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Property profile & analytics

373 Hoffmansville Rd Barto, PA 19504-9360

  • Turn key restaurants
  • 6,795 SF
  • 0.31 lot acres
OFF-MARKET
Last Sale
Oct 10, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-0053985
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Union Jack's Olde Congo Hotel / Bar / Restaurant

Property Details for 373 Hoffmansville Rd

Year built
1800
Lot size
0.31 lot acres
Property size
6,795 SF
Zone code
CC
Property type
Turn key restaurants
APN
32-00-02948-00-8
APU
320002948008

Description

This exceptional mixed-use property at 373 Hoffmansville Road, Barto, PA, presents a unique investment opportunity. Priced at $549,000, this established restaurant is a favorite local eatery, complete with all fixtures, furniture, and equipment (FF&E). The sale includes two parcels totaling 0.31 acres: one housing the restaurant building itself, and the other providing ample parking. The building's design cleverly incorporates a separate upstairs apartment with its own private entrance, offering additional income potential or owner-occupied living space. There's also convenient kitchen access from the apartment. The restaurant's proven success and strong local following make this a compelling proposition for a buyer seeking an immediate return on investment. The current owners are ready to retire, presenting a rare chance to acquire a well-established business. An existing liquor license is also available for separate purchase, providing further potential for revenue generation. This turnkey operation offers a seamless transition for a new owner, minimizing start-up costs and maximizing immediate profitability. The combination of a thriving restaurant and a separate apartment unit makes this property a truly versatile and attractive investment in the vibrant Barto community. The ample parking lot ensures convenient access for patrons and residents alike. This is a remarkable opportunity to own a successful business and a residential unit in one convenient location.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Barto
County
Montgomery
State
Pennsylvania
Longitude
-75.5842
Latitude
40.3509
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,971
$35,967
$140,543
$176,510
-
$35,967
$140,543
$176,510
More about this property
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