Bar and Restaurant with
1120 Allegheny Street Jersey Shore, PA 17740
For Sale
$359,900
COMMERCIAL - Jersey Shore, PA
Property Size3,537 SF
Lot Size0.15 Acres
Price / SF$101.75
Days on Market187
Property Features for 1120 Allegheny Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Standard status
Active
Size
3,537 SF
Lot size
0.15 Acres
Building Details
Year built
1920
Listing Agency:
Fish Real Estate
(570) 326-1561
Listed By:
Brent Fish · License #RM420632
(570) 326-1561
Added: Jan 22
Changed: Jul 20
Last Checked: Jul 28 at 1:06PM
MLS# 31727219
Copyright © 2026 Northern Mountains of Pennsylvania MLS. 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 for-sale bar and restaurant offering includes the operating business, the associated real estate, and an included liquor license. The property features a private, lower-level banquet room suited for events, along with two second-floor apartments that provide additional rental income.
The property is located at 1120 Allegheny Street in Jersey Shore, Pennsylvania (17740). The business is described as having been owned by the same family for over 25 years.
With both hospitality and residential components on-site, this layout supports on-premise entertainment and event use while also generating rental income through the two upstairs apartments.
The property is located at 1120 Allegheny Street in Jersey Shore, Pennsylvania (17740). The business is described as having been owned by the same family for over 25 years.
With both hospitality and residential components on-site, this layout supports on-premise entertainment and event use while also generating rental income through the two upstairs apartments.
Key Highlights
- Bar/restaurant business with ownership by the same family for over 25 years
- Sale includes the business, maintained real estate, and a liquor license
- Private lower‑level banquet room for hosting events
Financial Insights For Multifamily LT 5
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 | $44.6k | $12.60 |
| − Vacancy | −$3.3k | −$0.95 |
| EGI | $41.2k | $11.66 |
| − OpEx | −$12.4k | −$3.50 |
| NOI | $28.9k | $8.16 |
3,537 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$651.4K
$570.0K – $760.0K
NOI $45,601 @ 7.0% cap · market cap 12.67%
Second Best
Multifamily LT 5
$412.2K
$360.7K – $481.0K
NOI $28,857 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$762.2K
$667.0K – $889.3K
NOI $53,357 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Tiadaghton Inn — 1120 Allegheny St, Jersey Shore, PA 17740
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar and restaurant with a lower-level banquet room and two second-floor apartments, plus a liquor license included.
Where is this bar & pub located?
The property is located at 1120 Allegheny Street 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 business with ownership by the same family for over 25 years; Sale includes the business, maintained real estate, and a liquor license; Private lower‑level banquet room for hosting events