1824-1826 Hanover Ave - Restaurant FOR SALE


Allentown, PA 18109
$2,800,000 USD
610-657-9515
1824-1826 Hanover Ave, Allentown, PA for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/73
null | Request Cap Rate

1824-1826 Hanover Ave
Allentown, PA 18109


OVERVIEW

1824 Hanover Ave, Allentown PA • LONG STANDING LANDMARK RESTAURANT / BAR = 56 YEARS IN BUSINESS -LIQUOR LICENSE INCLUDED IN SALE • SEATS 240 • UPPER LEVEL 50 LOWER LEVEL - 3 INCOME PRODUCING APARTMENTS & 4 GARAGES ON SITE • 2 ADDITIONAL PARCELS INCLUDED IN SALE ALL 3 TOTAL 1 +/- ACRES • 1902 HANOVER AVE IS A 2 UNIT RESIDENTIAL BUILDING THAT IS UTILIZED AS ADDITIONAL PARKING FOR RESTAURANT / BAR • 1810 HANOVER AVE IS A PARKING LOT UTILIZED FOR OVERFLOW PARKING • TURN KEY CASH PRODUCING PROPERTY WITH ROOM TO EXPAND INCOME • A CHANCE TO PURCHASE AN EXISTING THRIVING LANDMARK BUSINESS & PROPERTY

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$382 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

LANDMARK RESTAURANT/BAR/APTS 3 PARCELS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B-1/

APN/PARCEL ID

641737150863-1

ASK ABOUT THIS PROPERTY

Joseph ParaneeParanee Property ManagementMore Info
610-657-9515

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Joseph ParaneeParanee Property ManagementMore Info
610-657-9515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.