1000 Fillmore RdState College, PA 16803

  • Retail properties
  • 1.09 AC
For Sale
$4,000,000 View listing

Property Details for 1000 Fillmore Rd

Lot size
1.09 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
18-002-,080-,0001-
APU
180020800001

Description

This exceptional offering encompasses a thriving, 50-seat, farm-to-table restaurant and a fully operational, sustainable farm on approximately 27 acres in Patton Township, State College, PA. Built in 2019 to Living Building Challenge standards, the property includes a restaurant, barn, gazebo, outdoor kitchen, a two-bedroom, two-bathroom apartment, two greenhouses, a solar array, tractor shed, and a tiny house. The sale includes all assets: farm equipment, restaurant business, business name, intellectual property, goodwill, furniture, fixtures, and equipment (FF&E), marketing rights, signage, leasehold improvements, lease rights, livestock, and the solar system. A Pennsylvania liquor license is also included. The property boasts a net-zero energy system with dual solar arrays, providing excess energy to the grid. The farm utilizes regenerative farming practices, including approximately four to six acres of in-ground vegetable fields, four acres of cover-cropped areas, agroforestry integration, a fruit orchard, and thirty acres for rotational grazing pastures. A community supported agriculture (CSA) program and online produce market further enhance the business model. An additional 26-acre ground lease is available with a purchase option. This turnkey operation offers a unique opportunity to acquire an established, profitable business with significant growth potential in a desirable location near a major university, benefiting from both residential and business growth opportunities. The property's educational component, including cooking classes and farm operation tours, adds another revenue stream and community engagement opportunity.

1000 Fillmore Rd, State College, Pennsylvania

Location Insight

City
State College
County
Centre
State
Pennsylvania
Latitude
40.8564
Longitude
-77.8755
CBSA code
44300
CBSA name
STATE COLLEGE, PA METROPOLITAN 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
2024
$13,859
-
$213,240
$213,240
-
-
$426,480
$426,480

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