Colmar, PA 18915
- Retail properties
- 6,400 SF
- 1.38 lot acres
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 1970
- Lot size
- 1.38 lot acres
- Property size
- 6,400 SF
- Property type
- Retail properties
Description
This thriving restaurant and bar presents a unique investment opportunity in the bustling town of Colmar, PA. Boasting a spacious 6,400 square foot interior, the establishment comfortably seats 200 patrons within its main dining area, complemented by an inviting outdoor patio. The well-appointed bar area provides seating for 25 guests. The property's prime location on a high-traffic road ensures consistent customer flow. A significant advantage is the expansive 1.38-acre lot, providing ample parking for 90 vehicles. Furthermore, additional nighttime parking is available through an arrangement with the neighboring business, addressing potential parking constraints during peak hours. This turnkey operation is fully equipped and ready for immediate operation, offering a seamless transition for a new owner. The asking price is $2,250,000. This represents a compelling opportunity to acquire an established and profitable business in a desirable location with significant potential for growth. The property's size and parking capacity make it well-suited for continued success and expansion. The existing infrastructure and established clientele provide a solid foundation for a new owner to build upon. This is a rare opportunity to acquire a well-established business with a proven track record in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colmar
- County
- MONTGOMERY
- State
- Pennsylvania
- Longitude
- -75.2578
- Latitude
- 40.267
