Property profile

125 Main St Hickory, PA 15340

OFF-MARKET
Commercial real estate
2.2 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents the Ole Hickory Inn, a well-established bar and restaurant ideally situated on State Route 50 in Hickory, PA. The property encompasses 2.2 acres, including four parcels, offering ample space and significant potential. The main level features a spacious bar and dining area with a capacity exceeding 60 patrons, complemented by a recently expanded deck accommodating an additional 30. Private parking is available for 35 vehicles. Recent renovations include a complete bar update, new flooring, a significantly expanded and enhanced back deck, a new rubber roof, and upgraded kitchen and bar equipment, including tap systems. The upper level provides four large, versatile rooms and a full bathroom, presenting numerous possibilities for expansion or alternative uses. The sale includes the building, the established business, all four parcels of land, all bar and kitchen equipment, and the valuable liquor license. This property represents a rare chance to acquire a thriving, historically significant business with substantial room for growth in a prime location. The Inn's historical character has been carefully preserved while incorporating modern updates, creating a unique and attractive establishment.

Property profile

Verified
Property type Commercial real estate
Year built 1920
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

125 Main St Hickory, PA 15340
Hickory metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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