1424 Lizard Creek RdLehighton, PA 18235

Property Details for 1424 Lizard Creek Rd

Lot size

1.20 AC

Property type

Bars

Property subtype

Pubs

APN

86-8-B3

APU

868B3

Description

This well-established country bar and restaurant in Lehighton, PA, presents a fantastic investment opportunity. Priced at $375,000, this turnkey operation includes all furniture, fixtures, equipment, and a full "R" liquor license. The 4,694 square foot building, constructed in 1877 and renovated in 2018, sits on a 1.2-acre lot (52,272 sq ft) and offers ample parking with 22 spaces, plus a detached three-car garage. Currently operating as a family restaurant (38 seats) and bar (32 seats), it's open Friday-Sunday, leaving significant potential for increased revenue. The kitchen underwent a complete renovation in 2018. The two-story building offers a possible apartment conversion on the second floor, subject to verification with East Penn Township. This is a rare opportunity to acquire a profitable, established business with substantial upside potential in a desirable location. The property is located at 1424 W Lizard Creek Rd, Lehighton, PA 18235.

• CAP approach

  CAP return

  Valuation

  6%

  $19,353,244

  6.5%

  $17,864,532

  7%

  $16,588,495

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,905,594

  Geo Method

  $17,211,246

• Alternative Use

  Use

  Valuation

  Residential

  $15,069,402

  Hospitality

  $13,803,491

  Educational

  $11,484,343

  Medical

  $11,879,307

  Retail

  $17,864,532

Location Insight

City

Lehighton

County

Carbon

State

Pennsylvania

Latitude

40.7742

Longitude

-75.7361

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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