Property profile

101 Washington St Johnstown, PA 15901

OFF-MARKET
Bars & Pubs
Property ID
US73-3359373
0.03 ac lot Built 1925
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey hospitality business, located at 101 Washington Street in the revitalized downtown Johnstown, Pennsylvania, presents a unique investment opportunity. Priced at $172,500, this property includes a bustling bar and restaurant with a newly added second-floor kitchen, perfect for expanding operations or creating additional revenue streams. The property also boasts a newer outdoor pavilion, ideal for hosting live music and events, extending the entertainment options and increasing customer capacity. Recent improvements include a new metal roof and a refreshed facade, ensuring the building is well-maintained and aesthetically pleasing. Ample parking is readily available on the adjoining lot, a significant advantage in a busy downtown area. The sale includes not only the building and land but also the existing liquor license, all equipment, furniture, and fixtures, making this a truly seamless transition for a new owner. The unique open-air patio extends the licensed area outdoors, providing additional seating and ambiance. This property is situated in a thriving area of Johnstown, benefiting from the ongoing revitalization efforts in the historic downtown. All prospective buyers will need to sign a non-disclosure agreement before receiving financial details. This is a rare opportunity to acquire a well-established and profitable business in a prime location. Don't miss out on this chance to own a piece of Johnstown's vibrant hospitality scene.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1925
Lot 0.03 ac (1,118 SF)
APN 072 000288
UPID US73-3359373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • Bar & Pub
  • General Contractor Renovation Specialist

Location

101 Washington St Johnstown, PA 15901-1530
Johnstown metro Census 100 JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2025
Last sale
$25,000
4 recorded transactions
2025
$600,000
2025
Price N/A
2020
$25,000
2017
$11,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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