Log In/Sign Up
Your email has been sent.
5881 Sullivan Trl 10,600 SF Retail Building Nazareth, PA 18064 $1,287,500 ($121.46/SF) 25% Cap Rate
INVESTMENT HIGHLIGHTS
- Well Established Resturant
- Iconic Historic Building
- High Traffic location
EXECUTIVE SUMMARY
This iconic, historic property offers the opportunity to own a well-established restaurant situated on a high-visibility corner, just minutes from Route 33. With strong traffic flow and excellent curb appeal, this location is ideal for attracting both loyal locals and passersby. Included in the sale: Real estate, liquor license, fully operational restaurant business, and all restaurant equipment & furnishings. The restaurant accommodates seating for over 100 guests across multiple inviting areas and plenty of parking. There is a charming original, hand-carved bar that’s a local favorite, two distinct dining rooms, and outdoor porch seating. The commercial kitchen is fully equipped and ready for immediate use and features two pizza ovens, two large prep stations, walk-in freezer and refrigerator, commercial dishwasher, 14-burner gas range/oven, fryer, and a salad station. The interior is tastefully decorated, blending historic character with modern comfort—perfect for a quick and seamless transition to new ownership. The second and third floors, once hotel rooms, are currently used by the owner but offer limitless potential for possible conversion into: Apartments, Bed & Breakfast, Airbnb, etc. (Subject to zoning approval—please consult with Plainfield Township)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
10,600 SF
Building Class
C
Year Built
1901
Price
$1,287,500
Price Per SF
$121.46
Cap Rate
25%
NOI
$321,875
Tenancy
Single
Building Height
3 Stories
Building FAR
0.43
Lot Size
0.57 AC
Zoning
26VC - Village Center zoning district. Intended for low to medium--density residential development in specific areas
Parking
34 Spaces (3.21 Spaces per 1,000 SF Leased)
Frontage
165’ on Sullivan trail
PROPERTY TAXES
| Parcel Number | H8NW3-1-12-0626 | Improvements Assessment | $88,800 |
| Land Assessment | $25,800 | Total Assessment | $114,600 |
PROPERTY TAXES
Parcel Number
H8NW3-1-12-0626
Land Assessment
$25,800
Improvements Assessment
$88,800
Total Assessment
$114,600
1 of 35
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
5881 Sullivan Trl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.