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Established Restaurant and Bar Venue
For Sale
$599,900

184 Jamison City Rd, Benton, PA 17814

Thriving restaurant and bar near Ricketts Glen State Park.

Property Size4,040 SF
Price / SF$148.49
Days on Market256

Property Features for 184 Jamison City Rd

General Information

Standard status Active
Size 4,040 SF

Building Details

Year Built 1983
Listing Agency: Pro Real Estate Services, Inc.
Listed By: Mark E Humphreys · License #RM425322
Source: Kandorre
Added: Jan 26 Changed: Oct 4 Last Checked: Oct 7 at 2:58PM

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 Pro Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This well-established restaurant and bar is located in a scenic area of Pennsylvania, minutes from Ricketts Glen State Park, State Game Lands, and Lake Jean. The Jamison City Hotel has become a destination venue, featuring a newly constructed outdoor entertainment area suitable for spring, summer, and fall gatherings. The property offers dining, drinks, and live music, and is positioned as a stop for travelers exploring Pennsylvania's mountain landscape. This business is ready for new ownership.

Key Highlights

  • Established and thriving restaurant and bar business opportunity.
  • Prime location minutes from Ricketts Glen State Park, State Game Lands, and Lake Jean.
  • Newly constructed outdoor entertainment area.**

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,643
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,860 $1.1M
Cap Rate 7%
$766,329 $766.3K
Cap Rate 9%
$596,033 $596.0K
Market Conditions
NOI Build-Up for 4,040 SF
Gross rent
$74.7K $18.48/SF
− Vacancy
−$3.1K −$0.78/SF
EGI
$71.5K $17.70/SF
− OpEx
−$17.9K −$4.43/SF
NOI
$53.6K $13.28/SF
Area
Columbia County, PA
Vacancy
4.20%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,860
Cap Rate 7%
$766,329
Cap Rate 9%
$596,033

Alternative Uses

Best Use
Specialty Retail
$766.3K
$670.5K – $894.1K (±1% cap)
NOI $53,643 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M (±1% cap)
NOI $94,817 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 17814, PA

4,673
Population
2,615
Households
1.8
Avg Household Size
47
Median Age
17%
College-Educated
92%
High-School Grad
127.9 sq mi
ZIP Area
37
Density / Sq Mi
$62,679
Median Household Income
$38,594
Median Earnings
$919
Median Rent
$217,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Thriving restaurant and bar near Ricketts Glen State Park.
Where is this bar & pub located?
The property is located at 184 Jamison City Rd Benton, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Established and thriving restaurant and bar business opportunity.; Prime location minutes from Ricketts Glen State Park, State Game Lands, and Lake Jean.; Newly constructed outdoor entertainment area.**
More about this property
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