Restaurant with Bar and Catering
For Sale
$700,000
411 Chestnut Street, Dunmore, PA 18512
Commercial Sale, Dunmore, PA
Property Size3,900 SF
Lot Size0.33 Acres
Price / SF$179.49
Days on Market313
Property Features for 411 Chestnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking features
Parking Lot
Fencing
Privacy
Elementary school district
Dunmore
Middle school district
Dunmore
High school district
Dunmore
Directions
From Drinker St turn onto Chestnut St. Property will be on the left side
Standard status
Active
APN
14616010065
Size
3,900 SF
Lot size
0.33 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
177X74x114x154 W-02 B-0060 L-0010 P-00100
Tax Annual Amount
5274
Legal Description
177X74x114x154 W-02 B-0060 L-0010 P-00100
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Roof type
Composition, Shingle
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Aaron Pierce · License #RS328091
(570) 507-0566
Added: Dec 29, 2025
Changed: Oct 24
Last Checked: Nov 6 at 12:06PM
MLS# SC256400
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,900-square-foot restaurant property includes indoor dining, year-round outdoor seating, a substantial bar, and a kitchen arranged for both regular service and catering preparation. The sale includes owned kitchen and bar equipment, furnishings, and a liquor license. A second-floor apartment is also part of the property, along with an adjoining lot.
Built in 1940, the property is located in Dunmore and includes an on-site parking lot with privacy fencing. The bar features an 18-tap keg system, while the C1 zoning and existing restaurant improvements support the current food-and-beverage configuration.
Built in 1940, the property is located in Dunmore and includes an on-site parking lot with privacy fencing. The bar features an 18-tap keg system, while the C1 zoning and existing restaurant improvements support the current food-and-beverage configuration.
Key Highlights
- 3,900 SF restaurant property built in 1940
- Owned kitchen and bar equipment, furnishings, and liquor license included
- Indoor dining plus year‑round outdoor seating
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
NOI $42,032 @ 7.0% cap · market cap 6.00%
Second Best
Industrial
$325.1K
$284.5K – $379.3K
NOI $22,756 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$989.9K
$866.2K – $1.15M
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
Lease Details
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
Explore this area
Business Placement
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
$173,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Lackawanna County, PA
Properties on Market for Conventional restaurants in Lackawanna County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C1-zoned property includes seating, parking, and a commercial kitchen configured for restaurant and catering operations.
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: 3,900 SF restaurant property built in 1940; Owned kitchen and bar equipment, furnishings, and liquor license included; Indoor dining plus year‑round outdoor seating
