For Sale
$190,000

11251 Us-322 Shippenville, PA 16254

Iconic Clarion County bar/restaurant

Overview

Added:
Dec 11, 2024
Days on market:
135
This 3,090 sq ft. single-story building, situated on a 1.08-acre lot in Shippenville, PA, presents a unique investment opportunity. Originally built in 1930 and renovated in 2007, the property boasts a metal roof, in-floor radiant heat, and attractive knotty pine and maple wall coverings. The interior features a large central room (39 x 34 ft) suitable for retail, office space, or a presentation area, along with three smaller rooms (24 x 15 ft, 21 x 17 ft, and 15 x 9 ft) ideal for meetings or additional retail space. Two updated bathrooms and a kitchen are included. The property offers ample parking for at least 12 vehicles on a newly sealed paved lot. High visibility on Route 322, with nearly 9,000 vehicles passing daily, ensures excellent exposure. Convenient access to Routes 322, 66, I-80, and Route 68 provides easy connectivity throughout Clarion County. The property is currently 100% occupied, generating a 31.58% cap rate at an asking price of $190,000 ($61.49/sq ft). This Class B retail property is zoned for unrestricted use and represents a strong owner/user investment. The building features solid wood doors and flooring, and is handicap accessible.

Highlights

  • 3,090 SF single-story building on a 1.08-acre lot in Shippenville, PA.
  • 1930 building, renovated in 2007, featuring a metal roof, in-floor radiant heat, and knotty pine/maple wall coverings.
  • Large central room (39' x 34') plus three smaller rooms, two updated bathrooms, and a kitchen.
  • Ample parking for 12+ vehicles in a newly sealed lot, with high visibility on Route 322 (nearly 9,000 VPD).
  • Excellent access to Routes 322, 66, I-80, and 68; currently 100% occupied with a 31.58% cap rate at $190,000 ($61.49/SF).

Property Details for 11251 Us-322

Property type
Retail properties, Restaurants
Square Feet
3,090 SF
Class
B
Year Built/Renovated
1930/2007
Buildings
1
Stories
1
Lot Size (sq. ft)
47,045 SF
Units
1

Location Insight

City
Shippenville
County
Clarion
State
Pennsylvania
Latitude
41.234233004319
Longitude
-79.412101670346

FAQs

What type of property is this?
Retail property - Iconic Clarion County bar/restaurant
Where is the retail property located?
The property is located at 11251 Us-322 Shippenville, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 3,090 SF single-story building on a 1.08-acre lot in Shippenville, PA.; 1930 building, renovated in 2007, featuring a metal roof, in-floor radiant heat, and knotty pine/maple wall coverings.; Large central room (39' x 34') plus three smaller rooms, two updated bathrooms, and a kitchen.
How can I contact the broker?
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11251 Us-322
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