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    259 Venango Ave Cambridge Springs, PA 16403

    For Sale
    $140,000

    Turn-key restaurant, fully renovated. Excellent location.

    Property size:
    2,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 2,300 square foot mixed-use building, located at 259 Venango Ave, Cambridge Springs, PA 16403, presents a fantastic opportunity. Completely renovated in 2020, this property boasts numerous upgrades including new PEX & PVC plumbing, 220V/3-phase electric, a new gas furnace and electric central air conditioner, full insulation, updated interior finishes and lighting, two new restrooms, an expanded kitchen, new hood fans, and a rough-edge timber bar. The building features ample seating: approximately 68 indoor seats, approximately 14 bar seats, and approximately 40 outdoor seats. All equipment is included in the sale price of $140,000. Situated on a 0.13-acre lot zoned B-1 (Central Business District), the property offers convenient access to public utilities. Parking is readily available with three spaces in a private lot, five free street parking spaces, and an additional public lot with 8-10 spaces located 135 feet away. A 3D tour and floor plan are available upon request. The property is also available for lease at $12.00 per square foot per year (approximately $2,300 per month), plus taxes, snow removal, lawn care, and utilities. This single-story, 1998-built building (APN: 16-0-005210 & 16-0-005212) is currently vacant.

    Property Features for 259 Venango Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,300 SF
    Class
    C
    Lot Size
    5,663 SF

    Building Details

    Year Built/Renovated
    1998/2020
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2,300 SF turnkey restaurant available.
    • Completely renovated in 2020 with numerous upgrades.
    • Seating for 68 indoors, 14 at the bar, and 40 outdoors.
    • All equipment included in the sale.
    • 0.13‑acre lot, B‑1 Central Business District zoning.
    • Public utilities available; 3 private parking spaces plus 5 free street spaces; additional public lot nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge Springs
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.058970385997
    Latitude
    41.803443036633

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    FAQs

    What type of property is this?
    Individual retail property - Turn-key restaurant, fully renovated. Excellent location.
    Where is this individual retail property located?
    The property is located at 259 Venango Ave Cambridge Springs, PA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 2,300 SF turnkey restaurant available.; Completely renovated in 2020 with numerous upgrades.; Seating for 68 indoors, 14 at the bar, and 40 outdoors.
    Request Owner's contact information
    259 Venango Ave Cambridge Springs, PA 16403
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    Realmo Value Estimation

    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.

    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.

    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
    259 Venango Ave Cambridge Springs, PA 16403
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