Building Details

Building Size 3,430 SF

Year Built 1969

Buildings 1

Listing Agency: DiMaria Realty Services, LLC

Listed By: Vincent Capria · License #RM426203 Show Phone

Source: Dimariarealty

Added: Mar 9 Changed: Oct 28 Last Checked: Oct 28 at 1:37AM

Report an Issue

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 DiMaria Realty Services, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 3,430-square-foot restaurant property, built in 1969, has customer and dining areas, kitchen and prep space, and a private office. Food-service equipment includes a hood with fire suppression, an oven, a walk-in freezer, and display cases. Four bathrooms serve the building, including an accessible bathroom. A dry basement provides additional storage space.

The building is on State Route 903 in Jim Thorpe, Pennsylvania, with a roadside sign and on-site parking. Its existing arrangement combines food-service space with a separate office area, offering distinct areas for different functions.

Key Highlights

• 3,430‑square‑foot restaurant building constructed in 1969
• Commercial kitchen includes hood with fire suppression, oven, walk‑in freezer, and cases
• Customer area, dining space, kitchen and prep areas, and private office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,437

Cap Rate

3.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$308,740 $308.7K

Cap Rate 7%

$220,529 $220.5K

Cap Rate 9%

$171,522 $171.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,430 SF

Gross rent

$23.5K $6.84/SF

− Vacancy

−$1.4K −$0.41/SF

EGI

$22.1K $6.43/SF

− OpEx

−$6.6K −$1.93/SF

NOI

$15.4K $4.50/SF

Area

Carbon County, PA

Vacancy

6.00%

Lease Rate

$6.84 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$308,740

Cap Rate 7%

$220,529

Cap Rate 9%

$171,522

Alternative Uses

Best Use

Specialty Retail

$673.8K

$589.6K – $786.2K (±1% cap)

NOI $47,169 @ 7.0% cap · market cap 9.44%

Second Best

Industrial

$220.5K

$193.0K – $257.3K (±1% cap)

NOI $15,437 @ 7.0% cap · market cap 3.09%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick Dental Office Plumbing Service Auto Repair Shop Bakery Real Estate Agency Building Supply

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

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 18229, PA

8,322

Population

4,820

Households

1.7

Avg Household Size

49

Median Age

27%

College-Educated

95%

High-School Grad

55.3 sq mi

ZIP Area

150

Density / Sq Mi

$67,642

Median Household Income

$40,830

Median Earnings

$931

Median Rent

$215,400

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

Similar For Sale Nearby

See more

Two-Story Specialty Property

404 Center Street, Jim Thorpe, PA 18229

$775,000

4,704 SF

View details

Remodeled Restaurant and Bar

Jim Thorpe, PA 18229

$999,900

2.00 Acres

View details

Frequently Asked Questions

What type of property is this?

Restaurant - Existing food-service equipment and a separate office area provide distinct spaces for customer-facing and lower-traffic uses.

Where is this restaurant located?

The property is located at 1795 State Route 903 Jim Thorpe, PA.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: 3,430‑square‑foot restaurant building constructed in 1969; Commercial kitchen includes hood with fire suppression, oven, walk‑in freezer, and cases; Customer area, dining space, kitchen and prep areas, and private office