Full-Service Restaurant with
373 Hoffmansville Rd Barto, PA 19504
373 Hoffmansville Rd, Barto, PA, 19504
$920,000
For Sale
$920,000
Full-service restaurant plus an upstairs apartment with a separate entrance, supported by a dedicated customer parking parcel.
Property Size5,085 SF
Price / SF$180.92
Days on Market28
Property Features for 373 Hoffmansville Rd
General Information
- Standard status
- Active
- Size
- 5,085 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1800
Listing agency
EXP Realty, LLC
(215) 669-2191
Listed by
Peter Becchina · License #PA #RS282949
Source
7s
Added: Jun 25 Updated: Jul 21 at 7:35PM Checked: Jul 22 at 5:36AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale restaurant property includes a fully operational, full-service restaurant and a second-parcel dedicated customer parking lot. The sale is described as including the business along with the real estate, liquor license availability, and FF&E, supporting a straightforward transition for a new owner.
The building is approximately 5,085 SF and was built in 1800. The property is zoned for mixed use and includes an upstairs apartment with a separate entrance. The remarks indicate two units with 100% occupancy. An option to reconfigure the upstairs space into two units is mentioned as potentially available in the future, pending township approvals.
The liquor license is noted as an “R” license and is available as part of the offering; the remarks also indicate the new owner may opt out of purchasing the liquor license to operate as a BYOB restaurant. The property is located at 373 Hoffmansville Rd in Barto, Pennsylvania, and showings are scheduled for Mondays and Tuesdays only.
The building is approximately 5,085 SF and was built in 1800. The property is zoned for mixed use and includes an upstairs apartment with a separate entrance. The remarks indicate two units with 100% occupancy. An option to reconfigure the upstairs space into two units is mentioned as potentially available in the future, pending township approvals.
The liquor license is noted as an “R” license and is available as part of the offering; the remarks also indicate the new owner may opt out of purchasing the liquor license to operate as a BYOB restaurant. The property is located at 373 Hoffmansville Rd in Barto, Pennsylvania, and showings are scheduled for Mondays and Tuesdays only.
Key Highlights
- 5,085 SF building operating full‑service restaurant with real estate included in the sale
- Liquor license available for sale ("R" license); buyer may opt out and convert to a BYOB model to reduce price by $430,000
- Property includes two parcels: restaurant site plus a dedicated customer parking lot parcel
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.4k | $14.04 |
| − Vacancy | −$3.9k | −$0.77 |
| EGI | $67.5k | $13.27 |
| − OpEx | −$16.9k | −$3.32 |
| NOI | $50.6k | $9.95 |
5,085 SF · lease $14.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$722.9K
$632.5K – $843.3K
NOI $50,600 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$834.8K
$730.4K – $973.9K
NOI $58,433 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Union Jack's Olde ...
Bar & Pub
FAQs
What type of property is this?
Conventional restaurant - Full-service restaurant plus an upstairs apartment with a separate entrance, supported by a dedicated customer parking parcel.
Where is this conventional restaurant located?
The property is located at 373 Hoffmansville Rd Barto, PA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 5,085 SF building operating full‑service restaurant with real estate included in the sale; Liquor license available for sale ("R" license); buyer may opt out and convert to a BYOB model to reduce price by $430,000; Property includes two parcels: restaurant site plus a dedicated customer parking lot parcel
