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Property profile & analytics
OFF-MARKET
Turn key restaurants

1000 Fillmore Rd State College, PA 16803-3708

1.09 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US73-3779850
Property summary
AI-generated overview

This exceptional offering encompasses a thriving, 50-seat, farm-to-table restaurant and a fully operational, sustainable farm on approximately 27 acres in Patton Township, State College, PA. Built in 2019 to Living Building Challenge standards, the property includes a restaurant, barn, gazebo, outdoor kitchen, a two-bedroom, two-bathroom apartment, two greenhouses, a solar array, tractor shed, and a tiny house. The sale includes all assets: farm equipment, restaurant business, business name, intellectual property, goodwill, furniture, fixtures, and equipment (FF&E), marketing rights, signage, leasehold improvements, lease rights, livestock, and the solar system. A Pennsylvania liquor license is also included. The property boasts a net-zero energy system with dual solar arrays, providing excess energy to the grid. The farm utilizes regenerative farming practices, including approximately four to six acres of in-ground vegetable fields, four acres of cover-cropped areas, agroforestry integration, a fruit orchard, and thirty acres for rotational grazing pastures. A community supported agriculture (CSA) program and online produce market further enhance the business model. An additional 26-acre ground lease is available with a purchase option. This turnkey operation offers a unique opportunity to acquire an established, profitable business with significant growth potential in a desirable location near a major university, benefiting from both residential and business growth opportunities. The property's educational component, including cooking classes and farm operation tours, adds another revenue stream and community engagement opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 1.09 ac (47,480 SF)
APN 18-002-,080-,0001-
UPID US73-3779850
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
Current use
Occupant on record · Public records
  • Windswept Farm Food Processing Plant
  • RE Farm Cafe at Windswept Farm Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
GERARD F GASTIGER
GERARD F GASTIGER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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