116 Indiana St Punxsutawney, PA 15767-1925

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.