Mediterranean Quick-Service
For Sale
$149,900
2722 Easton Ave, Bethlehem, PA 18017
Business-only sale with operating assets, inventory, brand rights, and lease assignment available to a qualified buyer.
Property Size1,073 SF
Price / SF$139.70
Days on Market67
Property Features for 2722 Easton Ave
General Information
Standard status
Active
Size
1,073 SF
Property subtype
Business Opportunity
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
1960
Listing Agency:
RE/MAX Keystone
Listed By:
Marie m Moynihan · License #RS339854
(215) 885-8900
Source:
Kandorre
Added: Aug 9
Changed: Oct 14
Last Checked: Oct 7 at 12:57PM
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 RE/MAX Keystone
Investment Insights
Based on property information with market context.
This business-only restaurant sale includes the operating assets needed for continued service, along with inventory and the associated brand package, including recipes and trade name rights. Real estate is excluded from the offering. The concept is positioned as a Mediterranean quick-service restaurant at 2722 Easton Ave in Bethlehem, Pennsylvania.
The site is situated on Easton Avenue near residential areas, local businesses, Lehigh University, and Moravian University. A lease assignment is available to a qualified buyer, allowing the purchaser to pursue continued occupancy at the existing location subject to lease terms and approval.
The site is situated on Easton Avenue near residential areas, local businesses, Lehigh University, and Moravian University. A lease assignment is available to a qualified buyer, allowing the purchaser to pursue continued occupancy at the existing location subject to lease terms and approval.
Key Highlights
- Business‑only asset sale; real estate is not included
- Includes furniture, fixtures, equipment, and inventory
- Brand package includes recipes and trade name rights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,130
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,600
$222.6K
Cap Rate 7%
$159,000
$159.0K
Cap Rate 9%
$123,667
$123.7K
Market Conditions
NOI Build-Up for 1,073 SF
Gross rent
$16.1K $15.00/SF
− Vacancy
−$1.3K −$1.17/SF
EGI
$14.8K $13.83/SF
− OpEx
−$3.7K −$3.46/SF
NOI
$11.1K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,600
Cap Rate 7%
$159,000
Cap Rate 9%
$123,667
Alternative Uses
Best Use
Specialty Retail
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$203.5K
$178.1K – $237.4K
NOI $14,246 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
223k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 37%
Groceries 21%
Electronics 1%
Giant Food Store
Groceries
36,976 visits/mo
0.5 miles
Wawa
Shops & Services
32,687 visits/mo
0.2 miles
McDonald's
Dining
29,183 visits/mo
0.1 miles
Dollar Tree
Shops & Services
21,334 visits/mo
0.5 miles
Taco Bell
Dining
15,171 visits/mo
0.1 miles
Demographics for 18017, PA
39,663
Population
16,773
Households
2.4
Avg Household Size
46
Median Age
40%
College-Educated
93%
High-School Grad
16.8 sq mi
ZIP Area
2,361
Density / Sq Mi
$88,946
Median Household Income
$45,618
Median Earnings
$1,535
Median Rent
$310,600
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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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Business-only sale with operating assets, inventory, brand rights, and lease assignment available to a qualified buyer.
Where is this conventional restaurant located?
The property is located at 2722 Easton Ave Bethlehem, PA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Business‑only asset sale; real estate is not included; Includes furniture, fixtures, equipment, and inventory; Brand package includes recipes and trade name rights
