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Property profile & analytics
OFF-MARKET
Turn key restaurants
15 Ml St, Middletown, PA 17057-1716
Entity Owned
2-yr Hold
~
Est. High Equity
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dbghimire LLC · 2 yrs held
Dbghimire LLC
since 2023
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown submarket · NOI estimate · typical band, median & reading
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8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,857
Tax year 2023
Assessed value
$69,300
Assessed 2024
Previous assessed
$69,300
+0.0% YoY
Effective rate
4.12%
On assessed value
Assessed land
$17,400
Assessed improvement
$51,900
Land market value
$17,400
Improvement market value
$51,900
Total market value
$69,300
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
3,296 SF
Lot
0.1 ac (4,356 SF)
APN
41-009-036
UPID
US73-4919769
Jurisdiction
DAUPHIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Dbghimire LLC
Entity
Mailing address
3400 CITATION DR, HARRISBURG, PA 17112-4038
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
$375,000
Dbghimire LLC
M88 LLC
Deed
$210,000 · M88 LLC
Feb 18, 2022
$175,000
M88 LLC
Joseph S Dailey IV
Deed
$140,000 · The Bank Of Landisburg
Nov 19, 2009
$65,000
Joseph S Dailey IV
Susquehanna Bk
Grant Deed
—
May 11, 2007
$1,818
Susquehanna Bank Pa
High Sheriff Of Dauphin County
Trustees Deed
related
—
—
—
Wayne C Hoober
—
Deed Of Trust
related
$33,000 · Susquehanna Bank Pa
—
—
Hoober,wayne C
—
Deed Of Trust
related
$160,000 · Farmers First Bk
—
—
Hoober,wayne C
—
Deed Of Trust
related
$160,000 · Farmers First Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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