115 Ludlow St Warren, PA 16365
For Sale
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This exceptional restaurant opportunity is located at 115 Ludlow Street in Warren, Pennsylvania, a high-traffic area where Routes 6 and 62 converge. The former Perkins restaurant boasts a prime location, easily accessible to travelers exiting the highways and situated on a 1.58-acre lot with 81 parking spaces. Ludlow Street connects directly to Pennsylvania Avenue, Warren's main thoroughfare, ensuring high visibility and convenient access for customers. The property's size and ample parking make it ideal for a variety of restaurant concepts. Warren County, with a population of approximately 38,000, offers a stable local economy supported by manufacturing, retail, and service sectors. Its location near the Pennsylvania-New York border and robust infrastructure, including major highways and a regional airport, further enhance its appeal. This presents a unique chance to establish a thriving business in a community with strong community ties and a charming small-town atmosphere. The property's history as a successful restaurant provides a solid foundation for future success, offering significant potential for a new operator. The asking price is $550,000.
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Mama Jane's Eatery Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.