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Restaurant, Bar and Retail Buildings

503 Washington Blvd, Williamsport, PA

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For Sale

Contact for pricing

Restaurant, bar, and retail buildings with ample parking for sale.

Type:RETAIL

Property size:

8,921 SF

Lot size:

0.29 Acres

Price / SF:

$156/SF

HighLights

Includes Restaurant/Bar & Retail Buildings, Business, Liquor License, Equipment & Furnishings.
High Traffic Location with Ample Parking.
Features Large Bar area, 2 Dining rooms, Banquet/Party Room with addtl bar.
1300 SF 3 Bedroom Apt upstairs (currently used as office/storage) with full bath.
Two Kitchens with storage and 3 public restrooms.
Retail Building (4584 S.F.) currently houses a retail tenant.

We can help!

Listing Contact

Amy Fessler

For Sale

Contact for pricing

Restaurant, bar, and retail buildings with ample parking for sale.

Type:RETAIL

Property size:

8,921 SF

Lot size:

0.29 Acres

Price / SF:

$156/SF

Added:: May 19, 2025
Days on Market:: 392
Last Refresh:: May 20 at 8:51 pm

Property Features for 503 Washington Blvd

General Information

Standard status: Active
Size: 8,921 SF
Lot size: 0.29 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Amy Fessler

Listing agent Amy Fessler

Listing office BHHS - Hodrick Realty | Williamsport

Listing date May 19, 2025

Source Moodyscre

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 BHHS - Hodrick Realty | Williamsport

HighLights

Includes Restaurant/Bar & Retail Buildings, Business, Liquor License, Equipment & Furnishings.
High Traffic Location with Ample Parking.
Features Large Bar area, 2 Dining rooms, Banquet/Party Room with addtl bar.
1300 SF 3 Bedroom Apt upstairs (currently used as office/storage) with full bath.
Two Kitchens with storage and 3 public restrooms.
Retail Building (4584 S.F.) currently houses a retail tenant.

Overview

This property presents an opportunity to own a restaurant and bar in a high-traffic location. The sale includes the restaurant/bar and retail buildings, the business, liquor license, equipment, and furnishings. Ample parking is available. The property features a large bar area, two dining rooms, a banquet/party room with an additional bar, and three public restrooms. There are also two kitchens with storage. A six-pack store and takeout area includes a small eat-in area with two large cooler sections. Upstairs, a 1300 square foot, three-bedroom apartment with a full bath is currently used as office/storage space. Additionally, there is a small efficiency apartment, consisting of one room and a bath, which is currently used for storage but could be rented out. The retail building (503) on the left currently houses a retail tenant in the 4584 square foot space.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$160.6k	$18.00
− Vacancy	−$7.2k	−$0.81
EGI	$153.4k	$17.19
− OpEx	−$38.3k	−$4.30
NOI	$115.0k	$12.89

8,921 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.64M

$1.44M – $1.92M (±1% cap)

NOI $115,014 @ 7.0% cap · market cap 8.22%

Second Best

Retail

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,482 @ 7.0% cap · market cap 5.75%

Theoretical Best

Office A

$1.92M

$1.68M – $2.24M (±1% cap)

NOI $134,577 @ 7.0% cap · market cap 9.61%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Similar Places Nearby

Nomad Distilling Co :: Williamsport — 152 W 4th St, Williamsport, PA 17701
Cell Block — 154 W 3rd St, Williamsport, PA 17701
Scorz Bar and Grill — 315 Hepburn St, Williamsport, PA 17701
Morrone's Cafe — 738 W 4th St, Williamsport, PA 17701
Wegmans Wine & Beer — 201 William St, Williamsport, PA 17701

Location Insight

Map
Local Demand

City: Williamsport
County: Lycoming
State: Pennsylvania
Longitude: -76.9946
Latitude: 41.2476

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For sale
Bars & Pubs
PA
Williamsport
503 Washington Blvd

What type of property is this?

Bar & Pub - Restaurant, bar, and retail buildings with ample parking for sale.

Where is this bar & pub located?

The property is located at 503 Washington Blvd Williamsport, PA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Includes Restaurant/Bar & Retail Buildings, Business, Liquor License, Equipment & Furnishings.; High Traffic Location with Ample Parking.; Features **Large Bar area, 2 Dining rooms, Banquet/Party Room with addtl bar.**

503 Washington Blvd, Williamsport, PA

Restaurant, bar, and retail buildings with ample parking for sale.

Property Features for 503 Washington Blvd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Williamsport Restaurant with Drive-Thru

Downtown Williamsport Multi-Level Office Building

Unique Historic Property with Rental Potential

Income-Producing Duplex Near Penn College

Williamsport Multifamily Investment Opportunity

Newberry Duplex: Investment Opportunity

Updated Duplex in Penn College Zone

Well-Maintained Williamsport Duplex For Sale

Remodeled Duplex: Income Opportunity

Income-Producing Duplex Near College

Well-Maintained Williamsport Multifamily Property

Williamsport Triplex Investment Opportunity

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