116 Indiana St Punxsutawney, PA 15767-1925
Property profile & analytics
116 Indiana St Punxsutawney, PA 15767-1925
- Commercial real estate
- 1.23 lot acres
Property ID
US73-4664889
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 116 Indiana St
- Lot size
- 1.23 lot acres
- Property type
- Commercial real estate
- APN
- 24-001-0115
- APU
- 240010115
Description
This exceptional commercial property presents a unique investment opportunity in the thriving Punxsutawney Borough. Located on SR119, this well-established family-style restaurant boasts a highly visible location with significant foot and vehicle traffic. The property includes a substantial 1.23-acre lot providing ample parking for approximately 60 vehicles. A large, illuminated sign ensures high visibility for potential customers. The main building, constructed in 1998, offers comfortable seating for up to 160 patrons, creating a spacious and welcoming dining environment. In addition to the main restaurant, a separate 48 x 30 foot building provides valuable storage space, enhancing operational efficiency. The restaurant operates under a nationally recognized name, suggesting a strong brand reputation and established customer base. This turnkey operation offers a rare chance to acquire a profitable business with significant growth potential in a desirable location. The property's size and features make it ideal for continued operation as a restaurant or for potential redevelopment into other commercial ventures. The combination of a prime location, established brand recognition, and substantial building size makes this a truly compelling investment opportunity. The asking price is $1,250,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Punxsutawney
- County
- Jefferson
- State
- Pennsylvania
- Longitude
- -78.9734
- Latitude
- 40.9407
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,390
$37,800
$172,000
$209,800
-
$37,800
$172,000
$209,800
