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    Property profile & analytics

    83 N Market St Millerstown, PA 17062

    • Turn key restaurants
    • 0.32 lot acres
    For Sale
    View listing
    $399,900
    Value Estimation
    Location Intelligence
    Property ID
    US73-1917125
    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

    • Turn key restaurants

    Property Details for 83 N Market St

    Lot size
    0.32 lot acres
    Zone code
    RES
    Property type
    Turn key restaurants
    APN
    170,020.01-014.000
    APU
    17002001014000

    Description

    This exceptional turnkey opportunity presents a rare chance to acquire a thriving full-service restaurant and bar situated at 83 N Market Street in Millerstown, Pennsylvania. The property boasts a highly visible location, ensuring consistent customer traffic. The building encompasses 2,000 square feet and sits on a 0.32-acre lot, providing ample space for both indoor and potential outdoor seating or expansion. The sale price of $399,900 includes all fixtures, furniture, and equipment (FF&E), a significant advantage for a seamless transition. Perhaps most importantly, the sale also includes the existing liquor license, eliminating a major hurdle and saving considerable time and expense for the new owner. This established business is ready for immediate operation, representing a truly turnkey investment with significant potential for continued success. The property's prime location in Millerstown offers easy access to local residents and tourists alike, contributing to its strong performance history. This is a unique opportunity to step into a profitable, established business with minimal upfront effort. The existing infrastructure and operational setup are in place, allowing for immediate revenue generation. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $315,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $305,000
      Mixed-Use
      $340,000
      Hospitality
      $265,000
      Educational
      $335,000
      Residential Income
      $255,000
      Energy
      $300,000
      Income-Based Land
      $300,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Millerstown
    County
    Perry
    State
    Pennsylvania
    Longitude
    -77.1593
    Latitude
    40.5548
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA 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
    2024
    $2,729
    $19,200
    $103,700
    $122,900
    -
    $19,200
    $103,700
    $122,900

    Comparable in this City

    • Value Estimation
      $190,000
      0.34 Acres

      310 Juniata Pkwy

      RESTAURANT • 0.34 Acres
      310 Juniata Pkwy, Millerstown, PA 17062-9208
      View Details
    • Value Estimation
      $155,000
      0.22 Acres

      39 Market St

      RESTAURANT • 0.22 Acres
      39 Market St, Millerstown, PA 17062-9572
      View Details
    • Value Estimation
      $315,000
      3.00 Acres

      861 Raccoon Vly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3.00 Acres
      861 Raccoon Vly Rd, Millerstown, PA 17062-8902
      View Details
    • Value Estimation
      $270,000
      0.60 Acres

      308 Juniata Pkwy

      SERVICE STATION (FULL SERVICE) • 0.60 Acres
      308 Juniata Pkwy, Millerstown, PA 17062-9208
      View Details
    • Value Estimation
      $185,000
      0.47 Acres

      22 Market St

      VEHICLE SALES, RENTALS • 0.47 Acres
      22 Market St, Millerstown, PA 17062-9573
      View Details
    • Value Estimation
      $280,000
      1.74 Acres

      90 Market St

      AUTO REPAIR, GARAGE • 1.74 Acres
      90 Market St, Millerstown, PA 17062
      View Details

    Similar Nearby for Sale

    • $399,900
      0.32 Acres

      Turnkey Restaurant and Bar Opportunity

      Established full-service restaurant/bar with high visibility, includes all FF&E and liquor license.
      83 N Market St, Millerstown, PA 17062
      View Details
    • $399,900
      0.32 Acres

      Millerstown Retail Property: Prime Location

      Established Restaurant/Bar, Turnkey Opportunity
      83 Market St, Millerstown, PA 17062
      View Details
    • $399,900
      2,000 SF

      Prime Millerstown Retail Space

      Established Restaurant/Bar - Turnkey Opportunity
      83 Market St, Millerstown, PA 17062
      View Details
    • $250,000
      11.30 Acres

      11.3 Acres in Millerstown, PA

      11.3-acre parcel perfect for building your dream home.
      Wildcat Trl, Eshcol, PA 17062
      View Details
    • $204,900
      2,892 SF

      Spacious Duplex on Corner Lot

      Six-bedroom duplex with detached garage and rental income potential.
      35 N Market St, Millerstown, PA 17062
      View Details
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    83 N Market St
    Millerstown, PA 17062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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