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SEIPSVILLE HOTEL RESTAURANT BAR 2912 Old Nazareth Rd

8,589 SF of Retail Space Available in Easton, PA 18045

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 8,589 SF
  • Negotiable
  • £7.80 /SF/PA £0.65 /SF/MO £66,965 /PA £5,580 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days

This is a landmark turnkey restaurant / banquet , bar facility with a rich history and fantastic location. Rental rooms can be part of the lease of facility if desired for an additional fee. Owners will consider selling

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Turn key banquet restaurant bar
Space Size Term Rent Service Type
1st Floor 8,589 SF Negotiable £7.80 /SF/PA £0.65 /SF/MO £66,965 /PA £5,580 /MO Triple Net

1st Floor

Size
8,589 SF
Term
Negotiable
Rent
£7.80 /SF/PA £0.65 /SF/MO £66,965 /PA £5,580 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days

This is a landmark turnkey restaurant / banquet , bar facility with a rich history and fantastic location. Rental rooms can be part of the lease of facility if desired for an additional fee. Owners will consider selling

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Turn key banquet restaurant bar

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 2912 Old Nazareth Rd , Easton, PA 18045

Property Type Retail
Gross Internal Area 8,589 SF
Year Built 1900

About the Property

This is an incredible opportunity to lease a turn key landmark Restaurant , bar , banquet facility. This facility was originally built in 1760 and has over the years been upgraded and updated many times with out losing its rich history and charm It has a history of quality food and the building has a classic look that can not be replicated. The stone work is beautiful and adds a charming touch that carries through out the whole facility. The bar restaurant area seats 70 people and the banquet party / facility an additional 110 seats. It has a large well maintained kitchen that can service the 180 seat capacity and ample private parking. Located on an extremely busy intersection that has fantastic access to all major highways and thruway in the area such as 22, 78 , 33, 611 , 248 etc. Located in the heart of the thriving Lehigh Valley and a stones throw from bustling downtown EASTON this is one location that lacks nothing. The Lehigh Valley is top 5 in economic growth in the nation currently and a facility like this is highly in demand. Owned and operated by same family since 1981 and the only reason it is becoming available for lease is that the current owners are looking to retire. This turn key facility can be leased for $7000.00 per month NNN. Owners will consider a sale to qualified applicants. There is also an additional 14 rooms that are a. Is of AIR B&B and weekly rentals that can be added to the lease/sale.

Nearby Major Retailers

Carrabba’s Italian Grill
TD Bank
Grocery Outlet
Olive Garden Italian Rstrnt
Jenny Craig
Rent-A-Center
Bank of America
La Fitness
  • Listing ID: 17570149

  • Date on Market: 28/10/2019

  • Last Updated:

  • Address: 2912 Old Nazareth Rd, Easton, PA 18045

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