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    204 Ludlow St Summit Hill, PA 18250

    For Sale
    $595,000

    Turnkey Bar/Restaurant with Hotel Rooms

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Prime investment opportunity awaits in Summit Hill, Pennsylvania! This 5,000 square foot retail property, located at 204 W Ludlow St, 18250, boasts a combined bar and restaurant space with significant upside potential. Currently, the establishment is not in operation, presenting a blank canvas for a new owner to establish their vision. However, the property is fully equipped and ready for immediate relaunch. A key advantage is the inclusion of a non-transferable hotel liquor license, a significant asset for any hospitality business. Adding to the revenue streams are eleven rentable hotel rooms, providing a substantial additional income source. This presents a unique opportunity to capitalize on both the restaurant/bar and lodging aspects of the business. The asking price is $595,000, translating to $119 per square foot. This turnkey operation in Carbon County offers a rare chance to own a well-situated, established business with immediate income potential and significant room for growth. The property is ready for a new owner to bring their entrepreneurial vision to life in this charming Pennsylvania town.

    Property Features for 204 Ludlow St

    General Information

    Property type
    Restaurants
    Square Feet
    5,000 SF

    HighLights

    • $595,000 asking price for a 5,000 square foot retail property.
    • Located at 204 W Ludlow St, Summit Hill, PA 18250.
    • Includes a non‑transferable hotel liquor license.
    • Features 11 rentable hotel rooms.
    • Restaurant/sports bar space ready for immediate operation.
    • Price per square foot: $119.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parkview Inn Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Summit Hill
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.874709973439
    Latitude
    40.823906674296

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Bar/Restaurant with Hotel Rooms
    Where is this restaurant located?
    The property is located at 204 Ludlow St Summit Hill, PA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price for a 5,000 square foot retail property.; Located at 204 W Ludlow St, Summit Hill, PA 18250.; Includes a non-transferable hotel liquor license.
    Request Owner's contact information
    204 Ludlow St Summit Hill, PA 18250
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    Summit Hill, PA 18250
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Ludlow St Summit Hill, PA 18250
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