398 N Broad Street Ext
  • Nazareth, PA 18064
$1,275,000
1.30 acres | 7,524 sqft
  • Details
    • City
      Nazareth
    • County
      Northampton
    • Property Class
      Commercial
    • Status
      Closed
  • Additional Information
    • Building Floors:
      2
    • Building Name:
      Mivajo's
    • Buildings:
      2
    • Land SqFt:
      56,709
    • Leased Unit Count:
      2
    • Lot Area Acreage:
      1.3
    • Lot Dimensions:
      1.30 ACRES
    • Net SqFt:
      7,524
    • Ownership:
      Fee Simple
    • Property Age:
      47
    • Total Units:
      2
    • Type:
      Commercial
    • Year In Business:
      10
    • Zoning Code:
      R3
  • Fees
    • Tax Year:
      2017
    • Total Taxes:
      $13,543
  • Description

    Pristine restaurant opportunity. 8000 sq. ft. which includes 140 seats on the first level with bar and full kitchen. Outdoor dining and parking for 90 cars. There is ample storage throughout the building, over sized walk-ins and everything you could need. Second level has additional seating for 70 guests along with a second bar and second full kitchen. Also on property is a three bedroom home with garage, being rented at this time. Property sits directly in front of Martin Guitar Company which provides constant flow of business. This business is a staple of the community with a 18 year track record. Don't pass up this great opportunity for the savvy restaurateur or investor.

Presented By

Ryan Scott Cortez
Ryan Scott Cortez
Philadelphia Office
215.735.2225 / Office
215.800.6874 / Mobile
Karen Barone

Karen Barone

Realtor, Licensed in PA & NJ
Karen Barone
Philadelphia Office
215.735.2225 / Office
732.533.3211 / Mobile
Lehigh Valley

About this Area

Lehigh Valley

Kurfiss Sotheby’s International Realty serves buyers and sellers in the greater Lehigh Valley, an area made up of Lehigh and Northampton counties, with Allentown, Bethlehem and Easton as its largest cities. Approximately 821,000 people live in the Lehigh Valley, according to the 2010 U.S. Census, making it the third largest metropolitan area in Pennsylvania. Much of its growth in the past...

Lehigh Valley

Statistics

Price range:
  • Average Days on Market Residential

    125 August 2017
    -3.7 % since
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    -3.7 % since August 2016
  • Average Price per SqFt Residential

    $134 August 2017
    +7.5 % since
    Select a date range above
    +7.5 % since August 2016
  • Total Monthly Inventory August 2017

    2,057
    Total Units
    +47.9 % since
    Select a date range above
    +47.9 % since August 2016
  • New Listings Residential

    181 August 2017
    -15.8 % since
    Select a date range above
    -15.8 % since August 2016
  • Percent of Asking Price Residential

    98 % August 2017
    -0.2 % since
    -0.2 % since August 2016
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Local Information

Local Information

Understand the educational environment and opportunities around this area before moving in.
Nazareth Area Middle School
Type: Public
Level: 7-8
Nazareth Area High School
Type: Public
Level: 9-12
Lehigh Learning Academy
Type: Private
Level: 10-12
Holy Family Elementary School
Type: Private
Level: PK-8
Shafer El School
Type: Public
Level: K-3
Nazareth Area Intermediate School
Type: Public
Level: 4-6
Bushkill El School
Type: Public
Level: K-3
Plainfield El School
Type: Public
Level: K-3
Lower Nazareth El School
Type: Public
Level: K-3
Career Institute Of Technology
Type: Public
Level: 9-12

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Listing courtesy of Kurfiss Sotheby's International Realty.

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Data last updated: 09/24/2017.

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