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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1311 Pa-507 Greentown, PA 18426

1,754 SF 2.14 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This turnkey restaurant in Greentown, PA, presents a fantastic investment opportunity. Located on over 2 acres of land at 1311 PA-507, this 1,754 square foot, single-story building boasts a prime location on busy Route 507, less than a mile from I-84 exit 20, ensuring high visibility and easy accessibility. Built in 1972 and renovated in 2014, the property features 60 indoor seats and over 70 outdoor seats under a pavilion, along with an outdoor bar and ample parking. All furniture and equipment are included, making this a truly move-in ready establishment. The property's unrestricted zoning allows for diverse commercial uses beyond a restaurant, such as private events or other businesses. The expansive lot offers significant potential for future expansion. Additional revenue streams could be generated through the placement of a digital billboard on the property. The asking price is $395,000, with a price per square foot of $225.20. The property is a fee simple ownership and has a parcel number of 085.00-01-31. The property is available for occupancy on November 5, 2024.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 1,754 SF
Lot 2.14 ac (93,218 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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