Restaurant on 1.4 Acre
3941 Chestnut St Emmaus, PA 18049
3941 Chestnut St, Emmaus, PA, 18049
Contact for pricing
For Sale
Contact for pricing
6,326 SF restaurant for sale on 1.4 acres.
Property Size6,326 SF
Lot Size1.40 Acres
Price / SF$276.64
Days on Market1120
Property Features for 3941 Chestnut St
General Information
- Standard status
- Active
- Size
- 6,326 SF
- Lot size
- 1.40 Acres
- Property subtype
- Retail
Listing agency
Colliers - Allentown, Pennsylvania
(215) 928-7575
Listed by
Derek Zerfass · License #PA RS300857
Source
Crexi
Added: Jun 28, 2023 Updated: Jul 6 at 7:55AM Checked: Jul 20 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 Colliers - Allentown, Pennsylvania
Investment Insights
Based on property information with market context.
The property is a 6,326 square-foot restaurant situated on a 1.4-acre parcel.
Key Highlights
- 6,326 SF restaurant
- 1.4 acre parcel
- Restaurant Property
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 | $72.9k | $11.52 |
| − Vacancy | −$5.4k | −$0.85 |
| EGI | $67.5k | $10.67 |
| − OpEx | −$16.9k | −$2.67 |
| NOI | $50.6k | $8.00 |
6,326 SF · lease $11.52/SF/yr · vacancy 7.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$723.0K
$632.7K – $843.5K
NOI $50,612 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$930.3K
$814.0K – $1.09M
NOI $65,118 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Big Woody's Sports ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - 6,326 SF restaurant for sale on 1.4 acres.
Where is this conventional restaurant located?
The property is located at 3941 Chestnut St Emmaus, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,326 SF restaurant; 1.4 acre parcel; Restaurant Property
