2912 Old Nazareth Rd | Easton, PA 18045
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2912 Old Nazareth Rd
Easton, PA 18045
SALE RESTAURANT BANQUET EVENT FACILITY · Retail Property For Sale
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
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.76 AC
Zoning
24MDR
PROPERTY TAXES
| Parcel Number | L8NE3-10-2-0324 | Improvements Assessment | $101,700 |
| Land Assessment | $73,300 | Total Assessment | $175,000 |
PROPERTY TAXES
Parcel Number
L8NE3-10-2-0324
Land Assessment
$73,300
Improvements Assessment
$101,700
Total Assessment
$175,000
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