Restaurant and Event Space with
For Sale
$380,000
754 Cherokee St, Fountain Hill, PA 18015
Restaurant and event venue with office space, high ceilings, two half bathrooms, and ample onsite parking.
Property Size2,239 SF
Price / SF$169.72
Days on Market145
Property Features for 754 Cherokee St
General Information
Standard status
Active
Size
2,239 SF
Building Details
Year Built
1900
Listing Agency:
Howard Hanna The Frederick Group
Listed By:
Latidia D Fisher
(610) 393-3846
Source:
Kandorre
Added: Jun 11
Changed: Oct 26
Last Checked: Oct 7 at 4:12PM
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 Howard Hanna The Frederick Group
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Investment Insights
Based on property information with market context.
This versatile commercial property combines a restaurant and event space with dedicated office space. The interior is described as spacious, supported by high ceilings for an open, gathering-friendly feel. Two half bathrooms are included for convenient guest and staff use, and the property is cleared C/O, which can help streamline occupancy planning for a new operator.
Located at 754 Cherokee St in Fountain Hill, PA, the property also offers ample onsite parking, an important practical feature for restaurants and private events where guests may arrive at different times. The layout is positioned to support gatherings, celebrations, and community-style events.
For buyers and tenants, the combination of hospitality/event space plus on-site office space can fit a range of operating models, including dining, private events, catering, entertainment, or a mixed-use business concept. Those looking for a setup that can handle both front-of-house activity and day-to-day administration may find the current configuration useful as a starting point for buildout planning and operational flow.
Located at 754 Cherokee St in Fountain Hill, PA, the property also offers ample onsite parking, an important practical feature for restaurants and private events where guests may arrive at different times. The layout is positioned to support gatherings, celebrations, and community-style events.
For buyers and tenants, the combination of hospitality/event space plus on-site office space can fit a range of operating models, including dining, private events, catering, entertainment, or a mixed-use business concept. Those looking for a setup that can handle both front-of-house activity and day-to-day administration may find the current configuration useful as a starting point for buildout planning and operational flow.
Key Highlights
- Restaurant and event venue with office space and high ceilings
- Includes two half bathrooms for added convenience
- Ample onsite parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,224
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,480
$464.5K
Cap Rate 7%
$331,771
$331.8K
Cap Rate 9%
$258,044
$258.0K
Market Conditions
NOI Build-Up for 2,239 SF
Gross rent
$33.6K $15.00/SF
− Vacancy
−$2.6K −$1.17/SF
EGI
$31.0K $13.83/SF
− OpEx
−$7.7K −$3.46/SF
NOI
$23.2K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,480
Cap Rate 7%
$331,771
Cap Rate 9%
$258,044
Alternative Uses
Best Use
Specialty Retail
$331.8K
$290.3K – $387.1K
NOI $23,224 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$424.7K
$371.6K – $495.5K
NOI $29,727 @ 7.0% cap · market cap 7.82%
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
Location Intelligence
Trade Area within ½ mile
1,659
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 19%
McDonald's
Dining
23,780 visits/mo
0.3 miles
Wendy's
Dining
14,468 visits/mo
0.5 miles
TD Bank
Shops & Services
6,181 visits/mo
0.3 miles
AutoZone
Shops & Services
2,935 visits/mo
0.3 miles
Demographics for 18015, PA
33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and event venue with office space, high ceilings, two half bathrooms, and ample onsite parking.
Where is this conventional restaurant located?
The property is located at 754 Cherokee St Fountain Hill, PA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Restaurant and event venue with office space and high ceilings; Includes two half bathrooms for added convenience; Ample onsite parking
