Advertise
    Jermyn, PA
    Restaurants

    Jermyn, PA Restaurants for Sale

    Notify Me
    List
    Map
    Mayfield, PA Archbald, PA Carbondale, PA Jessup, PA Blakely, PA Scott Twp, PA Jefferson Twp, PA Waymart, PA
    Profitable Restaurant with Apartments Above
    Updated: Jun 19, 2024
    Profitable Restaurant with Apartments Above

    650 Washington Avenue, Jermyn, PA 18433

    $538,900
    5,300 sqft 0.46 AC lot
    Fully functioning, immediately profitable, turnkey restaurant business with 50‑year history in the community.
    Recent building updates including new HVAC, roof, windows, and siding, ensuring low maintenance for the next 20 years.
    Includes adjacent parking lot with capacity for 35‑40 cars.
    Sale includes all restaurant equipment, utensils, coolers, freezers, and fountains.
    Three fully rented apartments above the restaurant provide additional income.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    650 Washington Avenue, Jermyn, PA 18433

    View Property Analytics

    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $35K
      Feb 2020

    • Last Sold

      Nov 2005
      $250K
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Jermyn, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Ice Cream Restaurant
    Turn-Key Ice Cream Restaurant

    1706 N Main Ave, Scranton, PA 18508

    $625,000
    578 sqft

    Established ice cream shop with paved parking, covered outdoor seating, and included equipment and inventory for an easy start.

    View details
    Restaurant, Bar, and Rental Income
    Restaurant, Bar, and Rental Income

    291 Main St, Archbald, PA 18403

    $599,000
    6,300 sqft

    Profitable restaurant, bar with real estate and rental income.

    View details
    Turn-Key Restaurant and Tavern
    Turn-Key Restaurant and Tavern

    474 N Main, Archbald, PA 18403

    $298,000
    4,400 sqft 0.48 AC lot

    For sale as a fully operational restaurant and tavern with a commercial kitchen and seating for up to 125.

    View details
    Scranton Commercial Property For Sale
    Scranton Commercial Property For Sale

    1554 Gardner Avenue L17, Scranton, PA 18509

    $179,000
    3,250 sqft

    Commercial property in Scranton, PA, suitable for diverse business ventures.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Olyphant, PA
    Commercial Land in Olyphant, PA

    Burke By-Pass, Olyphant, PA 18447

    $160,000
    2.95 AC lot

    2.95 acre commercial lot with development potential in Olyphant.

    View details
    Land Near Geisinger Medical College
    Land Near Geisinger Medical College

    814 N Washington Avenue, Scranton, PA 18509

    $69,000
    0.15 AC lot

    Development opportunity near Geisinger Medical College and Commonwealth Hospital.

    View details
    Commercial Lot in Moosic, PA
    Commercial Lot in Moosic, PA

    Parcel B Railroad Street, Moosic, PA 18507

    $150,000
    0.80 AC lot

    Prime commercial lot in the Greenwood section of Moosic.

    View details
    Prime Development Opportunity on Glenmaura
    Prime Development Opportunity on Glenmaura

    Lot 1 Glenmaura National Boulevard, Moosic, PA 18507

    Contact for pricing
    144,619 sqft 3.32 AC lot

    3.32 acres of developable land with high visibility.

    View details

    Jermyn, PA Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Jermyn, PA on our real estate platform. These investment opportunities span a total of 5,300 square feet of properties for sale, with an estimated market value of $538,900.

    Sale prices for restaurant properties in Jermyn, PA start at $538,900, averaging $538,900, and reaching up to $538,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Breakfast & diners 1

    Demographics Overview

    Population 7,174
    Population Growth (5Y) +8.3%
    Median Household Income $76,847
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Jermyn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18433 $549.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lackawanna County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lackawanna County

    Retail

    Residential Income

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Jermyn, PA

    Popular Searches in Jermyn, PA

    Popular Categories

    Most Searched ZIP Codes in Jermyn, PA

    • 18433

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!