1302 Adams Ave, Dunmore, PA 18509 (MLS# SC-250114)

1302 Adams Ave, Dunmore, PA 18509

New Listing
$679,000
Property Type: Commercial Sale Square Footage: 6,100 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $679,000 List Date: 1/09/2025 Last Modified: 1/10/2025

Description

Catch this unique opportunity in the borough of Dunmore - a thriving neighborhood restaurant with a patio, with additional residential income potential! The commercial property features a thoughtfully renovated restaurant space that eclectically blends mid-century modern appeal with a playful artistic flair, preserving many charming elements of the building's history. Now a local hotspot in the community, the business features seating for 100, an outdoor dining patio, bottle shop with takeout counter & retail space, and a fully equipped bar along with draft beer options. The included liquor license adds a significant benefit to this turnkey operation. The restaurant's fun vibe extends outdoors to whimsical outdoor dining & seating areas. Convenient parking options include both on-street and off-street parking, making it easily accessible for patrons. Above the restaurant, you'll find two spacious apartments, offering 3-4 bedrooms and one bathroom each. While these units need some tender loving care, they present an excellent opportunity for additional income or to keep as owner/manager occupancy. This large corner lot carries attractively low taxes, adding to the investment appeal. If you're looking for a versatile income-producing opportunity, fully equipped with a proven track record, your search stops here. Explore entrepreneurship with dash of renovation adventure at 1302 Adams Ave, Dunmore, PA!

More Information MLS# SC-250114

Contract Information

Current Price: $679,000 List Price: $679,000 Status: Active Listing Contract Date: 2025-01-09 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: Eves on Adams Property Group, LLC Environmental Survey YN: No

Location Tax and Legal

Street Number: 1302 Street Name: Adams Ave State: PA Postal Code: 18509 County: Lackawanna

General Property Information

Number Of Units Total: 3 Building Area Total: 6100 Building Area Total (Report Only): 6100 Enhanced Accessible: Yes Year Built: 1900 Lot Size Acres: 0.12 Lot Size Dimensions: 50X105 Waterfront YN: No Stories: 4 Sign On Property YN: No Auction YN: No List Price/SqFt: 111.31

Remarks and Miscellaneous

Public Remarks: Catch this unique opportunity in the borough of Dunmore - a thriving neighborhood restaurant with a patio, with additional residential income potential! The commercial property features a thoughtfully renovated restaurant space that eclectically blends mid-century modern appeal with a playful artistic flair, preserving many charming elements of the building's history. Now a local hotspot in the community, the business features seating for 100, an outdoor dining patio, bottle shop with takeout counter & retail space, and a fully equipped bar along with draft beer options. The included liquor license adds a significant benefit to this turnkey operation. The restaurant's fun vibe extends outdoors to whimsical outdoor dining & seating areas. Convenient parking options include both on-street and off-street parking, making it easily accessible for patrons. Above the restaurant, you'll find two spacious apartments, offering 3-4 bedrooms and one bathroom each. While these units need some tender loving care, they present an excellent opportunity for additional income or to keep as owner/manager occupancy. This large corner lot carries attractively low taxes, adding to the investment appeal. If you're looking for a versatile income-producing opportunity, fully equipped with a proven track record, your search stops here. Explore entrepreneurship with dash of renovation adventure at 1302 Adams Ave, Dunmore, PA! Inclusions: Everything Conveys with the Sale of Property

Status Change Information

Major Change Timestamp: 2025-01-09T21:50:09Z Major Change Type: New Listing Status Change Timestamp: 2025-01-09

Building Features

Included In Contract: Land, Business & Building(s)

Property Features

Accessibility Features: Accessible Common Area; Accessible Entrance; Visitor Bathroom Building Features: Cooler Space; Equipment Included; Established Business; Fixtures Included; Freezer Space; Furniture Included; High Traffic Area; Inventory Included; Private Restrooms; Refrigerator Space; Turnkey Operations Business Type: Restaurant Construction Materials: Aluminum Siding; Stucco Cooling: Ceiling Fan(s); Central Air; Electric; Wall Unit(s) Exterior Features: Rain Gutters; Smart Camera(s)/Recording; Uncovered Courtyard Fencing: Privacy Heating: Central; Electric; Other Levels: Multi/Split Listing Terms: 1031 Exchange; Cash; Conventional; Lease Option; Lease Purchase; Owner May Carry Lot Features: City Lot; Corner Lot; Not In Development; Paved Parking Features: Accessible Parking; Guest; Off Street; On Street; Paved Possession: Close Of Escrow; Negotiable Possible Use: Commercial; Medical/Dental; Mixed Use; Multi-Family; Office; Residential; Retail Road Frontage Type: City Street Road Surface Type: Paved Roof: Asphalt; Shingle Security Features: Carbon Monoxide Detector(s); Closed Circuit Camera(s); Security System; Smoke Detector(s) Sewer: Public Sewer Special Licenses: Liquor Structure Type: Multi Family Utilities: Cable Available; Electricity Connected; Natural Gas Available; Phone Available; Phone Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Email Listing Agent; No Lockbox; No Sign; Restricted Hours; Show Notice Required; Showing Service; Text Listing Agent
Listing Office: Lewith & Freeman RE, Inc.
Last Updated: January - 10 - 2025
Information deemed reliable but not guaranteed.