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Property profile & analytics
OFF-MARKET
Turn key restaurants

300 2nd St Highspire, PA 17034-1555

7,180 SF 0.51 ac lot Built 1944
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US73-0373624
Property summary
AI-generated overview

This thriving 8,700 square foot mixed-use property, located at 300 2nd Street in Highspire, Pennsylvania (Dauphin County, zip code 17034), presents a unique investment opportunity. Currently operating as Champions Sports Bar, this established business includes a valuable Dauphin County liquor license, allowing for immediate operation. The property features a spacious layout encompassing a fully equipped kitchen, a large banquet/party room perfect for private events, and a stage and dance floor for entertainment. The building also boasts a sizable outdoor patio and entertainment area, ideal for warmer months. A prominent illuminated sign ensures high visibility from the heavily trafficked 2nd Street. Ample parking is available for patrons. The property sits on a corner lot at the intersection of 2nd and Lumber Streets. The commercial zoning allows for continued operation as a restaurant and bar, or potential for other permitted uses. The asking price is $1,390,000. The property's APN is 30-012-013 & 30-012-015. This turnkey operation offers a chance to acquire a successful, well-established business in a desirable Central Pennsylvania location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1944
Construction FRAME
Total area 7,180 SF
Lot 0.51 ac (22,216 SF)
APN 30-012-013
UPID US73-0373624
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
Current use
Occupant on record · Public records
  • Champions Sports Bar Bar & Pub
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Dennis J Schmidt · 21 yrs held
Dennis J Schmidt
since 2005
3 recorded transactions
2005
$300,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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