Listing Agency: Keller Williams Northampton i***@kw.com Show Phone

Listed By: Fred Hutterer Jr. Show Phone

Source: Exprealty

Added: Mar 17 Changed: Oct 4 Last Checked: Oct 12 at 8:23PM

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Investment Insights

Based on property information with market context.

This commercial property, suitable for a restaurant, event venue, or hospitality destination, offers approximately 4,000 square feet of space on three acres of land. It includes a Hotel Liquor License and multiple revenue possibilities. The property features a historic stone façade and a welcoming front porch. Inside, the building showcases rich wood floors, exposed beams, ornate details, and handcrafted elements. The main level has a dining room and a bar area with seating and a wood-burning fireplace. An additional dining room features a tin ceiling and a custom stained-glass light fixture. The operational area includes a full commercial kitchen, prep area, and dishwashing station. The second floor features two large dining rooms, each with a fireplace, and a satellite bar area. Multiple additional rooms offer potential for overnight accommodations, which would allow the owner to preserve the Hotel Liquor License and open the door to a bed and breakfast, boutique hotel, or expanded hospitality concept. The property's maximum occupancy exceeds 100 guests. Outside, a spacious outdoor patio and deck seats approximately 40 guests. The three-acre property offers room for outdoor events. A separate outbuilding provides storage or potential retail use, and the property also includes what was at one time, two full apartments, offering possible potential rental income or housing for staff or management.

Key Highlights

• Hotel Liquor License included, enabling diverse revenue streams.
• Approximately 4,000 sq ft of character‑filled space on 3 acres, suitable for large events and expansion.
• Multiple revenue possibilities: restaurant, bar, catering, event space, potential rental income.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,158

Cap Rate

4.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$823,160 $823.2K

Cap Rate 7%

$587,971 $588.0K

Cap Rate 9%

$457,311 $457.3K

Market Conditions

NOI Build-Up for 3,968 SF

Gross rent

$59.5K $15.00/SF

− Vacancy

−$4.6K −$1.17/SF

EGI

$54.9K $13.83/SF

− OpEx

−$13.7K −$3.46/SF

NOI

$41.2K $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%

$823,160

Cap Rate 7%

$587,971

Cap Rate 9%

$457,311

Alternative Uses

Best Use

Specialty Retail

$588.0K

$514.5K – $686.0K (±1% cap)

NOI $41,158 @ 7.0% cap · market cap 4.14%

Second Best

Hotel Hospitality

$343.3K

$300.4K – $400.5K (±1% cap)

NOI $24,031 @ 7.0% cap · market cap 2.42%

Theoretical Best

Office A

$752.6K

$658.5K – $878.0K (±1% cap)

NOI $52,682 @ 7.0% cap · market cap 5.29%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bed & breakfasts

Suggested Use

Top Pick Auto Repair Shop Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon

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

59

Businesses Nearby

Explore this area Business Placement

Demographics for 18055, PA

12,077

Population

4,946

Households

2.4

Avg Household Size

46

Median Age

39%

College-Educated

95%

High-School Grad

20.0 sq mi

ZIP Area

604

Density / Sq Mi

$90,087

Median Household Income

$52,690

Median Earnings

$1,273

Median Rent

$293,800

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

Questions? Ask Rey

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What type of property is this? Where is this hospitality properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Historic Stone Mixed-Use Property

605 Main Street, Hellertown, PA 18055

$1,200,000

9,533 SF

View details

Restaurant with Liquor License

Somewhere, Hellertown, PA 18055

$350,000

View details

Frequently Asked Questions

What type of property is this?

Hospitality property - Unique opportunity: restaurant, event venue, and hospitality destination.

Where is this hospitality property located?

The property is located at 3258 Main St Hellertown, PA.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Hotel Liquor License included, enabling diverse revenue streams.; Approximately 4,000 sq ft of character‑filled space on 3 acres, suitable for large events and expansion.; Multiple revenue possibilities: restaurant, bar, catering, event space, potential rental income.