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Property profile & analytics
OFF-MARKET
Commercial real estate

984 Sherman Ct Hazleton, PA 18201

1,800 SF 1.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,800 square foot restaurant located at 984 N Sherman Ct, Hazleton, PA, presents a rare turnkey opportunity for a savvy investor. Situated on a generous 1.62-acre lot, this well-established business has thrived for 18 years, demonstrating resilience through economic fluctuations, including the recent pandemic. Its proven success is attributed to a popular menu and a loyal customer base, consistently attracting a significant number of diners weekly. The restaurant's operational model effectively balances in-person dining with a robust takeout service, mitigating reliance on any single revenue stream. The spacious interior comfortably seats approximately 50 patrons. The strong net operating income (NOI) underscores the profitability and stability of this established business. A significant advantage for qualified buyers is the owner's willingness to offer financing, making this an accessible and attractive investment prospect in the Hazleton area. The property's size and location offer potential for expansion or adaptation to meet evolving market demands. This is a unique chance to acquire a profitable, established restaurant with a proven track record and significant upside potential.

Property profile
Verified
Property type Commercial real estate
Total area 1,800 SF
Lot 1.62 ac (70,567 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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