Restaurant and Lounge with
501 S CHURCH Street Hazleton, PA 18201
For Sale
$880,000
For sale restaurant and lounge with plenty of parking and an overhead 2-bedroom apartment.
Property Size5,616 SF
Price / SF$156.70
Days on Market485
Property Features for 501 S CHURCH Street
General Information
- Standard status
- Active
- Size
- 5,616 SF
- Property subtype
- General Commercial
Listing Agency:
Pecora Realtor, P.C.
(570) 535-6403
Listed By:
Eugenio Sosa · License #RS330109
(570) 535-6403
Source:
Xome
Added: Mar 27, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:49AM
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 Pecora Realtor, P.C.
Investment Insights
Based on property information with market context.
This for-sale restaurant and lounge property was utilized as a nightclub/restaurant and includes a liquor license and some equipment. The building also provides an overhead, spacious 2-bedroom apartment, adding flexible living or rental possibilities above the main operation.
The property is located on a busy Route 309 corridor in Hazleton, PA, and is described as having plenty of parking.
The combination of a food and beverage operating space, liquor license, included equipment, and an overhead 2-bedroom apartment makes this a distinctive mixed-use option on the Route 309 market corridor.
The property is located on a busy Route 309 corridor in Hazleton, PA, and is described as having plenty of parking.
The combination of a food and beverage operating space, liquor license, included equipment, and an overhead 2-bedroom apartment makes this a distinctive mixed-use option on the Route 309 market corridor.
Key Highlights
- Commercial‑zoned Hazleton property on the busy Route 309 corridor
- 60 parking spaces available
- Lot dimensions are 150 x 200
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.2k | $15.00 |
| − Vacancy | −$3.5k | −$0.63 |
| EGI | $80.7k | $14.37 |
| − OpEx | −$20.2k | −$3.59 |
| NOI | $60.5k | $10.78 |
5,616 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$864.7K
$756.6K – $1.01M
NOI $60,526 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,540 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Convenient Food Mart — 51 W Juniper St, Hazleton, PA 18201
- ELITE Exclusive Bar & Restaurant — 501 S Church St, Hazleton, PA 18201
- Joyce & Bill's Bar & Grill — 181 S Wyoming St, Hazleton, PA 18201
- Mambo's Cafe — 501 s church st, hazleton, pa 18201
- Bunkers sports Bar & Restaurant — 462 S Poplar St, Hazleton, PA 18201
FAQs
What type of property is this?
Bar & Pub - For sale restaurant and lounge with plenty of parking and an overhead 2-bedroom apartment.
Where is this bar & pub located?
The property is located at 501 S CHURCH Street Hazleton, PA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Commercial‑zoned Hazleton property on the busy Route 309 corridor; 60 parking spaces available; Lot dimensions are 150 x 200
