Sq.Ft.3,002
Year1965

KBB Realtors
(814) 234-4000
Status:
Active
Property Type:Commercial
MLS #:PACE2505350
Sq. Feet:3,002
On Site:18 Days
Lot Size:0.14 Acres
County:Centre
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.
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Community Information
Address:116 S Penn St, Bellefonte, PA 16823
County:Centre
City:Bellefonte
Zip Code:16823
Features / Amenities
Flooring: Carpet, Vinyl
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Forced Air, Hot Water
Heating Fuel: Natural Gas
Hot Water: Electric
Property Features
Lot Size:
0.14 Acres
Location: Downtown
Parking Types: Parking Lot
Parking Included In List Price: No
Car Parking Spaces: 19
TV/Cable/Com: Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone
Sewer: Public Sewer
Water: Public
Roads: Access - Above Grade
Municipality: BELLEFONTE BORO
Zoning:CR & RO
Directions:Allegheny St, left onto Bishop St, left onto S. Penn Street (by the fire station) property on the right.
Tax and Financial Info
Total Taxes: $2,771 (paid Annually)
Tax Year: 2022
School Tax: $1,838 (paid Annually)
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $2,771.00 (Annually)
County Tax Rate: $280.00 (Annually)
Acceptable Financing: Cash, Conventional
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116 S Penn St Bellefonte, PA 16823
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Listing Information Last Updated 3/26/2023
Listing provided courtesy of Kissinger, Bigatel & Brower.