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    115 Main St Mount Morris, PA 15349

    Sponsored
    For Sale
    $320,000

    Mixed Use - Mount Morris, PA

    Type:Mixed Use
    Property size:
    2,250 SF
    Lot size:
    0.50 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 3 at 12:06 pm

    Property Features for 115 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Security features
    Security System
    Zoning
    None
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Gas Stove Connection, washer Connection, electric Dryer Connection, icemaker Connection, 9ft+ Ceiling, other, public Restrooms, living Space Available, security System
    Exterior features
    Crawl Space, Handicap Design
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Other
    Size
    2,250 SF
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Block, Frame
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    ANNA MARIE STEPHENS
    ANNA MARIE STEPHENS

    Howard Hanna Premier Properties By Barbara Alexander, LLC (304) 594-0115

    Listing agent ANNA MARIE STEPHENS (304) 594-0115 License #WV0010122

    Listing date Mar 2, 2026

    MLS# 10163536 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Restaurant Opportunity in Mount Morris

    This is a turnkey restaurant, bakery, coffee shop, or pizza business opportunity located in a custom-built building with views just off the I-79 Mt. Morris, PA exit. The well-established location currently operates as a bakery and café serving breakfast, lunch, catering and specialty dinners. The space offers flexibility for a variety of concepts. The lower level is presently leased as a 1-bedroom apartment, providing additional income, but has previously been utilized for restaurant expansion, cooking classes and a tasting room. The property is located at 115 Main Street, Mount Morris, PA 15349, in Greene County, PA. The property size is 2250 square feet and the lot size is 0.497 acres. Continue the existing successful business model or bring your own vision to life in this versatile commercial property. Partial assumable financing is available to qualified buyers and business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sweet Baby's at Rising ... Bakery

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Pharmacy Electrical Service Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Greene
    State
    Pennsylvania
    Longitude
    -80.070197
    Latitude
    39.73264

    Nearby Similar for Sale

    • $2,400,000
      14,716 SF

      Mount Morris Mixed-Use Property

      14,716 SF, Renovated, 11 Acres
      145 School Rd, Mount Morris, PA 15349
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established restaurant/bakery with apartment, great location, endless possibilities!
    Where is this restaurant located?
    The property is located at 115 Main St Mount Morris, PA.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Turnkey restaurant/bakery/coffee shop/pizza business opportunity in a custom-built building.; - Well-established location with existing successful business model (bakery and café).; - Lower level 1-bedroom apartment provides additional income or restaurant expansion potential.
    (304) 290-4569
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    115 Main St Mount Morris, PA 15349
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    Mount Morris, PA 15349
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Main St Mount Morris, PA 15349
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    We can help!
    Listing Contact
    ANNA MARIE STEPHENS
    ANNA MARIE STEPHENS
    Real Estate License ID: WV0010122
    (304) 290-4569 (304) 594-0115
    Learn more
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