215 Drinker StDunmore, PA 18512

Property Details for 215 Drinker St

Lot size

0.09 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

14635010030

APU

14635010030

Description

This exceptional opportunity presents a well-established, family-owned restaurant and bar located at 215 E Drinker St, Dunmore, PA 18512. The property boasts a prime location in a high-traffic area, ensuring excellent visibility and customer flow. Spanning 2,158 square feet across a two-story building constructed in 1900, this retail space offers ample room for both dine-in and takeout operations. The property sits on a 0.09-acre lot and is zoned for commercial use. The business itself has a long and successful history, specializing in pizza, sandwiches, and dinner entrees, and importantly, includes a valuable liquor license. This turnkey operation is priced at $350,000, translating to $162.19 per square foot. The building consists of one structure and is ready for a new owner to continue its legacy of success. This is a rare opportunity to acquire a profitable, established business with a proven track record in a desirable location. The high volume of foot traffic and excellent exposure make this a truly compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $990,184

  6.5%

  $914,016

  7%

  $848,729

• Comparable approach

  Method

  Valuation

  Relative Method

  $524,312

  Geo Method

  $520,811

• Alternative Use

  Use

  Valuation

  Residential

  $1,133,380

  Hospitality

  $1,038,170

  Educational

  $863,745

  Medical

  $893,451

  Retail

  $1,343,604

Location Insight

City

Dunmore

County

Lackawanna

State

Pennsylvania

Latitude

41.4219

Longitude

-75.6293

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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