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Property profile & analytics
OFF-MARKET
Turn key restaurants

54 Spg St Wilkes Barre, PA 18702-5587

0.17 ac lot
Entity Owned ~ Est. High Equity
Property ID
US73-1294110
Property summary
AI-generated overview

This established Wilkes-Barre restaurant and bar, operating successfully for 33 years, is offered for sale by the owner. The 2,250 square foot building, constructed in 1985, sits on a 0.59-acre lot (four parcels included) and boasts a highly visible corner location at a busy, signaled intersection with a daily traffic count of 12,538 vehicles. The property is zoned C and offers ample off-street parking. All equipment is included in the sale, making this a true turnkey operation. The current owner is retiring, presenting a unique opportunity for a new owner to step into a profitable, established business. The spacious layout allows for potential expansion, further enhancing the investment potential. The asking price is $925,000, translating to $411.11 per square foot. This is an exceptional opportunity to acquire a well-established business in a prime location. The property's history of success, combined with its strategic location and included equipment, makes this a compelling investment for experienced restaurateurs or those seeking a profitable, established business.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.17 ac (7,405 SF)
APN 73-H10SW2-018-002
UPID US73-1294110
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CJs Pizza Bar & Pub
  • East End Den Bar & Pub
  • C J's Pizza & Subs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cjs Pizza & Subs INC
Cjs Pizza & Subs INC
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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