Established Restaurant with Liquor
2136 Lake Ariel Hwy Lake Ariel, PA 18436
2136 Lake Ariel Hwy, Lake Ariel, PA, 18436
Contact for pricing
For Sale
Contact for pricing
Turn-key restaurant for sale with expansion potential.
Property Size5,080 SF
Lot Size26.00 Acres
Price / SF$176.97
Days on Market659
Property Features for 2136 Lake Ariel Hwy
General Information
- Standard status
- Active
- Size
- 5,080 SF
- Lot size
- 26.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agency
Davis R. Chant Realtors
(570) 226-4518
Listed by
Eric Ehrhardt · License #PA RS140542A
Source
Crexi
Added: Oct 1, 2024 Updated: Jul 10 at 11:18AM Checked: Jul 20 at 5:50AM
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 Davis R. Chant Realtors
Investment Insights
Based on property information with market context.
A well-established restaurant in Lake Ariel, PA, is available for purchase. The sale includes all equipment, furniture, and a liquor license. The property is located close to major housing developments, the town of Lake Ariel, and Honesdale. The restaurant features a primary dining room with 80 seats and a large bar, as well as a second dining room suitable for private parties and events. Additionally, there is a large pavilion with an outside bar and service area, and a large backyard for special events and outside entertainment. The property spans over 26 acres and has over 1000 feet of frontage on Route 191, offering room for future expansion or development. The building size is 5080 square feet. This property is intended for use as a conventional restaurant.
Key Highlights
- Turn‑key restaurant with all equipment, furniture, and Liquor License included.
- Over 26 acres of property with over 1000 feet of frontage on Route 191, allowing for future expansion or development.
- Multiple dining areas: primary dining room (80 seats), private party room, and large outdoor pavilion with bar.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.4k | $18.00 |
| − Vacancy | −$4.1k | −$0.81 |
| EGI | $87.3k | $17.19 |
| − OpEx | −$21.8k | −$4.30 |
| NOI | $65.5k | $12.89 |
5,080 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$935.6K
$818.7K – $1.09M
NOI $65,494 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,710 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nurnberger Bierhaus
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant for sale with expansion potential.
Where is this conventional restaurant located?
The property is located at 2136 Lake Ariel Hwy Lake Ariel, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Turn‑key restaurant with all equipment, furniture, and Liquor License included.; Over 26 acres of property with over 1000 feet of frontage on Route 191, allowing for future expansion or development.; Multiple dining areas: primary dining room (80 seats), private party room, and large outdoor pavilion with bar.
