115 Ludlow StWarren, PA 16365

  • Retail space
  • 5,302 SF
For Sale
$550,000 View listing

Property Details for 115 Ludlow St

Year built
1970
Lot size
1.58 AC
Property size (Sq ft)
5,302 SF
Property type
Retail space
APN
WN-499-670000-000
APU
WN499670000000

Description

This exceptional restaurant opportunity is located at 115 Ludlow Street in Warren, Pennsylvania, a high-traffic area where Routes 6 and 62 converge. The former Perkins restaurant boasts a prime location, easily accessible to travelers exiting the highways and situated on a 1.58-acre lot with 81 parking spaces. Ludlow Street connects directly to Pennsylvania Avenue, Warren's main thoroughfare, ensuring high visibility and convenient access for customers. The property's size and ample parking make it ideal for a variety of restaurant concepts. Warren County, with a population of approximately 38,000, offers a stable local economy supported by manufacturing, retail, and service sectors. Its location near the Pennsylvania-New York border and robust infrastructure, including major highways and a regional airport, further enhance its appeal. This presents a unique chance to establish a thriving business in a community with strong community ties and a charming small-town atmosphere. The property's history as a successful restaurant provides a solid foundation for future success, offering significant potential for a new operator. The asking price is $550,000.

Location Insight

City
Warren
County
Warren
State
Pennsylvania
Latitude
41.8372
Longitude
-79.1692
CBSA code
47620
CBSA name
WARREN, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,943
$25,782
$207,409
$233,191
-
$51,563
$414,817
$466,380

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