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Mixed-Use Property with Bar
For Sale
$239,000

533 Patterson St, Lansford, PA 18232

Two-level property combines an equipped bar with a residential apartment and an included liquor license.

Property Size1,353 SF
Price / SF$176.64
Days on Market56

Property Features for 533 Patterson St

General Information

Standard status Active
Size 1,353 SF

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Year Built 1910
Listing Agency: VRA Realty
Listed By: Alex V. Camaerei · License #AB068180
Source: Jennysoldmine
Added: Aug 20 Changed: Sep 7 Last Checked: Oct 7 at 4:31PM

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 VRA Realty

Investment Insights

Based on property information with market context.

This two-story mixed-use property in Lansford combines commercial and residential components within a single building. The first floor contains a fully equipped bar, and the sale includes a liquor license. A residential apartment occupies the second floor, creating a separate living or rental component within the property.

Built in 1910, the building contains 1,353 square feet and is located at 533 Patterson St, Lansford, PA 18232. The configuration places the bar and apartment together in one established mixed-use asset.

Key Highlights

  • First‑floor fully equipped bar
  • Liquor license included with the sale
  • Second‑floor residential apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,606
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,120 $372.1K
Cap Rate 7%
$265,800 $265.8K
Cap Rate 9%
$206,733 $206.7K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$26.0K $19.20/SF
− Vacancy
−$1.2K −$0.86/SF
EGI
$24.8K $18.34/SF
− OpEx
−$6.2K −$4.58/SF
NOI
$18.6K $13.75/SF
Area
Carbon County, PA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,120
Cap Rate 7%
$265,800
Cap Rate 9%
$206,733

Alternative Uses

Best Use
Specialty Retail
$265.8K
$232.6K – $310.1K (±1% cap)
NOI $18,606 @ 7.0% cap · market cap 7.78%
Second Best
Mixed Use
$188.7K
$165.2K – $220.2K (±1% cap)
NOI $13,212 @ 7.0% cap · market cap 5.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Ole Bull Saloon Bar & Pub Citarelli's Sports Bar ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Kitchen & Bath Showroom Plumbing Service Law Firm

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
4,434 visits/mo 0.2 miles

Demographics for 18232, PA

4,222
Population
2,129
Households
2
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
2.1 sq mi
ZIP Area
2,010
Density / Sq Mi
$44,078
Median Household Income
$34,802
Median Earnings
$963
Median Rent
$48,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines an equipped bar with a residential apartment and an included liquor license.
Where is this mixed-use property located?
The property is located at 533 Patterson St Lansford, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: First‑floor fully equipped bar; Liquor license included with the sale; Second‑floor residential apartment
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