Mixed-Use Restaurant and
145 Chamberlaine Ave Pottsville, PA 17901
145 Chamberlaine Ave, Pottsville, PA, 17901
Contact for pricing
For Sale
Contact for pricing
For-sale mixed-use property with a large restaurant/bar facility, pavilion and pool, plus multiple residential rental units and 100+ parking spaces.
Property Size14,000 SF
Lot Size2.20 Acres
Price / SF$107.14
Days on Market127
Property Features for 145 Chamberlaine Ave
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Lot size
- 2.20 Acres
- Property subtype
- Hospitality, Mixed Use, Multifamily, Special Purpose
Building Details
- Year Built
- 1956
Listing agency
Coldwell Banker Reality
(717) 761-4800
Listed by
Jim Bedorf · License #PA#RS282482
Source
Crexi
Added: Mar 18 Updated: Jul 22 at 1:30PM Checked: Jul 22 at 1:30PM
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 Coldwell Banker Reality
Investment Insights
Based on property information with market context.
The property presents a mixed-use configuration combining a sizable commercial building with residential rental units across multiple structures. The commercial portion is currently set up for restaurant, bar, and event use, with indoor dining and bar areas, a stage and dance floor, and a lower-level bar with additional seating. Outdoor amenities include a pavilion and swimming pool. The sale includes a substantial amount of existing restaurant equipment, and the property is offered as-is.
Residential improvements include a single-family home, a duplex, and a triplex totaling six rental units. On-site parking is provided by a large private parking lot with approximately 100+ spaces. Active liquor license and operational permits are referenced in the listing; the liquor license is available and will transfer through a separate transaction in accordance with Pennsylvania liquor license transfer requirements.
The offering is positioned as a mixed-use investment opportunity, with the buyer responsible for verifying zoning, permitted uses, property details, and municipal approvals.
Residential improvements include a single-family home, a duplex, and a triplex totaling six rental units. On-site parking is provided by a large private parking lot with approximately 100+ spaces. Active liquor license and operational permits are referenced in the listing; the liquor license is available and will transfer through a separate transaction in accordance with Pennsylvania liquor license transfer requirements.
The offering is positioned as a mixed-use investment opportunity, with the buyer responsible for verifying zoning, permitted uses, property details, and municipal approvals.
Key Highlights
- Mixed‑use property on approx. 2.2 acres with multiple income streams, including a large restaurant/bar facility plus residential rentals
- Approx. 14,000+ SF commercial building configured for restaurant, bar, and event use, with indoor dining/bar areas plus a stage and dance floor
- Lower‑level bar area with additional seating, plus on‑site pavilion and swimming pool for dining service and private events
Local Financial Insights For Apartment 5plus
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 | $147.8k | $10.56 |
| − Vacancy | −$8.6k | −$0.61 |
| EGI | $139.3k | $9.95 |
| − OpEx | −$62.7k | −$4.48 |
| NOI | $76.6k | $5.47 |
14,000 SF · lease $10.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$1.09M
$957.5K – $1.28M
NOI $76,596 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $147,000 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For-sale mixed-use property with a large restaurant/bar facility, pavilion and pool, plus multiple residential rental units and 100+ parking spaces.
Where is this conventional restaurant located?
The property is located at 145 Chamberlaine Ave Pottsville, PA.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Mixed‑use property on approx. 2.2 acres with multiple income streams, including a large restaurant/bar facility plus residential rentals; Approx. 14,000+ SF commercial building configured for restaurant, bar, and event use, with indoor dining/bar areas plus a stage and dance floor; Lower‑level bar area with additional seating, plus on‑site pavilion and swimming pool for dining service and private events
