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Turnkey Restaurant Bar with 18 Taps
For Sale
$700,000

411 Chestnut Street, Dunmore, PA 18512

Fully equipped restaurant and bar with chef’s kitchen, prep space, and ample parking, plus an included second-floor apartment.

Property Size3,900 SF
Lot Size0.21 Acres
Days on Market305

Property Features for 411 Chestnut Street

General Information

Standard status Active
Size 3,900 SF
Lot size 0.21 Acres
Property subtype Business

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,274

Building Details

Building Size 3,900 SF
Year Built 1940
Listing Agency: C21 Jack Ruddy Real Estate
Listed By: Aaron Pierce · License #RS328091
Source: Luxehomesnepa
Added: Dec 29, 2025 Changed: Oct 25 Last Checked: Oct 28 at 2:38PM

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 C21 Jack Ruddy Real Estate

Rey
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Investment Insights

Based on property information with market context.

Turnkey, well-established high-end restaurant, bar, and catering business for sale with everything included, including owned bar equipment, kitchen equipment, furnishings, and liquor license. The operation includes a fully equipped chef’s kitchen with additional prep space for catering, plus a large bar featuring an 18-tap keg system. The property also offers indoor seating and year-round outdoor seating.

Located at 411 Chestnut St in Dunmore, with an ample parking lot to support guest access.

Also included is a spacious second-floor apartment for additional income, along with an adjoining 80’ x 114’ lot. All information and measurements are approximate and not warranted or guaranteed.

Key Highlights

  • Well‑established restaurant, bar, and catering business for sale with everything included
  • Fully equipped chef’s kitchen with additional prep space for catering
  • Large bar with an 18‑tap keg system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,032
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,640 $840.6K
Cap Rate 7%
$600,457 $600.5K
Cap Rate 9%
$467,022 $467.0K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$58.5K $15.00/SF
− Vacancy
−$2.5K −$0.63/SF
EGI
$56.0K $14.37/SF
− OpEx
−$14.0K −$3.59/SF
NOI
$42.0K $10.78/SF
Area
Lackawanna 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%
$840,640
Cap Rate 7%
$600,457
Cap Rate 9%
$467,022

Alternative Uses

Best Use
Specialty Retail
$600.5K
$525.4K – $700.5K (±1% cap)
NOI $42,032 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$989.9K
$866.2K – $1.15M (±1% cap)
NOI $69,292 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Bakery Daycare Center Storage Facility

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

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 16% Electronics 9%
Turkey Hill Minit Market Shops & Services
10,469 visits/mo 0.4 miles
The UPS Store Shops & Services
6,944 visits/mo 0.4 miles
Pizza Hut Dining
4,726 visits/mo 0.4 miles
Exxon Shops & Services
4,263 visits/mo 0.5 miles
AT&T Electronics
1,583 visits/mo 0.4 miles

Demographics for 18512, PA

12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant and bar with chef’s kitchen, prep space, and ample parking, plus an included second-floor apartment.
Where is this conventional restaurant located?
The property is located at 411 Chestnut Street Dunmore, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Well‑established restaurant, bar, and catering business for sale with everything included; Fully equipped chef’s kitchen with additional prep space for catering; Large bar with an 18‑tap keg system
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