515 Main St - Restaurant FOR SALE


Bethlehem, PA 18018- Downtown Bethlehem
$799,000 USD
484-280-8704
515 Main St, Bethlehem, PA for Sale
$799,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

515 Main St
Bethlehem, PA 18018
Downtown Bethlehem


OVERVIEW

Turnkey opportunity to acquire an established restaurant and bar business in the heart of Historic Downtown Bethlehem. Offering more than 12,000 square feet of dining, bar, kitchen, office, and storage space, this operation is positioned in one of the Lehigh Valley’s most active dining and entertainment districts. The sale includes the business, Pennsylvania “R” Liquor License, and an extensive inventory of equipment, furnishings, and operating systems. The space features two bars with a good selection of beer taps, capacity of 324 patrons, numerous TVs with smart controls, a high-end audio system, computerized lighting, and an extensive security camera system with monitoring. A large, well-equipped commercial kitchen provides the infrastructure and flexibility to accommodate a variety of concepts and high-volume operations. The lower level offers substantial storage, a finished office, two employee restrooms, and additional space with potential for alternative uses. The restaurant also offers outdoor seating and a highly visible presence along Main Street, surrounded by the restaurants, shops, hotels, and attractions that make Historic Bethlehem a year-round destination. The location benefits from strong pedestrian activity as well as Musikfest, Community Events, and Bethlehem’s popular holiday season. An excellent opportunity for an experienced operator or restaurant group looking to establish or expand their presence in one of the region’s most recognizable hospitality markets. Business and “R” Liquor License only. Real estate is not included in the sale. Seller financing would be considered. The business remains open and fully operational during the sale process.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

Commercial Business

APN/PARCEL ID

P6NW2C-4-9-0204

ASK ABOUT THIS PROPERTY

Ryan RomeoMorganelli PropertiesMore Info
484-280-8704

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Ryan RomeoMorganelli PropertiesMore Info
484-280-8704

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