Listing Agency: Classic Properties Kingston s***@classicproperties.com Show Phone

Listed By: Charles Kasko Show Phone

Added: Oct 20 Last Checked: Oct 20 at 1:06PM

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MLS# 26-5442

Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Indian Lake Spirits is a bar and restaurant with 2,800 square feet of space. Its menu includes pizza, subs, burgers, wings, and stromboli. The property also includes a two-bedroom cottage.

The business is located on Route 115 at 9933 Bear Creek Boulevard in Bear Creek, Pennsylvania, and the property is zoned Commercial.

Key Highlights

• 2,800 square feet of bar and restaurant space
• Includes a two‑bedroom cottage
• Located on Route 115 in Bear Creek

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,177

Cap Rate

6.05%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$603,540 $603.5K

Cap Rate 7%

$431,100 $431.1K

Cap Rate 9%

$335,300 $335.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,800 SF

Gross rent

$42.0K $15.00/SF

− Vacancy

−$1.8K −$0.63/SF

EGI

$40.2K $14.37/SF

− OpEx

−$10.1K −$3.59/SF

NOI

$30.2K $10.78/SF

Area

Luzerne County, PA

Vacancy

4.20%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$603,540

Cap Rate 7%

$431,100

Cap Rate 9%

$335,300

Alternative Uses

Best Use

Specialty Retail

$431.1K

$377.2K – $503.0K (±1% cap)

NOI $30,177 @ 7.0% cap · market cap 6.05%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$887.0K

$776.2K – $1.03M (±1% cap)

NOI $62,093 @ 7.0% cap · market cap 12.44%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 18702, PA

42,133

Population

19,738

Households

2.1

Avg Household Size

40

Median Age

23%

College-Educated

87%

High-School Grad

78.1 sq mi

ZIP Area

539

Density / Sq Mi

$54,892

Median Household Income

$36,911

Median Earnings

$971

Median Rent

$115,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

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Historic Restaurant Estate

5501 Bear Creek Blvd, Bear Creek, PA 18602

$749,000

6,000 SF

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Community Business Motel

1 Pittston Boulevard, Bear Creek, PA 18702

$340,000

7,200 SF

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Frequently Asked Questions

What type of property is this?

Bar & Pub - A two-bedroom cottage accompanies the food-and-beverage business.

Where is this bar & pub located?

The property is located at 9933 Bear Creek Boulevard Bear Creek, PA.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: 2,800 square feet of bar and restaurant space; Includes a two‑bedroom cottage; Located on Route 115 in Bear Creek