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    Pigeon Creek Saloon & Eatery Title is generated by Realmo AI

    1701 Pottstown Pike, Pottstown, PA

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    Two-story restaurant and bar with full liquor license for sale.

    Type:RETAIL
    Property size:
    7,276 SF
    Lot size:
    1.50 Acres
    Price / SF:
    $247/SF
    Added:
    Nov 4, 2025
    Days on Market:
    204
    Last Refresh:
    May 20 at 8:14 pm

    Property Features for 1701 Pottstown Pike

    General Information

    Standard status
    Active
    Size
    7,276 SF
    Lot size
    1.50 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Steve Dibattista
    Steve Dibattista

    Listing agent Steve Dibattista License #PA327769

    Listing office Zommick McMahon Commercial Real Estate

    Listing date Nov 4, 2025

    Source Moodyscre

    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 Zommick McMahon Commercial Real Estate

    HighLights

    • Established and successful Pigeon Creek Saloon & Eatery restaurant/bar business, celebrated for its menu, scratch kitchen, draft beers, and live music.
    • High occupancy capacity of 232 persons with multiple private bar settings.
    • Ample parking with 105 spaces in main and rear lots.
    • Spacious 7,276 sf two‑story building with tastefully decorated interior, including natural wood and an impressive open two‑story bar area.
    • Fully equipped, modern kitchen with recent renovations.
    • Prime location with convenient access to major highways and local amenities.

    Overview

    This is an opportunity to own the Pigeon Creek Saloon & Eatery, an American eatery known for its menu, scratch kitchen, draft beers, and live music. The two-story building has 7,276 square feet and features an interior decorated with natural wood and an open two-story bar area. The property includes a modern, equipped kitchen with recent renovations. The establishment can accommodate 232 people and has private bar settings for multiple parties. There is parking available for 105 cars in the main and rear lots. The property has a full liquor license. The location provides convenient access to major highways and local amenities. The seller has multiple properties and may consider a package sale.
    Location Intelligence

    Current Use by Public Records

    ATM Atm Pigeon Creek Saloon ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Food Market Accounting Firm Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Alley on High Street — 228 E High St, Pottstown, PA 19464
    • Riverside Bar — 209 S Hanover St, Pottstown, PA 19465
    • Pottstown Quoit Club — 204 S Hanover St, Pottstown, PA 19465
    • The Blue Elephant Pottstown — 152 E High St, Pottstown, PA 19464
    • Iron Gate Biergarten — 230 E High St, Pottstown, PA 19464

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6635
    Latitude
    40.1917

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    FAQs

    What type of property is this?
    Bar & Pub - Two-story restaurant and bar with full liquor license for sale.
    Where is this bar & pub located?
    The property is located at 1701 Pottstown Pike Pottstown, PA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Established and successful Pigeon Creek Saloon & Eatery restaurant/bar business, celebrated for its menu, scratch kitchen, draft beers, and live music.; High occupancy capacity of 232 persons with multiple private bar settings.; Ample parking with 105 spaces in main and rear lots.
    (610) 368-2801 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Dibattista
    Steve Dibattista
    Real Estate License ID: PA327769
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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