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Corner Restaurant Space

198 Main Street Lower Levels, Emmaus, PA 18049

For Lease
$3,900/Mo

Vacant food-service premises occupy the ground and lower levels of a corner property in Emmaus.

Space Size5,592 SF
Property Size8,388 SF
Days on Market11

Property Features for 198 Main Street Lower Levels

General Information

Standard status Active
Size 5,592 SF
Net Rentable 5,592 SF
Property subtype Commercial

Space & Availability

Available Space 5,592 SF
Floor Lower Level + 1
Space Use Restaurant
Sublease No

Site & Location

Corner Location Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $18,136

Building Details

Building Size 8,388 SF
Year Built 1950
Listing Agency: I-Do Real Estate
Listed By: Jose Ortiz
Source: Bhhspaulfordrealtors
Added: Oct 31 Changed: Nov 7 Last Checked: Nov 8 at 11:58AM

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 I-Do Real Estate

Rey
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Investment Insights

Based on property information with market context.

The available restaurant premises comprise approximately 5,592 SQ FT across the first floor and lower level of a building constructed in 1950. The space is vacant and was previously used as a restaurant. Permitted uses should be confirmed with local zoning authorities.

The corner property fronts Main Street in Emmaus, connecting the downtown district with nearby residential areas and businesses. A lease with an option to purchase may be considered, and a 3-month rent abatement is available.

Key Highlights

  • Approximately 5,592 SQ FT across the first floor and lower level
  • Corner building fronting Main Street in Emmaus
  • Previously operated as a restaurant; space is now vacant

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Storage Facility

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
Paved road access
NNN (Triple Net)
Lease Type
$1.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
5,417 visits/mo 0.3 miles

Demographics for 18049, PA

18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant food-service premises occupy the ground and lower levels of a corner property in Emmaus.
Where is this conventional restaurant located?
The property is located at 198 Main Street Lower Levels Emmaus, PA.
What is the lease rate?
The lease rate is $3,900/Mo.
What are key features of this property?
This property features: Approximately 5,592 SQ FT across the first floor and lower level; Corner building fronting Main Street in Emmaus; Previously operated as a restaurant; space is now vacant
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