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Turnkey Pizza Restaurant and Income Property
For Sale
$2,650,000

601 Front Street, Catasauqua, PA 18032

Turnkey pizza restaurant sale includes real estate, FF&E, and liquor license, plus adjacent mixed-use rental income property.

Property Size9,584 SF
Days on Market156

Property Features for 601 Front Street

General Information

Standard status Active
Size 9,584 SF
Property subtype Apartment

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $8,470

Building Details

Building Size 9,584 SF
Year Built 1890
Listing Agency: RE/MAX Real Estate
Listed By: Jeffrey S. Adams · License #AB068781
Source: Bhhspaulfordrealtors
Added: May 28 Changed: Oct 25 Last Checked: Oct 28 at 1:25PM

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 RE/MAX Real Estate

Rey
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Investment Insights

Based on property information with market context.

This sale offers a turnkey, well-established pizza restaurant that has served the Catasauqua community for over 40 years. The package includes the business, real estate, and all furniture, fixtures, and equipment, along with an R liquor license permitting Sunday sales and ready-to-drink alcoholic beverages. The current operation is presented as ready for a new owner to continue the legacy, with an included opportunity to expand online ordering, delivery, and digital marketing presence.

Also included is a neighboring investment property at 101 Pine Street. That building features a commercial tenant on the first floor with two residential apartments above, currently generating approximately $6,000 per month in gross rental income. Financial information is available to qualified buyers upon request.

Key Highlights

  • Pizza restaurant has served the Catasauqua community for over 40 years
  • Sale includes business, real estate, all furniture, fixtures, and equipment (FF&E)
  • R Liquor License included, permitting Sunday sales and ready‑to‑drink alcoholic beverages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,678
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,560 $1.5M
Cap Rate 7%
$1,095,400 $1.1M
Cap Rate 9%
$851,978 $852.0K
Market Conditions
NOI Build-Up for 9,584 SF
Gross rent
$110.4K $11.52/SF
− Vacancy
−$8.2K −$0.85/SF
EGI
$102.2K $10.67/SF
− OpEx
−$25.6K −$2.67/SF
NOI
$76.7K $8.00/SF
Area
Lehigh County, PA
Vacancy
7.40%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,560
Cap Rate 7%
$1,095,400
Cap Rate 9%
$851,978

Alternative Uses

Best Use
Specialty Retail
$1.10M
$958.5K – $1.28M (±1% cap)
NOI $76,678 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,655 @ 7.0% cap · market cap 3.72%
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

Pie's On Pizzeria Restaurant Pie’s On Breakfast Bistro ... Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Restaurant

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby
Under-served
Demand for This Use

Demographics for 18032, PA

9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey pizza restaurant sale includes real estate, FF&E, and liquor license, plus adjacent mixed-use rental income property.
Where is this conventional restaurant located?
The property is located at 601 Front Street Catasauqua, PA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Pizza restaurant has served the Catasauqua community for over 40 years; Sale includes business, real estate, all furniture, fixtures, and equipment (FF&E); R Liquor License included, permitting Sunday sales and ready‑to‑drink alcoholic beverages
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