702 3Rd St, Harrisburg, PA 17102
This exceptional Harrisburg, PA business opportunity encompasses a thriving restaurant and bar, ideally situated at 702-704 N. 3rd Street. The property boasts 5,220 square feet across two floors, including a dedicated dance floor, and sits on a 0.05-acre lot. A recent, extensive renovation in 2014, exceeding $1 million in investment, showcases upscale furnishings and tasteful décor. The sale includes the real estate, a liquor license, all existing equipment, furnishings, and the established business itself. The property features three bars – a main bar on the first floor, two additional bars on the second floor and rooftop deck – offering stunning views of the Pennsylvania State Capitol and State Museum. A newly installed kitchen is ready for immediate food service. Currently operating from 4 PM to 2 AM, this turnkey operation presents significant growth potential. The property is zoned for commercial neighborhood use and has a NNN lease type. Annual property taxes are $7,940. The strategic location in Harrisburg's vibrant downtown, surrounded by other businesses, restaurants, government buildings, and ample parking, makes this a truly remarkable investment. The owner is relocating, presenting a unique opportunity for immediate ownership and operation or a potential lease-to-operate arrangement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.