Restaurant with Business
For Sale
$740,000
12499 BENNETTS VALLEY HWY, Penfield, PA 15849
The offering combines an operating restaurant facility with its business contents, liquor license, and recipes.
Property Size3,120 SF
Lot Size39.00 Acres
Days on Market8
Property Features for 12499 BENNETTS VALLEY HWY
General Information
Standard status
Active
Size
3,120 SF
Lot size
39.00 Acres
Property subtype
Commercial
Financials
Asking Price
$740,000
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$3,856
Building Details
Building Size
3,120 SF
Year Built
1972
Listing Agency:
COLDWELL BANKER DEVELOPAC REALTY
Listed By:
Jason Senior · License #RS360897
(814) 771-9021
Source:
Nelsonrealtypa
Added: Oct 6
Changed: Oct 11
Last Checked: Oct 13 at 1:16AM
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 COLDWELL BANKER DEVELOPAC REALTY
Investment Insights
Based on property information with market context.
A restaurant property on approximately 39 acres in Penfield includes the real estate, restaurant business, building contents, a Pennsylvania liquor license, and Applewood BBQ recipes. The building dates to 1972. The included business materials support continuation of the existing restaurant operation or use under a different concept.
The property fronts Route 255, also known as Bennetts Valley Highway, and is described as having access to Interstate 80. State parks, forests, and outdoor recreation destinations are in the surrounding region, with the Benezette and Elk Country area nearby.
The property fronts Route 255, also known as Bennetts Valley Highway, and is described as having access to Interstate 80. State parks, forests, and outdoor recreation destinations are in the surrounding region, with the Benezette and Elk Country area nearby.
Key Highlights
- Approximately 39 +/- acres
- Sale includes restaurant business, real estate, building contents, PA liquor license, and recipes
- Located along Route 255/Bennetts Valley Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,404
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,080
$588.1K
Cap Rate 7%
$420,057
$420.1K
Cap Rate 9%
$326,711
$326.7K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$43.8K $14.04/SF
− Vacancy
−$4.6K −$1.47/SF
EGI
$39.2K $12.57/SF
− OpEx
−$9.8K −$3.14/SF
NOI
$29.4K $9.42/SF
Area
Clearfield County, PA
Vacancy
10.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,080
Cap Rate 7%
$420,057
Cap Rate 9%
$326,711
Alternative Uses
Best Use
Specialty Retail
$420.1K
$367.6K – $490.1K
NOI $29,404 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.0K
$602.0K – $802.7K
NOI $48,163 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15849, PA
1,195
Population
911
Households
1.3
Avg Household Size
49
Median Age
9%
College-Educated
92%
High-School Grad
77.0 sq mi
ZIP Area
16
Density / Sq Mi
$59,412
Median Household Income
$42,794
Median Earnings
$917
Median Rent
$106,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Conventional restaurant - The offering combines an operating restaurant facility with its business contents, liquor license, and recipes.
Where is this conventional restaurant located?
The property is located at 12499 BENNETTS VALLEY HWY Penfield, PA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Approximately 39 +/- acres; Sale includes restaurant business, real estate, building contents, PA liquor license, and recipes; Located along Route 255/Bennetts Valley Highway
