Properties


Property Description

ATTENTION ENTREPRENURS, INVESTORS and DREAMERS! Fantastic opportunity to step into a fully functioning and IMMEDIATELY PROFITABLE restaurant business in a hometown setting. Opportunities for a successful, turnkey business in excellent condition don’t come around too often. For the past 50 years this diner has been a staple in the community and for the last 20 years, the same owner has cared for, maintained and run this thriving restaurant business. All building maintenance is up-to-date, including new forced hot air, heat, and air conditioning system, new roof, windows, siding, Restaurant, equipment, etc., within the past few years and can confidently go into the next 20 maintenance free. This building has the capacity to seat nearly 100 customers. Sale includes parking lot adjacent to building approximately 35 to 40 cars. All restaurant, equipment, utensils, coolers, freezers, fountains, etc. transfer to new owner. Bonus #1 current owner willing to stay on in any capacity buyer desires to help buyer transition smoothly. This could be as an employee or consultant. Bonus#2 three fully rented apartments above the restaurant with long-term tenants and below market rents. (2) one bedroom one bathroom and (1) two bedroom one bathroom

Address Map
Country:
US
State:
PA
County:
Lackawanna
City:
Jermyn
Zipcode:
18433
Neighborhood:
Lakeland
Street:
Washington
Street Number:
650
Street Suffix:
Avenue
Additional Details
Acres +/-:
0.46
Stories:
2
Est Total Taxes:
$5,257
School District:
Lakeland
ListingOfficeName:
Cobblestone Real Estate LLC
Land Value:
$0
Lot/Land Dimension:
27X170
Total Assessment:
$23,500
Zoning:
C2
Region:
Jermyn
BasementYN:
No
CoListOfficeKey:
GSB20230828202111879789000000
GSB_ListPricePerSqFt:
141.32
CumulativeDaysOnMarket:
20
DaysOnMarket:
20
StatusChangeTimestamp:
07/06/2024 05:00:00
MlsStatus:
Active
BuyerAgencyCompensation:
2.50
BuyerAgencyCompensationType:
%
SubAgencyCompensation:
0.00
SubAgencyCompensationType:
%
TransactionBrokerCompensation:
0.00
TransactionBrokerCompensationType:
%
DualVariableCompensationYN:
No
PreviousListPrice:
$0
OriginalListPrice:
$749,000
CoListAgentKey:
GSB20230828202436702680000000
ParcelNumber:
0731204006800
Directions:
Coming off exit 5 turn left onto Rushbrook St then
OwnerName:
TIMOOTZOO REALTY LLC
ModificationTimestamp:
18/06/2024 13:46:26
OriginalEntryTimestamp:
07/06/2024 13:48:19
OriginatingSystemModificationTimestamp:
18/06/2024 13:45:01
OriginatingSystemName:
scranton
LandLeaseYN:
No

Commercial Sale For Sale 650 Washington Avenue, Jermyn, Pennsylvania 1

650 Washington Avenue, Jermyn, Pennsylvania 18433

5,300 Sqft
$749,000
Listing ID #GSBSC2963
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
GSBSC2963
Ref ID :
GSB20240602204023901326000000
Price :
$749,000
Living Area :
5,300 Sqft
Year Built :
1930
Status :
Active
PropertySubType:
Mixed Use
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