Restaurant with Event
For Sale
$875,000
2136 Lake Ariel Highway, Lake Ariel, PA 18436
Commercial Sale, Lake Ariel, PA
Property Size5,080 SF
Lot Size27.10 Acres
Price / SF$172.24
Days on Market767
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
(570) 296-7717
Listed By:
Eric Ehrhardt · License #RS140542A
( ) 296-7717
Added: Oct 1, 2024
Changed: Oct 8
Last Checked: Nov 6 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This restaurant property includes a 5,080-square-foot facility completed in 2010, with a main dining room accommodating 80 seats, a substantial bar, and a separate dining room suited to private gatherings and events. A pavilion with an outdoor bar and service area extends the usable event space, while the property also includes a large backyard. The sale includes the restaurant’s furniture, equipment, and liquor license.
The property encompasses 27.1 acres with over 1000 feet of frontage on Route 191. It is situated near housing developments, the town of Lake Ariel, and Honesdale. Building systems include natural-gas heating, central air, well water, and a septic tank.
The property encompasses 27.1 acres with over 1000 feet of frontage on Route 191. It is situated near housing developments, the town of Lake Ariel, and Honesdale. Building systems include natural-gas heating, central air, well water, and a septic tank.
Key Highlights
- 5,080‑square‑foot restaurant building completed in 2010
- 27.1‑acre property with over 1000 feet of frontage on Route 191
- Main dining room seats 80 and includes a large bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,494
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,880
$1.3M
Cap Rate 7%
$935,629
$935.6K
Cap Rate 9%
$727,711
$727.7K
Market Conditions
NOI Build-Up for 5,080 SF
Gross rent
$91.4K $18.00/SF
− Vacancy
−$4.1K −$0.81/SF
EGI
$87.3K $17.19/SF
− OpEx
−$21.8K −$4.30/SF
NOI
$65.5K $12.89/SF
Area
Wayne County, PA
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,880
Cap Rate 7%
$935,629
Cap Rate 9%
$727,711
Alternative Uses
Best Use
Specialty Retail
$935.6K
$818.7K – $1.09M
NOI $65,494 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,710 @ 7.0% cap · market cap 9.91%
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
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant operation with furnishings, equipment, outdoor service areas, and an included liquor license.
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 $875,000.
What are key features of this property?
This property features: 5,080‑square‑foot restaurant building completed in 2010; 27.1‑acre property with over 1000 feet of frontage on Route 191; Main dining room seats 80 and includes a large bar
