Property profile

5364 Nor Bath Blvd Northampton, PA 18067

OFF-MARKET
Investment properties
Property ID
US73-1912110
7,397 SF 0.45 ac lot Built 1933
Individually Owned 9-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving Italian restaurant and bar located at 5364 Nor Bath Blvd, Northampton, PA 18067. The property boasts a coveted Northampton County liquor license, allowing immediate operation of the established business. The restaurant itself comfortably seats 90 patrons, excluding the outdoor patio area. The interior features attractive ceramic tile and hardwood flooring throughout the bar and dining areas. The kitchen is fully updated and maintained to high standards. A significant advantage is the ample private parking lot, ensuring convenient access for customers. Adding to the investment potential, two income-producing apartments are situated on the second floor, accessed from the rear of the building. This prime location benefits from high traffic volume and significant projected growth, fueled by numerous planned residential and commercial developments in the immediate vicinity. The property's strong financial performance is available for review upon request to qualified buyers. This turnkey operation offers a rare opportunity to acquire a well-established and profitable business with significant upside potential. The square footage is currently under review.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1933
Total area 7,397 SF
Lot 0.45 ac (19,782 SF)
Zoning code ARR
APN L5NW3 3 7 0508
UPID US73-1912110

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
  • Bar & Pub

Location

5364 Nor Bath Blvd Northampton, PA 18067-9062
Northampton metro Census 16500 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2016
7 recorded transactions
2021
Price N/A
2018
Price N/A
2016
Price N/A
2014
$360,000
2005
$190,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ARR · Northampton, PA

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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