Turnkey Restaurant with Private
14 N Main St Shrewsbury, PA 17361
New
14 N Main St, Shrewsbury, PA, 17361
$449,000
For Sale
$449,000
Turnkey, leased restaurant includes a fully equipped kitchen, dining area, and private upstairs dining room.
Property Size3,443 SF
Price / SF$130.41
Days on Market3
Property Features for 14 N Main St
General Information
- Standard status
- Active
- Size
- 3,443 SF
Building Details
- Year Built
- 1900
Listing agency
Realty Plus Associates
(443) 207-2330
Listed by
Christopher Matthew Kotula · License #5006349
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 6:01AM Checked: Jul 21 at 6:01AM
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 Realty Plus Associates
Investment Insights
Based on property information with market context.
Turnkey commercial restaurant property with a layout designed for day-to-day operations. The first floor includes a welcoming front entrance, rear access door, a spacious dining area, a large fully equipped working kitchen, and two unisex restrooms. Upstairs, the space offers a private dining room or event space, a dedicated office, and two additional unisex restrooms.
The property has operated continuously as a restaurant for over 10 years and is currently leased at $2,700 per month. The long-tenured tenant is on a month-to-month lease. Located on N Main Street, the building sits directly adjacent to a signalized intersection.
The property has operated continuously as a restaurant for over 10 years and is currently leased at $2,700 per month. The long-tenured tenant is on a month-to-month lease. Located on N Main Street, the building sits directly adjacent to a signalized intersection.
Key Highlights
- Leased commercial restaurant on N Main Street in Shrewsbury with $2,700/month rental income
- Building has operated continuously as a restaurant for over 10 years
- Fully equipped working kitchen plus dining area on the first floor, with two unisex restrooms
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 | $30.2k | $8.76 |
| − Vacancy | −$1.6k | −$0.46 |
| EGI | $28.6k | $8.30 |
| − OpEx | −$7.1k | −$2.07 |
| NOI | $21.4k | $6.22 |
3,443 SF · lease $8.76/SF/yr · vacancy 5.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$306.0K
$267.8K – $357.0K
NOI $21,422 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.9K
$872.3K – $1.16M
NOI $69,781 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
J & B's Grill
Restaurant
GreenValley, Apps, LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey, leased restaurant includes a fully equipped kitchen, dining area, and private upstairs dining room.
Where is this conventional restaurant located?
The property is located at 14 N Main St Shrewsbury, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Leased commercial restaurant on N Main Street in Shrewsbury with $2,700/month rental income; Building has operated continuously as a restaurant for over 10 years; Fully equipped working kitchen plus dining area on the first floor, with two unisex restrooms
