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Property profile & analytics
OFF-MARKET
Turn key restaurants

3494 Berlin Plank Rd Berlin, PA 15530-7011

1.01 ac lot Built 1960
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-4132605
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coalfields Diner Restaurant
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
by Request
Owner & transaction history
Jeffrey F Miele · 2 yrs held
Jeffrey F Miele
since 2023
Last sale
$240,000
3 recorded transactions
2026
Price N/A
2023
$240,000
2016
$145,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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