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Pizza Restaurant with Liquor License
For Sale
$2,650,000

601 Front Street, Catasauqua, PA 18032

CommercialSale, Catasauqua Boro, PA

Property Size9,584 SF
Lot Size0.18 Acres
Price / SF$276.50
Days on Market132

Property Features for 601 Front Street

General Information

Property type Commercial Sale
Property subtype Apartment
Parking features On Street
Directions From Airport Rd take Race St to Right on Front to properties on cormer of Front & Pine
Subdivision Catasauqua
Standard status Active
APN 549899434863 001
Size 9,584 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 8471

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1890
Listing Agency: RE/MAX Real Estate · RE/MAX International
Listed By: Jeffrey S. Adams · License #AB068781
Added: May 28 Changed: Aug 19 Last Checked: Oct 6 at 5:06AM
MLS# 777972

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.

Investment Insights

Based on property information with market context.

This offering combines an established pizza restaurant with the underlying real estate, furniture, fixtures, and equipment. The sale also includes an R Liquor License authorizing Sunday sales and ready-to-drink alcoholic beverages. The restaurant property contains 9,584 square feet on 0.175 acres and was built in 1890. Central air conditioning, on-street parking, public water, and public sewer serve the property.

The package includes the neighboring property at 101 Pine Street. That building has a commercial tenant on the first floor and two residential apartments above, adding a mixed-use component to the offering. The additional real estate is part of the sale and provides both commercial and residential space within the same investment package.

Key Highlights

  • Operating pizza restaurant offered with real estate, furniture, fixtures, and equipment
  • R Liquor License permits Sunday sales and ready‑to‑drink alcoholic beverages
  • 9,584‑square‑foot property on 0.175 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,655
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,973,100 $2.0M
Cap Rate 7%
$1,409,357 $1.4M
Cap Rate 9%
$1,096,167 $1.1M
Market Conditions
NOI Build-Up for 9,584 SF
Gross rent
$172.5K $18.00/SF
− Vacancy
−$14.7K −$1.53/SF
EGI
$157.8K $16.47/SF
− OpEx
−$59.2K −$6.18/SF
NOI
$98.7K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,973,100
Cap Rate 7%
$1,409,357
Cap Rate 9%
$1,096,167

Alternative Uses

Best Use
Mixed Use
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,655 @ 7.0% cap · market cap 3.72%
Second Best
Specialty Retail
$1.10M
$958.5K – $1.28M (±1% cap)
NOI $76,678 @ 7.0% cap · market cap 2.89%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Sale includes the operating business, real estate, furnishings, equipment, and an R Liquor License.
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: Operating pizza restaurant offered with real estate, furniture, fixtures, and equipment; R Liquor License permits Sunday sales and ready‑to‑drink alcoholic beverages; 9,584‑square‑foot property on 0.175 acres
More about this property
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