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15 Ml St Middletown, PA 17057-1716

OFF-MARKET Turn key restaurants Google Maps
3,296 SF 0.1 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$490k
Range $441k – $539k (±10%)
Property ID US73-4919769

Property summary

AI-generated overview

This fully renovated 3,296 square foot restaurant and bar in Middletown, PA, is a fantastic opportunity for an entrepreneur or investor. Located on 0.1 acres at 15 Mill St (APN 41-009-036), this property boasts a fully equipped kitchen, a spacious outdoor covered patio with seating for over 60, and a Dauphin County "R" Liquor License. The building, constructed in 1900, features a 200-amp electrical capacity, a basement, and public water and sewer. Interior finishes include a drop ceiling, drywall walls, and mixed flooring. The roof is asphalt and rubber. The property is zoned Commercial Industrial and offers ample on and off-street parking. Its prime location provides a small-town feel while being minutes from Downtown Harrisburg, Penn State Harrisburg, and Harrisburg International Airport. The asking price is $570,000. This turnkey operation is ready for immediate occupancy and presents a unique opportunity to own a thriving business in a desirable location. Two restrooms are included. Natural gas is available.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 3,296 SF
Lot 0.1 ac (4,356 SF)
APN 41-009-036
UPID US73-4919769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2023
Last sale
$375,000
7 recorded transactions
2023
$375,000
2022
$175,000
2009
$65,000
2007
$1,818
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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