For Sale
$700,000

283 Chestnut St Meadville, PA 16335

Established Restaurant, Prime Location, Huge Potential

Overview

Added:
Feb 3
Days on market:
83
This exceptional business opportunity encompasses a thriving Italian restaurant, established in 2010, situated in the heart of Meadville, PA. The sale includes all equipment, furnishings, and the real estate itself, presenting a turnkey operation ready for immediate success. The property boasts approximately 7,313 square feet of space, with an additional approximately 2,437 square feet in a connected building, totaling approximately 9,750 square feet. This substantial space includes a fully equipped restaurant, a private owner's apartment, a second apartment, and a large, undeveloped second-floor area offering significant expansion potential for additional living space, an art studio, storage, or other uses. A full basement is present in the brick building. The property sits on a 0.11-acre lot with convenient access to a public parking lot. All electrical wiring has been updated. The restaurant operates on a BYOB basis, eliminating the need for a liquor license. The current owner/chef is available to provide training for a fee, ensuring a smooth transition for the new owner. The zoning is MU-3. This remarkable property offers an unparalleled opportunity for a savvy investor or restaurateur seeking a well-established business with significant growth potential. The impressive interior is a must-see.

Property Details for 283 Chestnut St

Property type
Investment properties
Square Feet
7,313 SF
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Meadville
County
Crawford
State
Pennsylvania
Latitude
41.63825
Longitude
-80.15185

FAQs

What type of property is this?
Investment property - Established Restaurant, Prime Location, Huge Potential
Where is the investment property located?
The property is located at 283 Chestnut St Meadville, PA.
What is the asking price?
The asking price for this property is $700,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
283 Chestnut St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message