overall configuration combines hospitality space with two separate second-floor residential units, providing both an on-site entertainment and service component and additional rental revenue from the apartments.
Key Highlights
- Bar/restaurant with a private lower‑level banquet room for events
- Includes two second‑floor rental apartments that generate additional rental income
- Family‑owned bar/restaurant for over 25 years with an established reputation
Local 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 | $39.2k | $18.00 |
| − Vacancy | −$1.8k | −$0.81 |
| EGI | $37.4k | $17.19 |
| − OpEx | −$9.4k | −$4.30 |
| NOI | $28.1k | $12.89 |
2,176 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$400.8K
$350.7K – $467.6K
NOI $28,054 @ 7.0% cap · market cap 7.79%
Second Best
Multifamily LT 5
$253.6K
$221.9K – $295.9K
NOI $17,753 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$468.9K
$410.3K – $547.1K
NOI $32,826 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tiadaghton Inn
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Tiadaghton Inn — 1120 Allegheny St, Jersey Shore, PA 17740
FAQs
What type of property is this?
Bar & Pub - Bar and restaurant includes a private lower-level banquet room and two second-floor rental apartments.
Where is this bar & pub located?
The property is located at 1120 Allegheny St Jersey Shore, PA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Bar/restaurant with a private lower‑level banquet room for events; Includes two second‑floor rental apartments that generate additional rental income; Family‑owned bar/restaurant for over 25 years with an established reputation
