Restaurant with Private Event
For Sale
$999,900
874 State Route 903, Jim Thorpe, PA 18229
An established dining and bar operation includes a deck, kitchen equipment, and an R liquor license.
Property Size5,000 SF
Lot Size3.00 Acres
Price / SF$199.98
Days on Market462
Property Features for 874 State Route 903
General Information
Standard status
Active
Size
5,000 SF
Lot size
3.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$6,132
Building Details
Year Built
1986
Listing Agency:
Real Estate of America
Listed By:
Woody Howell
(610) 351-7900
Source:
Redstonerun
Added: Jul 29, 2025
Changed: Oct 31
Last Checked: Oct 31 at 2:59AM
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 Real Estate of America
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Investment Insights
Based on property information with market context.
Set on 3 acres along State Route 903, this restaurant property contains 5,000 square feet and was built in 1986. The building has a dining room with hardwood floors and glass walls, a bar, a private party room, and a large outdoor deck. The sale includes the real estate, restaurant equipment, and an R liquor license.
The property is less than five miles from Jim Thorpe and near two Pennsylvania Turnpike exits. A public park-and-ride facility is located across the street. The restaurant serves local and seasonal customers and has hosted events in its private room.
The property is less than five miles from Jim Thorpe and near two Pennsylvania Turnpike exits. A public park-and-ride facility is located across the street. The restaurant serves local and seasonal customers and has hosted events in its private room.
Key Highlights
- 5,000‑square‑foot restaurant on 3 acres
- Dining room, bar, private party room, and large outdoor deck
- Sale includes restaurant equipment and an R liquor license
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,760
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,375,200
$1.4M
Cap Rate 7%
$982,286
$982.3K
Cap Rate 9%
$764,000
$764.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$96.0K $19.20/SF
− Vacancy
−$4.3K −$0.86/SF
EGI
$91.7K $18.34/SF
− OpEx
−$22.9K −$4.58/SF
NOI
$68.8K $13.75/SF
Area
Carbon County, PA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,375,200
Cap Rate 7%
$982,286
Cap Rate 9%
$764,000
Alternative Uses
Best Use
Specialty Retail
$982.3K
$859.5K – $1.15M
NOI $68,760 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
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
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18229, PA
8,322
Population
4,820
Households
1.7
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
55.3 sq mi
ZIP Area
150
Density / Sq Mi
$67,642
Median Household Income
$40,830
Median Earnings
$931
Median Rent
$215,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An established dining and bar operation includes a deck, kitchen equipment, and an R liquor license.
Where is this conventional restaurant located?
The property is located at 874 State Route 903 Jim Thorpe, PA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 5,000‑square‑foot restaurant on 3 acres; Dining room, bar, private party room, and large outdoor deck; Sale includes restaurant equipment and an R liquor license
