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    198 Main St Emmaus, PA 18049

    Sponsored
    For Sale
    $738,500

    Historic building, high traffic area, investment opportunity.

    Property size:
    6,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 2-story, 8,388 sq ft detached building situated on a 7,057 sq ft lot at 198 Main Street, Emmaus, PA 18049. Built in 1900 and extensively renovated in 2018, this property boasts a rich history and prime location within a high-traffic commercial area surrounded by numerous businesses and residential homes. The building, zoned B-C (Central Commercial), offers versatile space, previously used as a restaurant. The main level encompasses over 6,696 square feet, with an additional 1,692 square feet in the lower level, ideal for office space, food preparation, or storage. The property is available for immediate occupancy, starting May 3, 2024. Its central location and flexible zoning make it suitable for a variety of uses, including restaurants, fast food establishments, or retail shops. Further uses should be verified with the local zoning authority. The asking price is $738,500. This landmark Emmaus building presents a rare chance to acquire a substantial property in a thriving commercial district. Don't miss this chance to own a piece of Emmaus history.

    Property Features for 198 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    6,696 SF

    Building Details

    Year Built/Renovated
    1900/2018
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $738,500 asking price for this retail property.
    • 8,388 square feet of net rentable space in a 6,696 - 8,388 square foot building.
    • Located at 198 Main Street, Emmaus, PA 18049.
    • Two‑story building, built in 1900 and renovated in 2018, situated on a 7,057 square foot lot.
    • Zoned B‑C (Central Commercial), suitable for various uses including restaurant, fast food, or retail.
    • High‑traffic location with nearby businesses and residential homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Emmaus
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.488657321668
    Latitude
    40.537123292367

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    FAQs

    What type of property is this?
    Restaurant - Historic building, high traffic area, investment opportunity.
    Where is this restaurant located?
    The property is located at 198 Main St Emmaus, PA.
    What is the asking price?
    The asking price for this property is $738,500.
    What are key features of this property?
    This property features: $738,500 asking price for this retail property.; 8,388 square feet of net rentable space in a 6,696 - 8,388 square foot building.; Located at 198 Main Street, Emmaus, PA 18049.
    Request Owner's contact information
    198 Main St Emmaus, PA 18049
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    Emmaus, PA 18049
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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
    198 Main St Emmaus, PA 18049
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