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Restaurant with Commercial Kitchen
For Sale
$895,000

Real Estate and/or Business, Walnutport, PA 18088

CommercialSale, Walnutport Boro, PA

Property Size5,193 SF
Lot Size0.53 Acres
Price / SF$172.35
Days on Market230

Property Features for Real Estate and/or Business

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-Commercial
Parking 18
Parking features Parking Lot
Security features Security
Elementary school district Northern Lehigh
Middle school district Northern Lehigh
High school district Northern Lehigh
Directions Confidential Listing - Covenant of Confidentiality (document) required and must be submitted to the listing agent prior to release of financials or additional business information. Proof of financial capability and relevant experience required.
Subdivision Walnutport
Standard status Active
Size 5,193 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Annual Amount 9108

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1947
Building materials AluminumSiding, Asphalt, Block, Concrete, Stone, StoneVeneer, VinylSiding
Roof type Composition
Listing Agency: Howard Hanna TheFrederickGroup
Listed By: Veronica Slesinski
Added: Feb 21 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# 771855

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,193-square-foot restaurant property includes a 60-seat dining room and a commercial kitchen equipped with stoves, pizza ovens, and a walk-in refrigerator. Furniture, fixtures, and equipment are included. Display cases and coffee machines are also on site, and the building received rehabilitation work in 2019. Central air serves the property, which has an accessible entrance and restrooms.

Built in 1947, the building sits on a 0.533-acre parcel and has parking lot spaces. Public water and public sewer serve the site. Zoned C-Commercial, the property also contains upper-level space identified as a possible candidate for residential conversion.

Key Highlights

  • 5,193‑square‑foot restaurant building on a 0.533‑acre parcel
  • 60‑seat dining room with display cases and coffee machines
  • Commercial kitchen includes stoves, pizza ovens, and a walk‑in refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,864
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,280 $1.1M
Cap Rate 7%
$769,486 $769.5K
Cap Rate 9%
$598,489 $598.5K
Market Conditions
NOI Build-Up for 5,193 SF
Gross rent
$77.9K $15.00/SF
− Vacancy
−$6.1K −$1.17/SF
EGI
$71.8K $13.83/SF
− OpEx
−$18.0K −$3.46/SF
NOI
$53.9K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,280
Cap Rate 7%
$769,486
Cap Rate 9%
$598,489

Alternative Uses

Best Use
Specialty Retail
$769.5K
$673.3K – $897.7K (±1% cap)
NOI $53,864 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.9K
$861.8K – $1.15M (±1% cap)
NOI $68,946 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby
145k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 31% Groceries 28%
Giant Food Store Groceries
35,829 visits/mo 0.1 miles
McDonald's Dining
29,308 visits/mo 0.3 miles
Dollar Tree Shops & Services
19,371 visits/mo 0.2 miles
Burger King Dining
12,218 visits/mo 0.3 miles
Dollar General Shops & Services
11,593 visits/mo 0.2 miles

Demographics for 18088, PA

8,603
Population
3,612
Households
2.4
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
19.1 sq mi
ZIP Area
450
Density / Sq Mi
$76,025
Median Household Income
$46,269
Median Earnings
$1,236
Median Rent
$241,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Dining space, installed food-service equipment, and on-site parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at Real Estate and/or Business Walnutport, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5,193‑square‑foot restaurant building on a 0.533‑acre parcel; 60‑seat dining room with display cases and coffee machines; Commercial kitchen includes stoves, pizza ovens, and a walk‑in refrigerator
More about this property
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