116 S PENN ST Active Save Request In-Person Tour Request Virtual Tour
Bellefonte,PA 16823
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,002 sqft
Price per Sqft $119
MLS Listing ID PACE2509452
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $2,671
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Very popular Italian restaurant for sale. In this case, you may buy the restaurant and business plus the real estate that offers a rental that brings in $925/month. The owner is willing to include some recipes, all the appliances, and chattel items, so you would have a turn-key operation. If you do not want to run a restaurant you could purchase the real estate with good parking and still have the apartment rental and have an air-B&B, or a retail space, almost any commercial business could be approved in this property. With Bellefonte Borough being a growing market and an active commercial community, makes this property a great investment. Call for a list of the many business types you may have at this location. The business known as Jim's Restaurant and chattel items will be sold separately for $179,700.
Location
State PA
County Centre
Area Bellefonte Boro (16432)
Zoning CR & RO
Interior
Hot Water Electric
Heating Forced Air,Hot Water
Cooling Central A/C
Flooring Carpet,Vinyl
Inclusions See remarks
Equipment Negotiable
Heat Source Natural Gas
Exterior
Garage Spaces 19.0
Utilities Available Cable TV,Electric Available,Multiple Phone Lines,Natural Gas Available,Phone
Waterfront N
Water Access N
Roof Type Asphalt
Street Surface Access - Above Grade
Accessibility None
Total Parking Spaces 19
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Bellefonte
Middle Schools Bellefonte Area
High Schools Bellefonte Area
School District Bellefonte Area
Others
Tax ID 32-201-,010-,0000-
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard