Restaurant and Bar with
New
For Sale
$1,200,000
5 N MAIN STREET, Mercersburg, PA 17236
The sale includes the restaurant business, furnishings, kitchen equipment, supplies, and a Pennsylvania liquor license subject to transfer approval.
Property Size6,800 SF
Price / SF$176.47
Days on Market3
Property Features for 5 N MAIN STREET
General Information
Standard status
Active
Size
6,800 SF
Property subtype
Commercial
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1810
Listing Agency:
Keller Williams Flagship
(410) 729-7700
Listed By:
LUKE SCHLABACH · License #WVS240303462
(302) 387-7650
Source:
Cummingsrealtors
Added: Oct 23
Last Checked: Oct 24 at 5:57PM
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 Keller Williams Flagship
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Investment Insights
Based on property information with market context.
The Mercersburg property combines a restaurant and bar with the operating business and its furnishings, restaurant supplies, and commercial kitchen equipment. Interior features include a full-service bar, several dining areas, and a commercial kitchen. An apartment occupies space above the restaurant, and additional areas remain unfinished or partly renovated. The building dates to 1810.
Located at 5 N Main Street in Mercersburg, Pennsylvania, the property is near local businesses, Mercersburg Academy, and Whitetail Resort. The sale includes a Pennsylvania liquor license; transfer requires Pennsylvania Liquor Control Board approval.
The upper-level apartment may support rental or owner use, while the unfinished areas could accommodate other functions subject to applicable approvals.
Located at 5 N Main Street in Mercersburg, Pennsylvania, the property is near local businesses, Mercersburg Academy, and Whitetail Resort. The sale includes a Pennsylvania liquor license; transfer requires Pennsylvania Liquor Control Board approval.
The upper-level apartment may support rental or owner use, while the unfinished areas could accommodate other functions subject to applicable approvals.
Key Highlights
- Restaurant sale includes the business, furnishings, supplies, and commercial kitchen equipment
- Full‑service bar, multiple dining areas, and commercial kitchen
- Apartment located above the restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,738
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,760
$1.8M
Cap Rate 7%
$1,310,543
$1.3M
Cap Rate 9%
$1,019,311
$1.0M
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$136.3K $20.04/SF
− Vacancy
−$14.0K −$2.05/SF
EGI
$122.3K $17.99/SF
− OpEx
−$30.6K −$4.50/SF
NOI
$91.7K $13.49/SF
Area
Franklin County, PA
Vacancy
10.24%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,760
Cap Rate 7%
$1,310,543
Cap Rate 9%
$1,019,311
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,738 @ 7.0% cap · market cap 7.64%
Second Best
Mixed Use
$961.7K
$841.5K – $1.12M
NOI $67,320 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,415 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 17236, PA
8,620
Population
3,741
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
69
Density / Sq Mi
$81,074
Median Household Income
$42,283
Median Earnings
$986
Median Rent
$250,100
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 - The sale includes the restaurant business, furnishings, kitchen equipment, supplies, and a Pennsylvania liquor license subject to transfer approval.
Where is this conventional restaurant located?
The property is located at 5 N MAIN STREET Mercersburg, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Restaurant sale includes the business, furnishings, supplies, and commercial kitchen equipment; Full‑service bar, multiple dining areas, and commercial kitchen; Apartment located above the restaurant
