The Peanut Bar Restaurant

Investment Overview

The Peanut Bar Restaurant has operated at its current location of 332 Penn Street since 1935, under the same family ownership. Original owner Jimmy Kramer passed the operation to his son-in-law Harold Leifer who helped lead the business from the 1950s and renamed it Jimmie Kramer’s The Peanut Bar in 1958. The restaurant later passed to the next generation, with grandson Michael Leifer managing it. Today, it remains at 332 Penn Street, known for its long family history, classic bar atmosphere, and peanut-shell-covered floor. In addition to the main building with the approx. 6,500 SF restaurant, there are three upstairs rental units, two occupied by residential users and one serving as a business office. Also included in the sale is a .21 acre surface parking lot with 23 parking spaces, which is currently leased to a third party, however the lease can be terminated with six month notice. Visit naikeystone.com for accurate listing info.

Investment Highlights

• Prime retail / restaurant facility
• Street-facing commercial presence
• Flexible layout for multiple uses
• Suitable for owner-user or investor
• Adaptable to various retail concepts
• Strong merchandising potential
• Efficient customer access
• Income-producing asset potential
• Well-suited for long-term ownership
• Commercial frontage at 332 Penn Street