1244 BROAD STREET, Montoursville, PA 17754
$599,000
Property Type:
Commercial Sales
Baths:
4
Square Footage:
4,492
Lot Size (sq. ft.):
17,424
Status:
Active
Current Price:
$599,000
List Date:
11/19/2023
Last Modified:
5/15/2024
Description
Exciting Business Opportunity with Endless Potential! This business features a sub shop & a 6-pack store complemented by a coveted R liquor license. This R (Restaurant) Liquor License offers the option for operating a bar on site to increase revenue! Seamlessly take over this enterprise, equipped with $75,000 of brand-new fryers, grills, & refrigerators.
Beyond the lucrative food and beverage offerings, this property boasts a valuable income stream from a spacious, 3-bedroom apartment upstairs, currently rented at $1150 per month on a secure 1-year lease. Maximizing revenue while enjoying the convenience of on-site living or rental income has never been easier.
Additionally, the property includes a generously sized 24-space parking lot, further enhancing its appeal to customers.
Supplements: This is your chance to own a business with multiple revenue streams. Seize this opportunity and make it yours today! Call Betsy Bjorkman with questions or to set up a private tour at 814-933-8056.
More Information MLS# WB-98193
Contract Information
Auction: No
Listing Contract Date: 2023-11-19
Status: Active
List Price: $599,000
Current Price: $599,000
Assessed Valuation: 261730
Listing Service: Full Service
General Property Description
Apx Total Fin SqFt: 4492
SqFt Retail: 2956
SqFt Apartment: 1536
Year Built: 1977
Lot Size Acres: 0.4
Stories: 2
Bathrooms Total: 4
# Parking Spaces: 24
Living Space: Yes
Location,Tax and Other Information
House #: 1244
Street Name: BROAD
Street Suffix: STREET
County: Lycoming
State: PA
Postal Code: 17754
MLS Area: MONTOURSVILLE
Municipality: Montoursville Boro
Flood Zone: X (unshaded)
Zoning: CR
Taxes: 7205.43
Subdivision Name: Other
Tax ID: 34-005-707
Geo Lat: 41.24644
Geo Lon: -76.904457
School District: Montoursville
Basement
Basement Access: Walk Up
Costs/Paid By
Electric Paid By: Tenant
Gas/Oil Paid By: Owner
Insurance Paid By: Owner
Sewer Paid By: Owner
Taxes Paid By: Owner
Trash Paid By: Owner
Water Paid By: Owner
Details
Property Assoc.: No
Under Construction: No
Annual Income and Expenses
Exp - Taxes: 7205.43
Total Operating Exp: 7205.43
Land Use
Leased Lot: No
Showings
Media Permission: No
Property Features
Access: City Street; Interstate 1-5 Mile
Characteristics: Corner Lot; Public Transportation; Sidewalks; Street Lights
Construction: Block; Frame
Cooling: Central Air; Window Unit(s)
Documents on File: Map-Aerial; Tax Card
Electrical Service: 151-399 amps
Exterior Finish: Stone Veneer; Vinyl Siding
Features: Equipment; Exterior Signage; Fixtures; Furniture/Fixtures; Liquor License; Restroom - Private; Restroom - Public; Security Lighting; Smoke Alarm; Turnkey Operation; Walk-In Cooler/Freezer
Financing Considered: 1031 Exchange; Cash; Conventional
Floors: Carpet W/W; Linoleum
Foundation: Block
Garage Type: None
Heating Type: Baseboard; Gas Hot Water
Heating Fuel: Natural Gas
Roof Type: Shingle
Sale Includes: Building; Business; Existing Leases; Land; See Remarks
Sewer: Public Sewer
Specialty Rooms: Lunch Room/Cafe; Office Space; Utility Room
Terms/Existing Lease: Year to Year
Type: Bar/Tavern/Lounge; Business Opportunity; Commercial with Apts; Food Service; Restaurant
Water Source: Public
Listing Office: Berkshire Hathaway HomeServices Hodrick Realty, WPT
Office Phone: 570-321-7000
Listing Agent: Elizabeth Bjorkman
Last Updated: May - 15 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information deemed reliable, though not guaranteed. All measurements are approximate.