For Sale
$700,000

283 Chestnut St Meadville, PA 16335

Established Italian Restaurant, 9,750 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional turnkey opportunity presents a well-established Italian restaurant, Mannino's Italian Garden, ideally situated in the heart of Meadville, Pennsylvania. Operating since 2010, this thriving business boasts a remarkable 9,750 square feet of space spread across two buildings and two stories. The property includes the main restaurant area, a rear garage, a full basement, a private owner's apartment, a separate rental apartment, ample storage space, and a large unfinished room with high ceilings, perfect for expansion or conversion into additional living space or a studio. All electrical wiring has been recently updated. The property sits on a 0.11-acre lot and benefits from convenient access to a public parking lot and a rear alley. The sale includes all existing equipment and furnishings. The current owner/chef is available to provide training for a fee, ensuring a smooth transition for the new owner. The property is zoned B-1 and features four units. The asking price is $700,000, translating to $71.79 per square foot. The property is currently 100% occupied, with the occupancy date set for April 5th, 2024. This is a Class A multi-tenancy retail property with significant potential for continued success. The property's APN is 3300-014-K-12.

Highlights

  • Turnkey Italian restaurant, Mannino's Italian Garden, established in 2010.
  • 9,750 SF across two buildings, two stories, including main restaurant, garage, full basement, owner's apartment, and separate rental apartment.
  • Recently updated electrical wiring, ample storage, large unfinished room ideal for expansion.
  • 0.11-acre lot, convenient public parking and rear alley access.
  • Includes all equipment and furnishings; owner/chef offers training (fee applies).
  • B-1 zoning, four units, 100% occupied, occupancy date April 5th, 2024.

Property Details for 283 Chestnut St

Property type
Retail properties, Restaurants
Square Feet
9,750 SF
Class
A
Buildings
2
Stories
2
Lot Size (sq. ft)
4,792 SF
Units
4

Location Insight

City
Meadville
County
Crawford
State
Pennsylvania
Latitude
41.637975006644
Longitude
-80.152030289202

FAQs

What type of property is this?
Retail property - Established Italian Restaurant, 9,750 sq ft.
Where is the retail 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.
What are key features of this property?
This property features: Turnkey Italian restaurant, Mannino's Italian Garden, established in 2010.; 9,750 SF across two buildings, two stories, including main restaurant, garage, full basement, owner's apartment, and separate rental apartment.; Recently updated electrical wiring, ample storage, large unfinished room ideal for expansion.
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.
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283 Chestnut St
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