4203 Durham RdOttsville, PA 18942

Property Details for 4203 Durham Rd

Year built

1968

Lot size

1.21 AC

Property size (Sq ft)

1,818 SF

Zone code

VC

Property type

Turn key restaurants

APN

30-011-074-004

APU

30011074004

Description

This exceptional turnkey restaurant opportunity in Ottsville, Pennsylvania, presents a unique chance to acquire a thriving business and its accompanying real estate. Located at 4203 Durham Road, this 1,818 square foot building sits on a 1.2-acre lot and boasts a spacious layout perfect for both indoor and outdoor dining. Built in 1975 and renovated in 2009, the property features a full kitchen, a bar area prepped for a glycol system, two accessible bathrooms, and a walk-in refrigerator and freezer. The ample outdoor gravel eating area complements the interior table and bar seating. The property includes a paved parking lot with capacity for 50 vehicles and benefits from 3-phase power. Zoned Village Commercial, this location offers significant expansion potential. Its proximity to the popular Lake Nockamixon tourist attraction ensures a steady stream of potential customers. The sale includes both the real estate and the established business

• CAP approach

  CAP return

  Valuation

  6%

  $663,880

  6.5%

  $612,813

  7%

  $569,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $602,624

  Geo Method

  $598,600

• Alternative Use

  Use

  Valuation

  Residential

  $516,930

  Hospitality

  $473,506

  Educational

  $393,951

  Medical

  $407,500

  Retail

  $612,813

Location Insight

City

Ottsville

County

Bucks

State

Pennsylvania

Latitude

40.5042

Longitude

-75.1854

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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