1311 Rt 507 Greentown, PA 18426
This exceptional turnkey restaurant, located at 1311 Rt 507 in Greentown, PA, presents a rare opportunity for immediate business operation. Situated on a spacious 2.14-acre lot, this property offers significant expansion potential with no zoning restrictions. The building encompasses 1,754 square feet and features a well-appointed interior with seating for 60 guests inside and over 70 outside. An outdoor bar adds to the property's appeal, perfect for creating a vibrant atmosphere. Ample parking is available, ensuring convenient access for patrons. The strategic location on busy Route 507, near I-84 exit 20, guarantees high visibility and accessibility. The property is fully equipped with all necessary furniture and appliances, allowing for a seamless transition into ownership. The expansive outdoor space provides ample room for additional seating and potential future development. The high-traffic location also presents the possibility of installing a digital billboard, offering a lucrative additional revenue stream. Priced at $395,000, this is a remarkable opportunity to acquire a thriving commercial property with significant upside potential. Don't miss this chance to own a well-established restaurant in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.