Two-Level Bar and
For Sale
$239,900
41 Upper St, Hazleton, PA 18201
Food service, indoor and deck seating, gaming, and live-entertainment space are part of the existing tavern setup.
Property Size1,680 SF
Price / SF$142.80
Days on Market39
Property Features for 41 Upper St
General Information
Standard status
Active
Size
1,680 SF
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,535
Listing Agency:
Mullen Realty Associates
Listed By:
Bradley K. Mullen · License #RM425563
(570) 366-4686
Source:
Exprealty
Added: Sep 29
Changed: Nov 4
Last Checked: Nov 4 at 2:45PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Broken Glass Tavern is a bar and restaurant arranged across two levels, with food service, multiple bar and entertainment areas, and separate men’s and women’s restrooms on both levels. Improvements include building insulation and replacement flooring throughout. The main level accommodates approximately 14 people at the bar and 20 at tables, with outdoor deck seating for approximately 24. Space is available for a band or DJ, and televisions are positioned throughout for sports viewing.
The finished lower level adds another bar area, two pool tables, two traditional dart boards, two electronic dart boards, and additional gaming and music equipment. Dart and pool leagues operate from fall through spring. Amenities across the establishment include three slot machines, an ATM, TouchTunes, Keno, a self-service lottery machine, and a dart board. The kitchen serves bar and restaurant fare, including cheesesteaks, pizza, and appetizers.
The finished lower level adds another bar area, two pool tables, two traditional dart boards, two electronic dart boards, and additional gaming and music equipment. Dart and pool leagues operate from fall through spring. Amenities across the establishment include three slot machines, an ATM, TouchTunes, Keno, a self-service lottery machine, and a dart board. The kitchen serves bar and restaurant fare, including cheesesteaks, pizza, and appetizers.
Key Highlights
- Main level seats approximately 14 at the bar and 20 at tables; deck seating for approximately 24
- Finished lower level with two pool tables, two traditional dart boards, and two electronic dart boards
- Separate men’s and women’s restrooms on both levels
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
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Pulaski Club — 608 North St, Hazle Township, PA 18202
- The Pour House Bar & Grill — 111 Winters Ave, West Hazleton, PA 18202
- The Nest Bar and Grill — 330 Ridge Ave, Hazle Township, PA 18202
- VFW Post 8253 — 101 Winters Ave, West Hazleton, PA 18202
- Thaddeus Kosciuszko Polish American Citizens Club — 215 Winters Ave, West Hazleton, PA 18202
Frequently Asked Questions
What type of property is this?
Bar & Pub - Food service, indoor and deck seating, gaming, and live-entertainment space are part of the existing tavern setup.
Where is this bar & pub located?
The property is located at 41 Upper St 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: Main level seats approximately 14 at the bar and 20 at tables; deck seating for approximately 24; Finished lower level with two pool tables, two traditional dart boards, and two electronic dart boards; Separate men’s and women’s restrooms on both levels
