Remodeled Restaurant Space with
For Sale
Contact for pricing
215 E Main St, Plymouth, PA 18651
Newly remodeled restaurant space available for sale with parking.
Property Size1,660 SF
Price / SF$192.17
Days on Market211
Property Features for 215 E Main St
General Information
Standard status
Active
Size
1,660 SF
Property subtype
Retail
Zoning
commercial
Building Details
Year Renovated
2021
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Lewith & Freeman Real Estate
Listed By:
Greg Barrouk · License #PA RS334115
(570) 762-8277
Source:
Crexi
Added: Mar 13
Changed: Oct 5
Last Checked: Oct 7 at 12:33PM
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 Lewith & Freeman Real Estate
Investment Insights
Based on property information with market context.
This is a newly remodeled restaurant space available for sale. The property offers a total size of 1660 square feet and includes parking facilities, making it suitable for restaurant operations.
Key Highlights
- Newly remodeled
- Restaurant space
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,891
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,820
$357.8K
Cap Rate 7%
$255,586
$255.6K
Cap Rate 9%
$198,789
$198.8K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$24.9K $15.00/SF
− Vacancy
−$1.0K −$0.63/SF
EGI
$23.9K $14.37/SF
− OpEx
−$6.0K −$3.59/SF
NOI
$17.9K $10.78/SF
Area
Luzerne County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,820
Cap Rate 7%
$255,586
Cap Rate 9%
$198,789
Alternative Uses
Best Use
Specialty Retail
$255.6K
$223.6K – $298.2K
NOI $17,891 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.9K
$460.2K – $613.5K
NOI $36,812 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Dunkin' Donuts
Dining
12,819 visits/mo
0.4 miles
Turkey Hill Minit Market
Shops & Services
10,737 visits/mo
0.3 miles
Dollar General
Shops & Services
8,452 visits/mo
0.2 miles
Sunoco
Shops & Services
3,334 visits/mo
0.2 miles
Demographics for 18651, PA
8,723
Population
4,586
Households
1.9
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
727
Density / Sq Mi
$43,639
Median Household Income
$34,673
Median Earnings
$930
Median Rent
$90,400
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
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Similar Off Market Nearby
- Jomeisushi — 63 E Main St #2, Plymouth, PA 18651
Frequently Asked Questions
What type of property is this?
Restaurant - Newly remodeled restaurant space available for sale with parking.
Where is this restaurant located?
The property is located at 215 E Main St Plymouth, PA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Newly remodeled; Restaurant space; Parking available
