1311 Pa-507Greentown, PA 18426

Property Details for 1311 Pa-507

Year built

1972

Lot size

2.14 AC

Property size (Sq ft)

1,754 SF

Property type

Hospitality properties

Property subtype

Other retail properties

Description

This turnkey restaurant in Greentown, PA, presents a fantastic investment opportunity. Located on over 2 acres of land at 1311 PA-507, this 1,754 square foot, single-story building boasts a prime location on busy Route 507, less than a mile from I-84 exit 20, ensuring high visibility and easy accessibility. Built in 1972 and renovated in 2014, the property features 60 indoor seats and over 70 outdoor seats under a pavilion, along with an outdoor bar and ample parking. All furniture and equipment are included, making this a truly move-in ready establishment. The property's unrestricted zoning allows for diverse commercial uses beyond a restaurant, such as private events or other businesses. The expansive lot offers significant potential for future expansion. Additional revenue streams could be generated through the placement of a digital billboard on the property. The asking price is $395,000, with a price per square foot of $225.20. The property is a fee simple ownership and has a parcel number of 085.00-01-31. The property is available for occupancy on November 5, 2024.

Location Insight

City

Greentown

County

Pike

State

Pennsylvania

Latitude

41.3538

Longitude

-75.3023

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