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Property profile & analytics
OFF-MARKET
Commercial real estate

1311 Rt 507 Greentown, PA 18426

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

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.

Property profile
Verified
Property type Commercial real estate
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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