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    4476 Business 220 Bedford, PA 15522

    For Sale
    $1,545,000

    Restaurant, Bar, Medical Office - Turnkey

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,000 square foot mixed-use property, located at 4476 Business 220 in Bedford, Pennsylvania, presents a unique investment opportunity. Built in 1954 with multiple renovations, this single-story building sits on a 0.97-acre lot and boasts 100% occupancy. Currently operating as a full-service restaurant with a liquor license, it features a large kitchen, walk-in coolers and freezer, and a basement for ample storage. The spacious interior includes seating for approximately 250 patrons, multiple dining areas, a lounge, and banquet/meeting rooms. The property also benefits from a substantial parking lot. This established business, successfully operating for 65 years, offers a turnkey operation including all real estate, equipment, and the valuable liquor license. Its prime location at the Bedford Turnpike Interchange, directly between the turnpike and Interstate 99, ensures high visibility and traffic. The absence of zoning restrictions in Bedford Township provides flexibility for future uses. The seller will also consider a land lease. This is a rare opportunity to acquire a well-maintained, profitable property with significant potential for continued success or repurposing. The asking price is $1,545,000, with a price per square foot of $171.67.

    Property Features for 4476 Business 220

    General Information

    Property type
    Restaurants
    Square Feet
    9,000 SF
    Lot Size
    42,253 SF

    Building Details

    Year Built
    1954
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Liquor License included.
    • High‑traffic location, directly between Bedford Turnpike Interchange and I‑99.
    • Unzoned property in Bedford Township.
    • Established full‑service restaurant.
    • 0.972‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Food Market Hotel & Motel Grocery Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Bedford
    State
    Pennsylvania
    Longitude
    -78.511063437521
    Latitude
    40.056488909018

    Nearby Comparable

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    • $1,100,000
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      Retail Property in Bedford, PA

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    FAQs

    What type of property is this?
    Restaurant - Restaurant, Bar, Medical Office - Turnkey
    Where is this restaurant located?
    The property is located at 4476 Business 220 Bedford, PA.
    What is the asking price?
    The asking price for this property is $1,545,000.
    What are key features of this property?
    This property features: Liquor License included.; High-traffic location, directly between Bedford Turnpike Interchange and I-99.; Unzoned property in Bedford Township.
    Request Owner's contact information
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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
    4476 Business 220 Bedford, PA 15522
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