117 Main St Hallstead, PA 18822
This exceptional turnkey opportunity presents a well-established restaurant and bar in Hallstead, PA, ideally situated on a 0.69-acre lot at 117 Main Street. The 5,000 square foot building, completely rebuilt in 1999, boasts a spacious dining area with a secondary smaller room, a comfortable bar with ample seating, and a fully equipped kitchen featuring a walk-in beer cooler, walk-in freezer, and walk-in refrigerator. The property includes a significant advantage with an existing liquor license, ensuring a seamless transition for the new owner. The current staff is eager to continue their employment, offering immediate operational continuity. An additional 2,000 square feet of unfinished space above the main level presents a substantial expansion opportunity, potentially for residential or commercial use. The building is equipped with 400-amp 3-phase electric and a whole-building backup generator, ensuring reliable operation. Heating is provided by propane and/or electric, supplemented by central air conditioning. Public water and sewer services are readily available. Ample parking is available on-site. The property benefits from its location on a high-traffic road, just one mile from a major I-81 exit in Northeast PA, providing excellent visibility and accessibility. Recreational opportunities abound with nearby public access to the Susquehanna River, including a boat ramp for fishing enthusiasts. The seller may offer financial assistance to qualified buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.