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Turnkey Standalone Restaurant Pad
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3941 Chestnut St, Emmaus, PA 18049

Turnkey standalone restaurant pad site with indoor seating for 187 and C zoning.

Property Size6,326 SF
Price / SF$276.64
Days on Market1114

Property Features for 3941 Chestnut St

General Information

Standard status Active
Size 6,326 SF
Property subtype RETAIL
Zoning C
Listing Agency: Colliers | Allentown
Listed By: Derek Zerfass · License #RS300857
Source: Moodyscre
Added: Jul 14, 2023 Changed: Jul 28 Last Checked: Jul 28 at 9:49AM

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 Colliers | Allentown

Investment Insights

Based on property information with market context.

This is a turnkey pad site for a standalone restaurant, positioned for immediate restaurant use. The property includes indoor restaurant seating for 187.

The site sits at a lighted intersection of Chestnut St. and Ramer Rd. It is zoned for commercial use under zoning code C.

As configured, it is well-suited for an operator seeking a ready-to-open standalone restaurant setup on a commercial zoned pad site.

Key Highlights

  • Standalone restaurant pad site at the lighted intersection of Chestnut St. and Ramer Rd.
  • Zoned C (commercial).
  • Indoor restaurant seating for 187.

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 $72.9k $11.52
− Vacancy −$5.4k −$0.85
EGI $67.5k $10.67
− OpEx −$16.9k −$2.67
NOI $50.6k $8.00
6,326 SF · lease $11.52/SF/yr · vacancy 7.40% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$723.0K
$632.7K – $843.5K (±1% cap)
NOI $50,612 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$930.3K
$814.0K – $1.09M (±1% cap)
NOI $65,118 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Big Woody's Sports ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Shops & Services 19%
Burger King Dining
9,289 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
2,504 visits/mo 0.4 miles
Domino's Pizza Dining
1,462 visits/mo 0.4 miles

Demographics for 18049, PA

18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey standalone restaurant pad site with indoor seating for 187 and C zoning.
Where is this conventional restaurant located?
The property is located at 3941 Chestnut St Emmaus, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Standalone restaurant pad site at the lighted intersection of Chestnut St. and Ramer Rd.; Zoned C (commercial).; Indoor restaurant seating for 187.
(610) 657-8473 Call to check price and availability
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