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204 W Madison St 7,080 SF 100% Leased Retail Building Easton, PA 18042 $1,100,000 ($155.37/SF)
Investment Highlights
- Mixed-use property with a restaurant and two rental apartments.
- Two 3-bedroom apartments provide steady rental income of over $42,000 per year.
- Located near downtown Easton, retail, dining, and major roads.
- Restaurant shows strong growth with dine-in, takeout, and delivery services.
- Includes 22 parking spaces and great street visibility.
- Turnkey opportunity for investors or owner-operators.
Executive Summary
Turnkey Restaurant + Mixed-Use Investment Opportunity. Acquire the real estate, Mi Casa Restaurante, all restaurant equipment, inventory, and two income-producing 3-bedroom apartments in one sale. Ownership reports that restaurant revenue increased approximately 62% from 2024 to 2025, showing demand across dine-in, takeout, and delivery channels. The two apartments each generate over $1,750/month, producing more than $42,000/year in residential rental income before restaurant operations. This property offers several value drivers: rental income, operating restaurant business, equipment, inventory, parking, real estate ownership, and upside through catering, delivery expansion, extended hours, events, and local marketing. Ideal for an owner-operator, restaurant group, or investor seeking a mixed-use asset with existing income and business growth potential. Detailed restaurant financials available to qualified buyers upon request.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,080 SF
Building Class
C
Year Built
1941
Price
$1,100,000
Price Per SF
$155.37
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.54
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
RMD - provides for a mix of residential housing types such as single-family attached/detached units, two-family units, and low-rise apartments
Parking
22 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | L9SE3A-10-21-0310 | Improvements Assessment | $78,400 |
| Land Assessment | $28,600 | Total Assessment | $107,000 |
Property Taxes
Parcel Number
L9SE3A-10-21-0310
Land Assessment
$28,600
Improvements Assessment
$78,400
Total Assessment
$107,000
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