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116 S Penn Street Bellefonte, PA $ 359,300
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$ 359,300 Get more info
116 S Penn Street
$ 359,300
Back to search
Share Save

116 S Penn Street

Bellefonte, PA, 16823
$ 359,300
Baths0.0 Sq 3,002

Monthly Estimate*

$ 2,388

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Studio

Commercial Property for sale in Bellefonte, PA

for $359,300. This 3,002 square foot building was built in 1965 on a lot size of 0.14.

Very popular Italian restaurant for sale. In this case, you may buy the restaurant and business plus the real estate that offers a rental that brings in $925/month. The owner is willing to include some recipes, all the appliances, and chattel items, so you would have a turn-key operation. If you do not want to run a restaurant you could purchase the real estate with good parking and still have the apartment rental and have an air-B&B, or a retail space, almost any commercial business could be approved in this property. With Bellefonte Borough being a growing market and an active commercial community, makes this property a great investment. Call for a list of the many business types you may have at this location.

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Commercial Active

Price

$ 359,300

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,771

Style

Parking Lot,Professional

Lot Size

0.14

Year Built

1965

Town/City

Bellefonte

County/Region

Centre

MLS | Web ID

PACE2509452
Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Vinyl
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Hot Water
Cooling Central A/C
Utilities Cable TV Electric Available Multiple Phone Lines Natural Gas Available Phone
Possession 0-30 Days CD
Roof Asphalt
Zoning CR & RO
Construction Materials Frame Stucco Vinyl Siding
Exclusions Any leased equipment
Year Built 1965
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality BELLEFONTE BORO
Business Type Parking Lot Professional Other
Accessibility None
County CENTRE
New Construction N
Property Type Commercial Sale
Possible Use Restaurant Apartments Commercial Food & Beverage Office Parking Professional Service Residential
Water Access Y/N N
Status ACTIVE
Directions Allegheny St left onto Bishop St left onto S. Penn Street (by the fire station) property on the right.
City BELLEFONTE
Buyer Agent Compensation 2.7
Total Units 2
MLS Area Bellefonte Boro (16432)
Lot Size Square Feet 6098.40
Waterfront Y/N N
Street Name PENN
Tax Annual Amount 2771.0
Property Condition Very Good
Price Per Sq Ft 119.69
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 43
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions See remarks
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 3002.00
Lot Size Acres 0.14
Road Surface Type Access - Above Grade
Lot Size Units Square Feet
Lot Size Source Estimated
Other Equipment Negotiable
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Kissinger, Bigatel & Brower

Broker

ellajw45@gmail.com

Email

Affordability Calculator

$2,619
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,388
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2024$359,300 Listed Price

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116 S Penn Street, Bellefonte, PA, 16823 is a Commercial Property for sale at $359,300 with 3,002 sqft and a lot size of 0.14. 116 S Penn Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 16823 which is in Bellefonte, PA

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