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

Features
Heating System:
Baseboard, Electric, Natural Gas
Cooling System:
Central Air
Basement:
Full, Walk-Out Access, Storage Space
Fenced Yard:
None
Parking:
Paved, Parking Lot
Exterior Features:
Rain Gutters
Flooring:
Combination
Sewer:
Public Sewer
Address Map
Country:
US
State:
PA
County:
Lackawanna
City:
Jermyn
Zipcode:
18433
Street:
Washington
Street Number:
650
Street Suffix:
Avenue
Directions:
Coming off exit 5 turn left onto Rushbrook St then turn left onto Washington Ave at the light, the property will be on your left
Zoning:
C2
Neighborhood
High School District:
Lakeland
Additional Details
Office Name:
Cobblestone Real Estate LLC
Agent Name:
Michael James Clark III
School District:
Lakeland
Floors:
Combination
Outside Features:
Rain Gutters
Land Value:
$0
Total Assessment:
$0
PreviousListPrice:
$0
OriginalListPrice:
$0
Additional Information
Building Size:
5300
Business Type:
Rental,Restaurant
Construction Materials:
Shake Siding, Vinyl Siding
Electric:
200+ Amp Service
Foundation Details:
Combination
Levels:
Two
Lot Features:
Corner Lot, Paved, City Lot, Rectangular Lot
Lot Size Dimensions:
27X170
Number Of Units Total:
4
Possible Use:
Investment
Previous Price:
585000
Stories:
2
Water Source:
Public
Financial
Tax Annual Amount:
5256.72
Listing Information
Co List Agent Full Name:
NOAH A DONCSES
Co List Agent Mls Id:
nd5417
Co List Office Mls Id:
Cobble CS
Co List Office Name:
Cobblestone Real Estate LLC
List Agent Mls Id:
mjc0251
List Office Mls Id:
cobble
Listing Term:
1031 Exchange,Conventional
Mls Status:
Active
Modification Timestamp:
2026-01-03T19:53:26Z
Originating System Name:
GSBR
Special Listing Conditions:
Standard
Status Change Timestamp:
2026-01-03T06:00:00Z

Commercial Sale For Sale 650 Washington Avenue, Jermyn, Pennsylvania 18433

650 Washington Avenue, Jermyn, Pennsylvania 18433

5,300 Sqft
$549,900
Listing ID #SC2963
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
SC2963
Ref ID :
GSB20240602204023901326000000
Price :
$549,900
Living Area :
5,300 Sqft
Year Built :
1930
Lot Area :
0.46 Acre
Status :
Active
Property Sub Type :
Business
Roof:
Shingle, Composition
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