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SALE RESTAURANT BANQUET EVENT FACILITY 2912 Old Nazareth Rd 8,589 SF Retail Building Easton, PA 18045 $1,900,000 ($221.21/SF)

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EXECUTIVE SUMMARY

This is an incredible opportunity to purchase a turn key landmark Restaurant , bar , banquet facility. This facility was originally built in 1760 and has over the years been upgraded and updated many times with out losing its rich history and charm It has a history of quality food and the building has a classic look that can not be replicated. The stone work is beautiful and adds a charming touch that carries through out the whole facility. The bar restaurant area seats 70 people and the banquet party / facility an additional 110 seats. It has a large well maintained kitchen that can service the 180 seat capacity and ample private parking. Located on an extremely busy intersection that has fantastic access to all major highways and thruway in the area such as 22, 78 , 33, 611 , 248 etc. Located in the heart of the thriving Lehigh Valley and a stones throw from bustling downtown EASTON this is one location that lacks nothing. The Lehigh Valley is top 5 in economic growth in the nation currently and a facility like this is highly in demand. Owned and operated by same family since 1981. Owners will consider a lease to qualified applicants. There is also an additional 14 rooms that in which 4 are AIR B&B and the other 10 are for weekly rentals that are all income producing.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
8,589 SF
Building Class
C
Year Built
1900
Price
$1,900,000
Price Per SF
$221.21
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.76 AC
Zoning
24MDR

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 8,589 SF
  • Restaurant
  • Outparcel
  • 90 Days

This is a landmark turnkey restaurant / banquet , bar facility with a rich history and fantastic location. Rental rooms can be part of the lease of facility if desired for an additional fee. Owners will consider selling

Space Size Space Use Position Available
1st Floor 8,589 SF Restaurant Outparcel 90 Days

1st Floor

Size
8,589 SF
Space Use
Restaurant
Position
Outparcel
Available
90 Days

1st Floor

Size 8,589 SF
Space Use Restaurant
Position Outparcel
Available 90 Days

This is a landmark turnkey restaurant / banquet , bar facility with a rich history and fantastic location. Rental rooms can be part of the lease of facility if desired for an additional fee. Owners will consider selling

NEARBY MAJOR RETAILERS

Carrabba’s Italian Grill
TD Bank
Grocery Outlet
Fulton Bank
Jenny Craig
Olive Garden
Rent-A-Center
Bank of America
La Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
L8NE3-10-2-0324
Land Assessment
$73,300
Improvements Assessment
$101,700
Total Assessment
$175,000
  • Listing ID: 24035054

  • Date on Market: 9/3/2021

  • Last Updated:

  • Address: 2912 Old Nazareth Rd, Easton, PA 18045

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