Olyphant Multi-Use Property For Sale

216 Lackawanna Avenue, Olyphant, PA 18447

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For Sale

$1,450,000

Multi-use property with banquet facility, storefront, deli, and apartments.

Type:Commercial/Industrial

Property size:

18,725 SF

Lot size:

0.68 Acres

Price / SF:

$77/SF

Listing Contact

KIM K CAINES

Real Estate License ID: RS286709

HighLights

Established and successful commercial banquet facility with seating for 275 people.
Includes business, equipment, furniture, land, and liquor license.
Multi‑use property features a banquet facility, storefront, deli, and 6 rented apartments.
Two buildings included in the sale.
Paved parking lot for 50+ cars.
New roof installed over banquet portion of the building (2/2024).

For Sale

$1,450,000

Multi-use property with banquet facility, storefront, deli, and apartments.

Type:Commercial/Industrial

Property size:

18,725 SF

Lot size:

0.68 Acres

Price / SF:

$77/SF

Added:: Jun 18, 2024
Days on Market:: 724
Last Refresh:: May 19 at 10:46 pm

Property Features for 216 Lackawanna Avenue

General Information

Standard status: Active
Size: 18,725 SF
Lot size: 0.68 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1950

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Listing Contact

KIM K CAINES

Listing agent KIM K CAINES License #RS286709

Listing office C21 Jack Ruddy Real Estate

Listing date Jun 18, 2024

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HighLights

Established and successful commercial banquet facility with seating for 275 people.
Includes business, equipment, furniture, land, and liquor license.
Multi‑use property features a banquet facility, storefront, deli, and 6 rented apartments.
Two buildings included in the sale.
Paved parking lot for 50+ cars.
New roof installed over banquet portion of the building (2/2024).

Overview

This multi-use property is located in downtown Olyphant and includes two buildings. It features a well-established commercial banquet facility with seating for 275 people, a storefront property, a deli, and six rented apartments. The property includes a paved parking lot that accommodates over 50 vehicles. The sale encompasses the business, equipment, furniture, land, and a liquor license. A new roof was installed over the banquet portion of the building in February 2024. The ceiling height ranges from 13 to 16 feet. The property size is approximately 18,725 square feet. Flood insurance is required. All measurements are approximate and not warranted.

Property Profile Location Intelligence

Current Use by Public Records

Ethan’s Eats Restaurant

Suggested Use

Similar Places Nearby

Fiorelli Catering — 1501 main st, peckville, pa 18452

Location Insight

Map
Local Demand

City: Olyphant
County: Lackawanna
State: Pennsylvania
Longitude: -75.6045
Latitude: 41.4697

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For sale
Restaurants
PA
Olyphant
18447
216 Lackawanna Avenue

What type of property is this?

Restaurant - Multi-use property with banquet facility, storefront, deli, and apartments.

Where is this restaurant located?

The property is located at 216 Lackawanna Avenue Olyphant, PA.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: Established and successful commercial banquet facility with seating for 275 people.; Includes business, equipment, furniture, land, and liquor license.; Multi‑use property features a banquet facility, storefront, deli, and 6 rented apartments.