115 Hudson Rd Plains, PA 18705-2124
- Turn key restaurants
- 0.92 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 115 Hudson Rd
- Lot size
- 0.92 lot acres
- Property type
- Turn key restaurants
- APN
- 50-G10NE3-010-007
- APU
- 50G10NE3010007
Description
This exceptional turnkey investment opportunity presents a well-established bar and restaurant located at 115 Hudson Rd, Plains, PA 18705. The property, boasting 3,745 square feet across two stories, sits on a 0.92-acre lot and is zoned for commercial use. Built in 1970, the building features a fully equipped kitchen and bar, ready for immediate operation. The sale includes a valuable existing liquor license, eliminating a significant hurdle for new owners. Ample parking is available, accommodating over 30 vehicles. This single-unit property offers a unique chance to acquire a profitable, established business with significant potential. The asking price is $495,000, translating to $132.18 per square foot. This owner/user investment opportunity is perfect for an experienced restaurateur looking to step into a ready-made operation or a savvy investor seeking a strong return. The property's prime location in Luzerne County, Pennsylvania, ensures high visibility and accessibility. Don't miss this chance to own a thriving business in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $290,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $330,000
- Mixed-Use
- $290,000
- Hospitality
- $270,000
- Educational
- $290,000
- Residential Income
- $305,000
- Energy
- $310,000
- Income-Based Land
- $355,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Plains
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.8403
- Latitude
- 41.2758
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA