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    Established Restaurant and Bar Venue Title is generated by Realmo AI

    184 Road Jamison City, Benton, PA 17814

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    Claim this Listing
    For Sale
    $699,900

    Thriving restaurant and bar near Ricketts Glen State Park.

    Type:General Commercial
    Property size:
    4,040 SF
    Price / SF:
    $173/SF
    Added:
    Jan 27, 2025
    Days on Market:
    502
    Last Refresh:
    May 13 at 8:35 pm

    Property Features for 184 Road Jamison City

    General Information

    Standard status
    Active
    Size
    4,040 SF
    Property subtype
    General Commercial

    We can help!

    Listing Contact
    MARK HUMPHREYS

    Listing agent MARK HUMPHREYS

    Listing office PRO Real Estate Services, Inc.

    Listing date Jan 27, 2025

    Source Xome

    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.

    HighLights

    • Established and thriving restaurant and bar business opportunity.
    • Prime location near Ricketts Glen State Park, State Game Lands, and Lake Jean.
    • Newly constructed outdoor entertainment area.
    • Caters to diverse clientele: dining, drinks, families, live music.
    • Includes 20 parking spaces.
    • Situated on a 1.29 acre lot with a view.

    Overview

    This well-established restaurant and bar is located in a picturesque area of Pennsylvania, minutes from Ricketts Glen State Park, State Game Lands, and Lake Jean. The property, known as the Jamison City Hotel, features a newly constructed outdoor entertainment area suitable for spring, summer, and fall gatherings. The venue offers dining, drinks, and live music, and is positioned as a stop for travelers exploring Pennsylvania's mountain landscape. The property size is 4040 square feet.

    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 $74.7k $18.48
    − Vacancy −$3.1k −$0.78
    EGI $71.5k $17.70
    − OpEx −$17.9k −$4.43
    NOI $53.6k $13.28
    4,040 SF · lease $18.48/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $766.3K
    $670.5K – $894.1K (±1% cap)
    NOI $53,643 @ 7.0% cap · market cap 7.66%
    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 13.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Hotel & Motel Bar & Pub Bed & Breakfast Restaurant

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

    Similar Places Nearby

    • Central Park — 976 Central Rd, Benton, PA 17814

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Columbia
    State
    Pennsylvania
    Longitude
    -76.3299
    Latitude
    41.2534

    FAQs

    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 Road Jamison City Benton, PA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Established and thriving restaurant and bar business opportunity.; Prime location near Ricketts Glen State Park, State Game Lands, and Lake Jean.; **Newly constructed outdoor entertainment area.**
    (570) 784-4499
    We can help!
    Listing Contact
    MARK HUMPHREYS
    Learn More
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