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1406 Lake Ariel Hwy

4,028 SF Retail Building Lake Ariel, PA 18436 $850,000 ($211/SF)

Executive Summary

: Profitable & Successful established restaurant/bar offering outdoor seating. Includes liquor license & equipment. License for outside
entertainment. Fully equipped kitchen, walk in coolers, skill machines, dining room seats 30 & room to expand. Plenty of parking. Renovated inside & out. A true ''go to'' for many locals. 2 apartments fully rented. Great cash flow. P&L available with serious qualified buyers and confidentiality statement. Owner may consider financing with considerable down payment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,028 SF
Building Class
B
Year Built
1930
Price
$850,000
Price Per SF
$211
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Land Acres
0.79 AC
Parking
22 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
222 FT on Lake Ariel Highway

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 041323
  • 041322
Land Assessment
$129,700
Improvements Assessment
$267,800
Total Assessment
$397,500
  • Listing ID: 32996731

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 1406 Lake Ariel Hwy, Lake Ariel, PA 18436

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