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33542523
33542535

181 South Wyoming Street, Hazleton, PA 18201

KG
PA RS355864
$369,000
1 day on market
Updated 1 day ago

Joyce & Bill's Bar and Grill

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type Apartment Building, Business and Building
Square Footage 3,189
Occupancy 100%
Tenancy Multi
Lease Options Month to Month Tenants
Buildings 1
Acreage 0.050
Zoning Commercial / Office / Residential Mixed Use
Ground Lease No

Established Business, Transferrable Liquor License & 3 Apartments

Marketing description

RARE OPPORTUNITY to own this MIXED-USE PROPERTY- a true Hazleton landmark! ESTABLISHED BUSINESS, TRANSFERABLE LIQUOR LICENSE & THREE INCOME PRODUCING APARTMENTS! Joyce & Bill's Bar & Grill has been a longtime staple of the Hazleton community, serving generations of loyal patrons and offering a well-established presence in the local market. Included in the sale is the LIQUOR LICENSE, which will transfer to the new owner, creating a turnkey opportunity to step into an operating bar business with a rich history and strong community recognition. In addition to the commercial space, this mixed-use property features THREE RESIDENTIAL APARTMENTS with a consistent rental history, providing multiple income streams. The first-floor apartment offers 1 bed/ 1 bath & access to a private outdoor space. A second-floor apartment includes 1 bed/ 1 bath. The third unit spans the second and third floors and features 3 beds/ 1.5 baths & a bonus room, offering spacious accommodations for tenants. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking to own and operate a neighborhood bar, opportunities like this rarely become available. With an ESTABLISHED BUSINESS, TRANSFERABLE LIQUOR LICENSE, and THREE INCOME PRODUCING APARTMENTS, this property offers tremendous potential and IMMEDIATE CASH FLOW opportunities in one package!

Investment highlights

Bar rent: $2,800/month. First-floor apt rent: $1,100/month, Second-floor apt rent: $1,000/month, Second/third-floor apt rent:$1,450/month. All month to month & include water, sewer, garbage, and gas heat. Utilities are not separately metered for these services. Tenants are responsible for their own electric service, cable, and internet. Bar rental will discontinue once the building is sold.

Listing Contacts

KG
PA RS355864

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Additional Information

Name
Keri Gallagher
License
RS355864
Brokerage
Bear Mountain Real Estate
Brokerage Phone
5703253300
Title
Real Estate Broker
Brokerage Address
1983 Pennsylvania 903
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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