Current Use by Public Records
- Commercial real estate
Property Details for 1311 Rt 507
- Year built
- 1972
- Lot size
- 2.14 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greentown
- County
- Pike
- State
- Pennsylvania
- Longitude
- -75.3023
- Latitude
- 41.3538
