Two-Level Bar and
For Sale
$239,900
41 East Main Street, Hazleton, PA 18201
Food service, gaming amenities, and an outdoor deck support dining and entertainment across two levels.
Property Size1,680 SF
Price / SF$142.80
Days on Market35
Property Features for 41 East Main Street
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Patio
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,535
Amenities
slot machines
ATM
TouchTunes
Keno
self-service lottery machine
dart boards
televisions
restrooms
pool tables
Building Details
Building Size
1,680 SF
Year Built
1963
Listing Agency:
Mullen Realty Associates
Listed By:
Bradley K. Mullen · License #RM425563
(570) 366-4686
Source:
Redstonerun
Added: Sep 29
Changed: Oct 31
Last Checked: Oct 31 at 3:01AM
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 Mullen Realty Associates
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Investment Insights
Based on property information with market context.
This 1,680-square-foot bar and restaurant has two levels of customer space, with a kitchen, separate men’s and women’s restrooms on each level, and indoor seating. The main floor accommodates approximately 14 at the bar and 20 at tables; an outdoor deck provides seating for approximately 24. The lower level adds bar and entertainment areas, including pool tables and dart games. Improvements include building insulation and new flooring throughout.
Gaming and entertainment features include slot machines, TouchTunes, Keno, a self-service lottery machine, televisions, and space for live music or a DJ. The kitchen supports food service, while dart and pool leagues are held during the fall-through-spring season. The property was built in 1963 and is located in Junedale, Pennsylvania.
Gaming and entertainment features include slot machines, TouchTunes, Keno, a self-service lottery machine, televisions, and space for live music or a DJ. The kitchen supports food service, while dart and pool leagues are held during the fall-through-spring season. The property was built in 1963 and is located in Junedale, Pennsylvania.
Key Highlights
- 1,680 square feet across two levels
- Main level seats approximately 14 at the bar and 20 at tables
- Outdoor deck with seating for approximately 24
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,106
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
$362.1K
Cap Rate 7%
$258,657
$258.7K
Cap Rate 9%
$201,178
$201.2K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$25.2K $15.00/SF
− Vacancy
−$1.1K −$0.63/SF
EGI
$24.1K $14.37/SF
− OpEx
−$6.0K −$3.59/SF
NOI
$18.1K $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%
$362,120
Cap Rate 7%
$258,657
Cap Rate 9%
$201,178
Alternative Uses
Best Use
Specialty Retail
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.2K
$465.7K – $620.9K
NOI $37,256 @ 7.0% cap · market cap 15.53%
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
12
Businesses Nearby
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Business Placement
Demographics for 18201, PA
31,310
Population
13,318
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
76%
High-School Grad
17.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$43,983
Median Household Income
$30,463
Median Earnings
$1,019
Median Rent
$131,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- The Broken Glass Tavern — 41 E Main St, Junedale, PA 18230
Frequently Asked Questions
What type of property is this?
Bar & Pub - Food service, gaming amenities, and an outdoor deck support dining and entertainment across two levels.
Where is this bar & pub located?
The property is located at 41 East Main Street Hazleton, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,680 square feet across two levels; Main level seats approximately 14 at the bar and 20 at tables; Outdoor deck with seating for approximately 24
