Property profile

2212 Centre Tpke Orwigsburg, PA 17961

OFF-MARKET
Retail properties & Spaces
7,800 SF 3.7 ac lot Built 1934
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a well-established restaurant in Orwigsburg, Pennsylvania. The 7,800 square foot, two-story free-standing building sits on a 3.7-acre lot with 75 parking spaces. Built in 1934 and extensively renovated in 2022, the property boasts a prime location near the Berks-Schuylkill County border, with significant highway and river frontage (20,935 cars per day). The restaurant, operating successfully for 49 years, offers a proven track record and loyal customer base. The sale includes a liquor license. The property is zoned C and features a spacious interior, ample parking, and a desirable location. This is a rare chance to acquire a thriving business with significant potential for continued growth. The asking price is $695,000 ($89.10 per square foot). The property's APN is 35-15-0029.000. This is a truly unique opportunity for an owner/user to step into an immediately profitable venture with minimal capital investment required for improvements or maintenance. The address is 2212 Centre Turnpike, Orwigsburg, PA 17961.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1934
Total area 7,800 SF
Lot 3.7 ac (161,172 SF)

Cap rate & NOI

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

Location

2212 Centre Tpke Orwigsburg, PA 17961
Orwigsburg metro
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Value estimations

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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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