See Home Value
Lehigh 18106
Restaurant Bar Event Facility
$2,956,134*
Commercial - Off Market

Restaurant Bar Event Facility

Lower Macungie, PA 18106
bedrooms
Studio
bathrooms
0 Bath
$2,025,000 - $2,475,000
Reference Base Price*
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

CONFIDENTIAL--MULTIPLE REVENUE STREAMS WITH REAL ESTATE: Businesses include restaurant, bar, patio bar, event/wedding/business meeting facilities, and golf course. Opportunity to buy existing businesses and revenue streams with no deferred maintenance and limited upgrade expenses for years to come as everything has been recently upgraded or replaced. Stunning modern facility features a redesigned and expanded banquet room accommodating over 250 guests, a new smaller room for business meetings of up to 30 attendees, a completely remodeled restaurant and sports bar with new restrooms, and an expanded patio bar. The golf course has been upgraded for increased revenue opportunities. Priced at a highly attractive 14% CAP.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold $1,050,000
Sold
Dec 4, 2020 No longer available -
No longer available
Sep 19, 2019 Listed $2,250,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190919
09/19/2019
Loft
-
-
$2,250,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

1160 South Krocks Road 1160 South Krocks Road, Allentown, PA 18106
More about this Building
1160 South Krocks Road
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About Lehigh


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