Restaurant Property with Equipped
For Sale
$130,000
42 Tunnel Rd, White Haven, PA 18661
Former restaurant space with multiple dining areas and a fully outfitted kitchen.
Property Size1,800 SF
Price / SF$72.22
Days on Market48
Property Features for 42 Tunnel Rd
General Information
Standard status
Active
Size
1,800 SF
Building Details
Year Built
1925
Listing Agency:
Aggressive Realty & Rentals LLC
Listed By:
Kenneth Temborski
(570) 788-8500
Source:
Soldbypattie
Added: Aug 30
Changed: Oct 11
Last Checked: Oct 16 at 10:15AM
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 Aggressive Realty & Rentals LLC
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Investment Insights
Based on property information with market context.
This conventional restaurant property at 42 TUNNEL RD includes multiple dining areas and a fully equipped kitchen. The existing configuration supports continued restaurant use as well as café, catering, or mixed-use concepts identified for the property.
Key Highlights
- Multiple dining areas
- Fully equipped commercial kitchen
- Former restaurant location at 42 TUNNEL RD, White Haven, PA 18661
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,934
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,680
$198.7K
Cap Rate 7%
$141,914
$141.9K
Cap Rate 9%
$110,378
$110.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$15.8K $8.76/SF
− Vacancy
−$1.6K −$0.88/SF
EGI
$14.2K $7.88/SF
− OpEx
−$4.3K −$2.37/SF
NOI
$9.9K $5.52/SF
Area
Luzerne County, PA
Vacancy
10.00%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,680
Cap Rate 7%
$141,914
Cap Rate 9%
$110,378
Alternative Uses
Best Use
Specialty Retail
$277.1K
$242.5K – $323.3K
NOI $19,400 @ 7.0% cap · market cap 14.92%
Second Best
Industrial
$141.9K
$124.2K – $165.6K
NOI $9,934 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$570.2K
$499.0K – $665.3K
NOI $39,917 @ 7.0% cap · market cap 30.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18661, PA
5,611
Population
3,644
Households
1.5
Avg Household Size
52
Median Age
21%
College-Educated
96%
High-School Grad
121.2 sq mi
ZIP Area
46
Density / Sq Mi
$68,795
Median Household Income
$42,500
Median Earnings
$1,231
Median Rent
$182,500
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant space with multiple dining areas and a fully outfitted kitchen.
Where is this conventional restaurant located?
The property is located at 42 Tunnel Rd White Haven, PA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Multiple dining areas; Fully equipped commercial kitchen; Former restaurant location at 42 TUNNEL RD, White Haven, PA 18661
