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150 Erie St Dauphin, PA 17018

Turn key restaurants Google Maps
3,728 SF 0.17 ac lot Built 1925
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US73-1175719

Property summary

AI-generated overview

This exceptional 3,728-square-foot restaurant, the Stoney Creek Inn, presents a unique investment opportunity. Situated on a 0.38-acre lot in Dauphin, Pennsylvania (17018), this single-tenant property boasts a prime location minutes from Linglestown Road, Harrisburg, I-81, and Route 22/322. Built in 1925 and fully renovated in 2019, the inn features a spacious interior seating 150 patrons, complemented by a state-of-the-art deck with seating for an additional 75 guests. The deck offers breathtaking views of Stoney Creek, creating a truly unique dining experience. The property includes 50 parking spaces and is zoned for commercial use (APN: 23-005-028). The sale includes the real estate, all furniture, fixtures, and equipment (FF&E), and a valuable Dauphin County "R" Liquor License. This turnkey operation is characterized by its high sales volume and stunning location, making it an attractive proposition for discerning buyers. The one-story building offers ample space for both dining and bar service, ensuring a comfortable and enjoyable experience for all patrons. This is a rare opportunity to acquire a well-established, high-performing restaurant with significant growth potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Construction FRAME
Total area 3,728 SF
Lot 0.17 ac (7,405 SF)
APN 23-005-028
UPID US73-1175719

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
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

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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