Conventional Restaurant

Centre Hall, PA Conventional Restaurants for Sale

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Spring Mills, PA Boalsburg, PA Pleasant Gap, PA Milroy, PA Bellefonte, PA State College, PA Reedsville, PA Yeagertown, PA
Three-Level Restaurant with Commercial Kitchen
Updated: Feb 6
Three-Level Restaurant with Commercial Kitchen

559 N Pennsylvania Avenue, Centre Hall, PA 16828

$1,777,000
33,486 sqft
Three levels totaling 33,486 sq ft of restaurant, event, and meeting space
Large commercial kitchen on‑site
Elevator access from the main floor to the bar and second‑floor restaurant
Outdoor deck with a retractable roof
Business and liquor license available at an additional cost
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Centre Hall, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant with Patio Seating
Restaurant with Patio Seating

13524 S Eagle Valley Road, Tyrone, PA 16686

$650,000
4,000 sqft 0.83 AC lot

Fully equipped food-service property serving breakfast, lunch, and dinner near I-99 in Tyrone.

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Restaurant and Bar For Sale
Restaurant and Bar For Sale

1669 N Atherton St, State College, PA 16803

$1,750,000
2,500 sqft

Bar and conventional restaurant available for sale on North Atherton Street in State College, Pennsylvania.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

2068 Columbia Avenue, Tyrone, PA 16686

$370,000
1,600 sqft 0.01 AC lot

Includes a café and bar setup, two rented apartments, business equipment, and a liquor license.

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Stand-Alone Restaurant with Patio
Stand-Alone Restaurant with Patio

1905 Waddle Rd, State College, PA 16803

Contact for pricing
7,000 sqft

Standalone restaurant building with dedicated patio seating for foodservice concepts.

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Centre Hall, PA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Centre Hall, PA on our real estate platform. These investment opportunities span a total of 33,486 square feet of properties for sale, with an estimated market value of $1,777,000.

Sale prices for conventional restaurants in Centre Hall, PA average $1,777,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 4,774
Population Growth (5Y) +9.9%
Median Household Income $73,810
College Educated 42.7%

High-Yield Neighborhoods for Investment

Identify Centre Hall submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
16828 $1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Centre County

New Delisted

Total CRE Inventory on Market (SF)

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