550 Main St Nazareth, PA 18064
- Investment properties
- 4,204 SF
- 0.31 lot acres
Current Use by Public Records
- Pizza Joe's Italian Restaurant / Italian Restaurant / Pizza Restaurant
Property Details for 550 Main St
- Year built
- 1935
- Lot size
- 0.31 lot acres
- Property size
- 4,204 SF
- Zone code
- HC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- K7NE2A 5 1A 0421
- APU
- K7NE2A51A0421
Description
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.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nazareth
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3122
- Latitude
- 40.7336
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
