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Mixed-Use Restaurant with Apartment
For Sale
$1,250,000

4804 Route 309, Schnecksville, PA 18078

Restaurant facilities accommodate more than 110 diners, with a two-bedroom residence on the upper level.

Property Size4,719 SF
Price / SF$264.89
Days on Market10

Property Features for 4804 Route 309

General Information

Standard status Active
Size 4,719 SF

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $12,252

Amenities

parking lot

Building Details

Buildings 1
Listing Agency: RE/MAX Central - Center Valley
Listed By: David Feinberg · License #RS287508
Source: Exprealty
Added: Oct 20 Changed: Oct 27 Last Checked: Oct 28 at 2:31PM

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 RE/MAX Central - Center Valley

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Investment Insights

Based on property information with market context.

This mixed-use property combines a restaurant space with a two-bedroom apartment above. The restaurant is arranged across four dining rooms with seating for more than 110 people and includes five bathrooms. The building measures 4,719 square feet and has electrical service described as ample for a range of commercial operations.

The property fronts PA Route 309 in Schnecksville. A commercial development is under construction across the street, with plans for an auto parts retailer, medical center, and Wawa. PennDOT is also building a traffic roundabout at the nearby intersection. These projects are in progress or proposed; projected traffic figures and development plans are subject to independent verification.

Key Highlights

  • 4,719‑square‑foot mixed‑use property with restaurant space and a two‑bedroom apartment
  • Restaurant layout includes four dining rooms and seating for more than 110
  • Five bathrooms serve the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,576
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,520 $971.5K
Cap Rate 7%
$693,943 $693.9K
Cap Rate 9%
$539,733 $539.7K
Market Conditions
NOI Build-Up for 4,719 SF
Gross rent
$84.9K $18.00/SF
− Vacancy
−$7.2K −$1.53/SF
EGI
$77.7K $16.47/SF
− OpEx
−$29.1K −$6.18/SF
NOI
$48.6K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,520
Cap Rate 7%
$693,943
Cap Rate 9%
$539,733

Alternative Uses

Best Use
Mixed Use
$693.9K
$607.2K – $809.6K (±1% cap)
NOI $48,576 @ 7.0% cap · market cap 3.89%
Second Best
Specialty Retail
$539.4K
$471.9K – $629.3K (±1% cap)
NOI $37,755 @ 7.0% cap · market cap 3.02%
Theoretical Best
—
—
same as Best Use
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 Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Parking Lot & Garage Hair Salon

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
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 18078, PA

6,996
Population
2,731
Households
2.6
Avg Household Size
45
Median Age
43%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
448
Density / Sq Mi
$131,875
Median Household Income
$68,097
Median Earnings
$1,265
Median Rent
$361,200
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?
Mixed-use property - Restaurant facilities accommodate more than 110 diners, with a two-bedroom residence on the upper level.
Where is this mixed-use property located?
The property is located at 4804 Route 309 Schnecksville, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,719‑square‑foot mixed‑use property with restaurant space and a two‑bedroom apartment; Restaurant layout includes four dining rooms and seating for more than 110; Five bathrooms serve the property
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