655 Route 61, Orwigsburg, PA 17961
This 3,500 square foot restaurant, located at 655 Route 61 in Orwigsburg, Pennsylvania, is a fantastic opportunity for a savvy investor. Priced at $899,900, this fee simple property sits on a 3.9-acre lot and boasts 50 parking spaces. Built in 1958, the building features a spacious second-story owner's quarters, a large basement ideal for storage, and central air conditioning. The restaurant is fully equipped and includes inventory, the business name, and a liquor license – everything needed to immediately resume operations. The property has a COMM zoning designation, offering potential for various uses (verification with the Orwigsburg borough zoning department is recommended). Heating is provided by propane (owned) and baseboard electric, while hot water is electric. The building has copper plumbing, a shingle and rubber roof, and is served by a 200+ amp electrical service. On-site septic and a well provide water and sewer services. Annual property taxes are $5,747 (2023). The property is conveniently located on Route 61, offering excellent visibility and accessibility. Handicap parking is available. This turn-key operation seats approximately 150 patrons. The Blue Mountain School District serves the area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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