650 Washington Avenue, Jermyn, PA 18433

$520,000
5,300
SqFt

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List Price
$520,000
Price Change
▼ $18,900 1783032894
MLS#
SC2963
Status
ACTIVE
County
Lackawanna
City
Jermyn
Living Area
5,300
Acres
0.46

Property Description

ATTENTION ENTREPRENURS, INVESTORS and DREAMERS! Fantastic opportunity to step into a fully functioning and IMMEDIATELY PROFITABLE restaurant business in a hometown setting. This property also features three fully rented apartments above the restaurant with long-term tenants and below market rents. (2) one bedroom one bathroom and (1) two bedroom one bathroom. Opportunities for a successful, turnkey business in excellent condition don't come around too often. For the past 50 years this diner has been a staple in the community and for the last 20 years, the same owner has cared for, maintained and run this thriving restaurant business. All building maintenance is up-to-date, including new forced hot air, heat, and air conditioning system, new roof, windows, siding, Restaurant, equipment, etc., within the past few years and can confidently go into the next 20 maintenance free. This building has the capacity to seat nearly 100 customers. Sale includes parking lot adjacent to building approximately 35 to 40 cars. All restaurant, equipment, utensils, coolers, freezers, fountains, etc. transfer to new owner. Bonus: current owner willing to stay on in any capacity buyer desires to help buyer transition smoothly. This could be as an employee or consultant.

Additional Information

Days on Market
834
Year Built
1930
Stories
2
Cooling
Central Air
Heating
Baseboard, Natural Gas, Electric
Exterior Features
Rain Gutters
Roof
Composition, Shingle
School District
Lakeland

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Calculator source: Real Geeks

Listing courtesy of Cobblestone Real Estate LLC.