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Turn-Key Restaurant with Pavilion
For Sale
$899,000

2136 Lake Ariel Highway, Lake Ariel, PA 18436

COMMERCIAL - Lake Ariel, PA

Property Size5,080 SF
Lot Size27.10 Acres
Price / SF$176.97
Days on Market674

Property Features for 2136 Lake Ariel Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Elementary school district Western Wayne
Middle school district Western Wayne
High school district Western Wayne
Subdivision Lake Township
Standard status Active
APN 12-0-0283-0029.0003
Size 5,080 SF
Lot size 27.10 Acres

Taxes and HOA fees

Tax Annual Amount 9907

Utilities

Sewer type Septic Tank
Heating system Natural Gas
Cooling system Central Air
Water source Well

Building Details

Year built 2010
Floors in Building 1
Building materials Metal Siding
Listing Agency: Davis R. Chant Real Estate - Milford
Listed By: Eric Ehrhardt
Added: Oct 1, 2024 Changed: Aug 4 Last Checked: Aug 5 at 7:06PM
MLS# PM-119156

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key restaurant purchase includes the existing equipment, furniture, and liquor license, allowing the buyer to take over the operation with minimal setup. The interior layout features a primary dining room with seating for 80 and a large bar. There is also a second dining room designed for private parties and events.

Outside, the property includes a large pavilion with an outside bar and service area, along with a large backyard for additional special events and outdoor entertainment. The site is situated on a 27.1-acre parcel with more than 1,000 feet of frontage on Route 191, and it is described as being very close to major housing developments, the town of Lake Ariel, and Honesdale.

For a buyer or operator seeking an established restaurant concept with both indoor gathering space and outdoor event capacity, this configuration supports on-premise dining, private functions, and seasonal or special-event programming. With the liquor license and core operating components included, it may be especially well-suited for someone looking to continue the current restaurant use immediately.

Key Highlights

  • Turn‑key restaurant with all equipment, furniture, and liquor license included.
  • Prime location near major housing developments, Lake Ariel, and Honesdale.
  • Multiple dining spaces: 80‑seat dining room, private party room, and large outdoor pavilion with bar.

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 $91.4k $18.00
− Vacancy −$4.1k −$0.81
EGI $87.3k $17.19
− OpEx −$21.8k −$4.30
NOI $65.5k $12.89
5,080 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$935.6K
$818.7K – $1.09M (±1% cap)
NOI $65,494 @ 7.0% cap · market cap 7.29%
Second Best
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M (±1% cap)
NOI $86,710 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Nurnberger Bierhaus Restaurant

Suggested Use

Top Pick Garden Center Storage Facility Hotel & Motel

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

Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 18436, PA

13,576
Population
9,747
Households
1.4
Avg Household Size
51
Median Age
20%
College-Educated
92%
High-School Grad
98.8 sq mi
ZIP Area
137
Density / Sq Mi
$73,209
Median Household Income
$36,675
Median Earnings
$890
Median Rent
$222,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant operation with multiple dining areas, a large bar, and an outdoor pavilion for events.
Where is this conventional restaurant located?
The property is located at 2136 Lake Ariel Highway Lake Ariel, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Turn‑key restaurant with all equipment, furniture, and liquor license included.; Prime location near major housing developments, Lake Ariel, and Honesdale.; Multiple dining spaces: **80‑seat dining room, private party room, and large outdoor pavilion with bar.**
More about this property
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