For Sale
$2,150,000

550 Main StNazareth, PA 18064

Turnkey Restaurant with Residential Income

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Landmark restaurant & apartment building in Nazareth, PA, at 550 S Main St.
  • Highly successful restaurant (32+ years), seating 70+, with state-of-the-art equipment.
  • Three apartments above the restaurant generate additional rental income.
  • 0.31-acre lot with ample parking (7.14 spaces per 1,000 sq ft).
  • HC zoning permits continued restaurant and residential use.
  • Turnkey operation with significant upside potential.

Property Details for 550 Main St

Property type
Retail properties, Restaurants
Year Built
1935
Stories
2
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Nazareth
County
Northampton
State
Pennsylvania
Latitude
40.7336812
Longitude
-75.3122347
550 Main St, Nazareth, Pennsylvania

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550 Main St
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