Remodeled Restaurant/Tavern with Outdoor
1597 Hillside Road Shavertown, PA 18708
1597 Hillside Road, Shavertown, PA, 18708
$475,000
For Sale
$475,000
Landmark restaurant/tavern with liquor license, equipment, and furnishings included.
Property Size2,600 SF
Lot Size1.60 Acres
Price / SF$182.69
Days on Market137
Property Features for 1597 Hillside Road
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 1.60 Acres
- Property subtype
- Retail
Listing agency
(570) 760-6411
Listed by
Chris Matus, CCIM, SIOR, PMP
Source
Naiglobal
Added: Mar 6 Updated: Jul 6 at 10:29AM Checked: Jul 21 at 8:30AM
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 Chris Matus, CCIM, SIOR, PMP
Investment Insights
Based on property information with market context.
This landmark restaurant and tavern, located in the Back Mountain area less than one mile from Hillside Farms, has been in operation for decades and was recently remodeled. The 2,600-square-foot building, plus an 1,800-square-foot basement, is set on 1.6 acres with parking for over 50 vehicles. It offers seating for approximately 100 patrons. Key features include an outdoor pavilion and ADA-compliant access and restrooms. The property includes a liquor license, equipment, and furnishings. It also features a second-floor office with a bathroom and shower. The building is serviced by a private well, public sewer, and natural gas, with 200-amp electric service. New split-system HVAC units have been installed. The traffic count is 5,352 vehicles per day.
Key Highlights
- Established restaurant/tavern with liquor license, equipment, and furnishings.
- Recently remodeled and ADA compliant, accommodating up to 100 patrons.
- Located in the Back Mountain area, less than 1 mile from Hillside Farms.
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 | $39.0k | $15.00 |
| − Vacancy | −$1.6k | −$0.63 |
| EGI | $37.4k | $14.37 |
| − OpEx | −$9.3k | −$3.59 |
| NOI | $28.0k | $10.78 |
2,600 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$400.3K
$350.3K – $467.0K
NOI $28,022 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Farmers Inn and Tavern — 1597 Hillside Rd, Township of Jackson, PA 18708
- Farmer's Inn — 1597 huntsville rd, trucksville, pa 18708
FAQs
What type of property is this?
Bar & Pub - Landmark restaurant/tavern with liquor license, equipment, and furnishings included.
Where is this bar & pub located?
The property is located at 1597 Hillside Road Shavertown, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Established restaurant/tavern with liquor license, equipment, and furnishings.; Recently remodeled and ADA compliant, accommodating up to 100 patrons.; Located in the Back Mountain area, less than 1 mile from Hillside Farms.
