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Property profile & analytics
OFF-MARKET
Investment properties

550 Main St Nazareth, PA 18064-2729

4,204 SF 0.31 ac lot Built 1935
Individually Owned 25-yr Hold
Property ID
US73-0387509
Property summary
AI-generated overview

This exceptional investment opportunity presents a landmark restaurant and apartment building located at 550 S Main St, Nazareth, Pennsylvania. The property, built in 1935, boasts a prime location in the thriving borough of Nazareth, offering a blend of commercial and residential income streams. The restaurant, a highly successful establishment with over 32 years of operation, features state-of-the-art equipment and comfortably seats 70+ patrons. The building's permitted zoning is HC, allowing for continued operation of the restaurant and residential units. The 0.31-acre lot includes a private parking lot providing ample parking, with a ratio of 7.14 spaces per 1,000 square feet. The two-story building is in excellent condition and includes three apartments above the restaurant, generating additional rental income. Financial details are available to qualified applicants. The property's APN is K7NE2A-5-1A-0421. This turnkey operation offers a unique chance to acquire a well-established business with significant upside potential, combined with the added benefit of residential rental income. The property is zoned for commercial use and is situated on a sizable lot, providing ample space for both the restaurant and parking. Serious inquiries only.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1935
Total area 4,204 SF
Lot 0.31 ac (13,482 SF)
Zoning code HC
APN K7NE2A 5 1A 0421
UPID US73-0387509
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
  • Pizza Joe's Italian Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gennaro Bubba · 25 yrs held
Gennaro Bubba
since 2001
1 recorded transaction
2001
$150,000
Zoning & alternative use
HC · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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