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Restaurant, Bar, and Rental Income
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291 Main St, Archbald, PA 18403

Profitable restaurant, bar with real estate and rental income.

Property Size6,300 SF
Price / SF$95.08
Days on Market140

Property Features for 291 Main St

General Information

Standard status Active
Size 6,300 SF
Property subtype Retail, Hospitality, Mixed Use
Zoning C

Building Details

Year Built 1920
Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: KW Comercial
Listed By: Jody Ferdyn · License #RS162591A
Source: Crexi
Added: Mar 26 Changed: Aug 11 Last Checked: Aug 11 at 10:15AM

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 KW Comercial

Investment Insights

Based on property information with market context.

This established Mid Valley restaurant and bar offers a turnkey acquisition opportunity, including the real estate. The consistently profitable business includes a full liquor license, professional-grade kitchen equipment, quality furnishings and fixtures, proprietary recipes, established branding, and goodwill. The property features two one-bedroom apartments that generate additional income, creating supplemental cash flow and enhanced investment stability. A separately deeded parking lot accommodates 50+ vehicles, providing convenience for patrons and visibility with prominent signage. The property size is 6,300 square feet. Financials and tax documentation are available to qualified buyers upon request.

Key Highlights

  • Profitable, turnkey restaurant and bar business with real estate included
  • Two one‑bedroom apartments provide built‑in rental income
  • Includes a full liquor license, equipment, furnishings, recipes, and branding

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,569
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.11%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$971,380 $971.4K
Cap Rate 7%
$693,843 $693.8K
Cap Rate 9%
$539,656 $539.7K
Market Conditions
NOI Build-Up for 6,300 SF 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.
Gross rent
$93.7K $14.88/SF
− Vacancy
−$5.4K −$0.86/SF
EGI
$88.3K $14.02/SF
− OpEx
−$39.7K −$6.31/SF
NOI
$48.6K $7.71/SF
Area
Lackawanna County, PA
Vacancy
5.80%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$971,380
Cap Rate 7%
$693,843
Cap Rate 9%
$539,656

Alternative Uses

Best Use
Specialty Retail
$970.0K
$848.7K – $1.13M (±1% cap)
NOI $67,898 @ 7.0% cap · market cap 11.34%
Second Best
Apartment 5plus
$693.8K
$607.1K – $809.5K (±1% cap)
NOI $48,569 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $111,934 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby
Balanced
Demand for This Use

Demographics for 18403, PA

7,369
Population
3,108
Households
2.4
Avg Household Size
45
Median Age
33%
College-Educated
92%
High-School Grad
19.2 sq mi
ZIP Area
384
Density / Sq Mi
$76,401
Median Household Income
$42,238
Median Earnings
$940
Median Rent
$212,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Similar Off Market Nearby

  • Barrett's Pub 474 Main St, Archbald, PA 18403
  • The Moontower Bar and Grill 239 Main St, Archbald, PA 18403
  • Bud's Bar & Grill 402 N Main St, Archbald, PA 18403
  • Kenny's Pub 153 Spruce St, Archbald, PA 18403

Frequently Asked Questions

What type of property is this?
Bar & Pub - Profitable restaurant, bar with real estate and rental income.
Where is this bar & pub located?
The property is located at 291 Main St Archbald, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Profitable, **turnkey restaurant and bar business with real estate included**; Two one‑bedroom apartments provide built‑in rental income; Includes a full liquor license, equipment, furnishings, recipes, and branding
(570) 885-3739 Call to check price and availability
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