Technical
Financial
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Property profile

3494 Berlin Plank Rd Berlin, PA 15530

OFF-MARKET
Turn key restaurants
Property ID
US73-4132605
1.01 ac lot Built 1960
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents the chance to acquire the well-established Coalfield's Diner, a 3,477 square foot restaurant located at 3494 Berlin Plank Road in Berlin, Pennsylvania, zip code 15530. This thriving, full-service diner has been a local favorite for over 20 years, serving breakfast, lunch, and dinner. The property enjoys a prime location, conveniently situated as the first restaurant encountered entering Berlin from I-76 and Somerset. Its strategic placement next to a Dollar General and Whitehouse Brewery ensures high visibility and foot traffic. The diner benefits from limited competition, being the only establishment in town offering food service from dusk till dawn. This net lease property offers a secure investment with 100% occupancy and an asking price of $900,000. The property is a single-tenant retail space, categorized as a restaurant and QSR/Fast Food establishment. Its location offers easy access to Berlin's main street, making it a popular dining destination. This is a rare opportunity to own a profitable, long-standing business in a desirable location. The property's latitude and longitude coordinates are 39.9262836 and -78.9641901 respectively.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Lot 1.01 ac (43,865 SF)
APN S08-009-006-000
UPID US73-4132605

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

3494 Berlin Plank Rd Berlin, PA 15530-7011
Berlin metro Census 21400 SOMERSET, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$240,000
3 recorded transactions
2026
Price N/A
2023
$240,000
2016
$145,000

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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