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Restaurant Business with Equipment
New
For Sale
$85,000

623 Centre Street, Freeland, PA 18224

Commercial Sale, Freeland, PA

Property Size1,100 SF
Lot Size0.10 Acres
Price / SF$77.27
Days on Market3

Property Features for 623 Centre Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Freeland Borough
Standard status Active
APN 22-R9NE2 -028-015-000
Size 1,100 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 625 Centre St
Tax Annual Amount 3907
Legal Description 625 Centre St

Building Details

Year built 1776
Floors in Building 1
Listing Agency: Iron Valley Real Estate - Coal Region
Listed By: Juan David Guevara
Added: Aug 27 Last Checked: Aug 29 at 3:06PM
MLS# PM-144228

Copyright © 2026 Pocono Mountains Association of 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.

Restaurant business offered for sale at 623 Centre Street in Freeland, Pennsylvania, with approximately 1,100 square feet of operating space. The transaction excludes the building and conveys the business assets located within the premises, including restaurant equipment, furnishings, supplies, and other contents used in operations.

The sale includes training to support the transition to new ownership, along with a 10-year lease for continued occupancy. The lease provides for a yearly percentage rent increase if the owner elects to apply one. This offering combines an operating restaurant business with the physical assets and occupancy arrangement needed to continue service from the existing location.

Key Highlights

  • Restaurant business sale at 623 Centre Street, Freeland, PA 18224
  • Approximately 1,100 SF of operating restaurant space
  • 10‑year lease included with the business sale

Property Analytics

Current Use

Ritza & Cisco Deli ... Food Market Western Union Bank Computer Pro's Computer & Electronic Repair Wave Detox Center ... Health Counselor TheWizKidz Electronic Engineer

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,476 visits/mo 0.2 miles
Family Dollar Shops & Services
4,258 visits/mo 0.3 miles

Demographics for 18224, PA

6,377
Population
3,072
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
446
Density / Sq Mi
$57,361
Median Household Income
$40,821
Median Earnings
$922
Median Rent
$114,900
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Sale includes training, furnishings, supplies, and a 10-year lease for the operating premises.
Where is this conventional restaurant located?
The property is located at 623 Centre Street Freeland, PA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Restaurant business sale at 623 Centre Street, Freeland, PA 18224; Approximately 1,100 SF of operating restaurant space; 10‑year lease included with the business sale
More about this property
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