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5,300 sqft

$499,900

650 Washington Avenue, Jermyn PA, 18433

Price per sqft$94.32
Built in1930
Property size5,300 sqft
Property typeCommercial
Courtesy of Cobblestone Real Estate LLC, Michael James Clark III Listing Contact: (570) 500-5254

Overview

Active

Listed May 29, 2024

Updated 7 days ago

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.

Other Property Details

Taxes
$5,257
Tax Frequency
Annually

Listings courtesy of Greater Scranton Board of REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Melanie Mott shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:00 AM UTC on 9/16/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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