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259 Venango Ave

2,300 SF Retail Building Cambridge Springs, PA 16403 $140,000 ($61/SF)

Investment Highlights

  • 2,300± SF Turn-Key Restaurant Available
  • Indoor Seating for ±68, Bar Seating for ±14 & Outdoor Seating for ±40
  • All Equipment Included in Sale
  • Completely Renovated in 2020 with Multiple Upgrades
  • Situated on 0.13± Acres with Public Utilities
  • For Sale or Lease

Executive Summary

2,300± SF turn-key restaurant for sale or lease. Completely renovated in 2020. Multiple upgrades: new PEX & PVC plumbing, 220V / 3 Phase electric, new gas furnace & electric central air conditioner, fully insulated, all interior finishing & lighting, 2 new restrooms, expanded kitchen, new hood fans, rough edge timber bar, outdoor seating area, concrete parking lot & added storm water removal drainage. Indoor seating for ±68. Bar seating for ±14. Outdoor seating area for ±40. All equipment included in sale. Situated on 0.13± acres zoned B-1, Central Business District. Public utilities. Private parking lot with 3 spaces plus 5 free street parking spaces. Public parking lot for 8-10 available 135’ away. 3D tour & floor plan available. Offered for sale at $140,000 or for lease at $12.00/SF/YR (approximately $2,300/month) + taxes, snow removal, lawncare & utilities. Contact broker for additional information or to schedule a tour.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $2,812 $1.22
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $2,812
Annual Per SF $1.22
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $2,812
Annual Per SF $1.22

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,300 SF
Building Class
C
Year Built/Renovated
1998/2020
Price
$140,000
Price Per SF
$61
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.13 AC
Zoning
B-1 - B-1 Central Business District
Parking
3 Spaces (1.3 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,300 SF
  • Restaurant
  • -
  • Now

2,300± SF turn-key restaurant for sale or lease

Space Size Space Use Position Available
1st Floor 2,300 SF Restaurant - Now

1st Floor

Size
2,300 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 2,300 SF
Space Use Restaurant
Position -
Available Now

2,300± SF turn-key restaurant for sale or lease

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-0-005210
  • 16-0-005212
Land Assessment
$3,350
Improvements Assessment
$27,350
Total Assessment
$30,700
Annual Taxes
$2,812 ($1.22/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 26691163

  • Date on Market: 9/22/2022

  • Last Updated:

  • Address: 259 Venango Ave, Cambridge Springs, PA 16403

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