Established Restaurant with Living
For Sale
$600,000
283 Chestnut St, Meadville, PA 16335
Turn-key Italian restaurant with apartments and development potential in Meadville.
Property Size9,750 SF
Lot Size0.11 Acres
Price / SF$61.54
Days on Market891
Property Features for 283 Chestnut St
General Information
Standard status
Active
Size
9,750 SF
Lot size
0.11 Acres
Property subtype
Business Opportunity
Taxes and HOA fees
Annual Taxes
$6,571
Listing Agency:
ERA Richmond Real Estate - Titusville
(814) 827-7355
Listed By:
Leslie Berger · License #AB065866
(814) 337-6000
Source:
Exprealty
Added: Apr 5, 2024
Changed: Sep 10
Last Checked: Sep 12 at 11:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Richmond Real Estate - Titusville
Investment Insights
Based on property information with market context.
This property features the Mannino Italian Garden Restaurant, a well-established business operating since 2010. The sale includes all equipment, furnishings, and real estate. In addition to the restaurant, the property includes a private owner's apartment, a garage, and a second apartment. A large space on the second floor offers potential for further development into living space, an art studio, or storage. The building has updated wiring and a full basement in the front brick section. The property is located in the heart of Meadville, adjacent to a public parking lot. The restaurant operates as a BYOB establishment, not requiring a liquor license. The total space encompasses approximately 9750 square feet across two attached buildings. The zoning is MU-3. The owner/chef is willing to provide training for a fee.
Key Highlights
- Turnkey, well‑established Italian restaurant (Mannino Italian Garden Restaurant since 2010) including all equipment, furnishings, and real estate.
- Additional real estate includes a private owner's apartment, garage, and a second apartment, providing immediate rental income or living options.
- Substantial space (approx. 9750 sqft in 2 attached buildings) with a large second‑floor area offering development potential for living space, art studio, or storage.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,521
Businesses Nearby
221k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 30%
Superstores 13%
Groceries 11%
Big Lots
Superstores
29,288 visits/mo
0.2 miles
McDonald's
Dining
25,190 visits/mo
0.2 miles
Tops Friendly Markets
Groceries
22,767 visits/mo
0.3 miles
Country Fair
Shops & Services
19,683 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,427 visits/mo
0.4 miles
Demographics for 16335, PA
27,452
Population
12,547
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
240
Density / Sq Mi
$58,531
Median Household Income
$32,692
Median Earnings
$892
Median Rent
$149,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Turn key restaurant - Turn-key Italian restaurant with apartments and development potential in Meadville.
Where is this turn key restaurant located?
The property is located at 283 Chestnut St Meadville, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Turnkey, well‑established Italian restaurant (Mannino Italian Garden Restaurant since 2010) including all equipment, furnishings, and real estate.; Additional real estate includes a private owner's apartment, garage, and a second apartment, providing immediate rental income or living options.; Substantial space (approx. 9750 sqft in 2 attached buildings) with a large second‑floor area offering development potential for living space, art studio, or storage.
