Restaurant with Equipped Commercial
For Sale
$795,000
503 Old Main Street, Walnutport, PA 18088
CommercialSale, Walnutport Boro, PA
Property Size5,193 SF
Lot Size0.53 Acres
Price / SF$153.09
Days on Market243
Property Features for 503 Old Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-Commercial
Parking
18
Parking features
Parking Lot
Security features
Security
Elementary school district
Northern Lehigh
Middle school district
Northern Lehigh
High school district
Northern Lehigh
Directions
Confidential Listing - Covenant of Confidentiality (document) required and must be submitted to the listing agent prior to release of financials or additional business information. Proof of financial capability and relevant experience required.
Subdivision
Walnutport
Standard status
Active
APN
J2NW4C 6 1 1033
Size
5,193 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Annual Amount
9108
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1947
Building materials
AluminumSiding, Asphalt, Block, Concrete, Stone, StoneVeneer, VinylSiding
Roof type
Composition
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Veronica Slesinski
(845) 443-3275
Added: Feb 21
Changed: Oct 20
Last Checked: Oct 22 at 7:06PM
MLS# 771855
Copyright © 2026 Greater Lehigh Valley REALTORS. 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.
Operating as a restaurant since 1976, this 5,193-square-foot property occupies a 0.533-acre parcel and was renovated in 2019. The dining room seats 60, with display cases and coffee machines; the sale also includes furniture, fixtures, and equipment. Kitchen equipment includes commercial stoves, pizza ovens, and a walk-in refrigerator. Central air serves the building, and customer access includes an accessible entrance and compliant restrooms.
The property has a parking lot and public water and sewer. Built in 1947, the building has upper-level space that may support residential apartment conversion, as described in the property information.
The property has a parking lot and public water and sewer. Built in 1947, the building has upper-level space that may support residential apartment conversion, as described in the property information.
Key Highlights
- 5,193‑square‑foot restaurant on a 0.533‑acre parcel
- Renovated in 2019; originally built in 1947
- 60‑seat dining area with display cases and coffee machines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,864
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,280
$1.1M
Cap Rate 7%
$769,486
$769.5K
Cap Rate 9%
$598,489
$598.5K
Market Conditions
NOI Build-Up for 5,193 SF
Gross rent
$77.9K $15.00/SF
− Vacancy
−$6.1K −$1.17/SF
EGI
$71.8K $13.83/SF
− OpEx
−$18.0K −$3.46/SF
NOI
$53.9K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,280
Cap Rate 7%
$769,486
Cap Rate 9%
$598,489
Alternative Uses
Best Use
Specialty Retail
$769.5K
$673.3K – $897.7K
NOI $53,864 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.9K
$861.8K – $1.15M
NOI $68,946 @ 7.0% cap · market cap 8.67%
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
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
145k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 31%
Groceries 28%
Giant Food Store
Groceries
35,829 visits/mo
0.1 miles
McDonald's
Dining
29,308 visits/mo
0.3 miles
Dollar Tree
Shops & Services
19,371 visits/mo
0.2 miles
Burger King
Dining
12,218 visits/mo
0.3 miles
Dollar General
Shops & Services
11,593 visits/mo
0.2 miles
Demographics for 18088, PA
8,603
Population
3,612
Households
2.4
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
19.1 sq mi
ZIP Area
450
Density / Sq Mi
$76,025
Median Household Income
$46,269
Median Earnings
$1,236
Median Rent
$241,200
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A renovated dining property includes accessible customer facilities, on-site parking, and furnishings and equipment in the sale.
Where is this conventional restaurant located?
The property is located at 503 Old Main Street Walnutport, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,193‑square‑foot restaurant on a 0.533‑acre parcel; Renovated in 2019; originally built in 1947; 60‑seat dining area with display cases and coffee machines
