1302 Adams Ave Dunmore, PA 18509
- Commercial real estate
- 6,100 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1302 Adams Ave
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 6,100 SF
- Property type
- Commercial real estate
Description
This exceptional Dunmore, PA property offers a unique blend of commercial and residential income streams. The main attraction is a vibrant, established restaurant boasting 6,100 square feet of space, seating for 100 patrons, and a charming outdoor patio. The restaurant features a fully equipped bar with draft beer capabilities, a bottle shop with a convenient takeout counter, and retail space. A valuable liquor license is included, making this a truly turnkey operation. The building's design cleverly combines mid-century modern aesthetics with playful artistic elements, preserving its historical charm. Convenient parking is available both on and off-street. Adding to the investment potential are two spacious apartments located above the restaurant. Each apartment offers 3-4 bedrooms and one bathroom, presenting an opportunity for additional rental income or owner/manager occupancy. These units require some updating. The property sits on a 0.12-acre corner lot and benefits from attractively low taxes. This versatile property is priced at $679,000 and presents a compelling opportunity for an entrepreneur seeking a proven, income-generating business with significant upside potential through apartment renovations. The property's location in the thriving borough of Dunmore ensures strong community engagement and consistent customer traffic.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dunmore
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.64768
- Latitude
- 41.41998