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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
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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