5005 Kutztown Rd - Storefront Retail/Residential FOR SALE


Temple, PA 19560
$1,050,000 USD
610-587-3419
5005 Kutztown Rd, Temple, PA for Sale
$1,050,000 USD
Storefront Retail/Residential - FOR SALE
1/27
null | Request Cap Rate

5005 Kutztown Rd
Temple, PA 19560


OVERVIEW

Here is a fully equipped restaurant and bar with twelve room rentals that stay consistently occupied at a very high percentage, with usually always a waiting list. Additionally, there is a beauty Salon leasing approximately 854 SF first floor space at $1,200.00 per month. The first floor of this property has a fully operational kitchen and restaurant with a Hotel Liquor License included. The present operating business is not for sale, but one can take advantage of this turn key facility with 40 plus parking spaces, and residual, non restaurant/bar income approaching $100,000.00 per year. Not many opportunities like this come along in a tight real estate market like the one we have right now! Seating for 140 patrons inside and an additional 80 in the outside dining area make for plenty of service area to accommodate a very robust customer demand. With a 20,473 square foot lot located at a lighted intersection of Kutztown Road and Mt. Laurel Rd, this newly painted Muhlenberg fixture offers location, access, visibility and versatility.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

La Cocina Mexicana Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1853

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

Comm

APN/PARCEL ID

66-5309-08-97-4937

ASK ABOUT THIS PROPERTY

Robert KearneyRE/MAX of ReadingMore Info
610-587-3419

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Robert KearneyRE/MAX of ReadingMore Info
610-587-3419

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