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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

709 Main St Portage, PA 15946-1714

0.13 ac lot
Individually Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US73-2598059
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Portage, Pennsylvania, is priced at $249,900. Located at 709 Main St, this 5,000 square foot, single-story building sits on a 5,850 square foot lot. Built in 1930, the property is zoned commercial and features a fully equipped, updated stainless steel kitchen, including a walk-in cooler and freezer. New flooring and renovated restrooms enhance the space. The current Italian restaurant is operational and includes all assets in the sale price. The layout offers a bar area, ample seating for dine-in customers, and a designated buffet zone. Additional space is available for hall rentals and catering services, presenting diverse revenue streams. This owner-user investment is immediately available, offering a seamless transition for a new owner. The property's prime location on Main Street in Portage, Cambria County, PA 15946 (40.3686632, -78.6455475) ensures high visibility and accessibility. This is a rare chance to acquire an established, profitable business with all equipment and fixtures included, ready for immediate operation. The asking price of $49.98 per square foot reflects the value and potential of this unique opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Lot 0.13 ac (5,850 SF)
APN 047 027142
UPID US73-2598059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nicholas Sekerak · 10 yrs held
Nicholas Sekerak
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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