Property profile

2165 State St Alburtis, PA 18011

OFF-MARKET
Turn key restaurants
Property ID
US73-2970593
6,288 SF 1.16 ac lot Built 1783
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,288 square foot property, located at 2165 State Street in Alburtis, Pennsylvania, presents a unique opportunity for a discerning restaurateur or innkeeper. Previously operating as the highly regarded Inn at Maple Grove, this building is now available for purchase at $595,000. Situated on a 1.16-acre lot, the property features stunning stone walls throughout the interior, adding to its undeniable charm and character. The dining area boasts attractive wood beam ceilings, creating a warm and inviting atmosphere. The sale includes existing kitchen equipment, such as refrigerators and an ice maker, providing a significant head start for any new business. The property's prime location offers easy access to nearby towns including Alburtis, Macungie, and Breinigsville. Furthermore, its proximity to the popular Bear Creek Mountain Resort, just 1.5 miles away, presents a significant advantage for attracting tourists and local clientele. The property offers considerable flexibility

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1783
Construction FRAME
Total area 6,288 SF
Lot 1.16 ac (50,530 SF)
APN 5492-01-29-6249
UPID US73-2970593

Cap rate & NOI

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

Location

2165 State St Alburtis, PA 18011-2605
Alburtis metro Census 14202 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2015
5 recorded transactions
2019
Price N/A
2015
Price N/A
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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