33 2Nd StCoplay, PA 18037

Property Details for 33 2Nd St

Year built

1935

Construction

FRAME

Lot size

0.17 AC

Property size (Sq ft)

5,236 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Bars

APN

549946734490-1

APU

5499467344901

Description

This exceptional turnkey business opportunity presents a well-established tavern for sale in the heart of Coplay, Pennsylvania. Located at 33 2nd Street, this landmark establishment boasts a substantial 5,000 square foot free-standing building situated on a 0.16-acre lot. The sale includes the real estate, all bar equipment, and a valuable liquor license, making this a truly unique and comprehensive package. The property offers some off-street parking for patrons and staff. Priced at $589,000, this represents a significant opportunity for an investor seeking a profitable, established business with immediate revenue potential. The property's prime location in Coplay, Lehigh County, PA (zip code 18037) ensures high visibility and accessibility. This is a rare chance to acquire a thriving business with a rich history and strong potential for continued growth. The substantial square footage provides ample space for operations and potential expansion. Don't miss this chance to own a piece of Coplay's history and a thriving business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,912,034

  6.5%

  $1,764,955

  7%

  $1,638,886

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,735,610

  Geo Method

  $1,724,022

• Alternative Use

  Use

  Valuation

  Residential

  $1,488,805

  Hospitality

  $1,363,738

  Educational

  $1,134,614

  Medical

  $1,173,635

  Retail

  $1,764,955

Location Insight

City

Coplay

County

Lehigh

State

Pennsylvania

Latitude

40.6738

Longitude

-75.492

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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