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    283 Chestnut St Meadville, PA 16335
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    Property profile & analytics

    283 Chestnut St Meadville, PA 16335


    • Investment properties
    Established Restaurant with Development Potential For Sale
    $600,000
    7,313 SF

    Established Restaurant with Development Potential

    Turnkey restaurant with apartments and development space in Meadville.

    283 CHESTNUT Street, Meadville, PA 16335
    View Listing
    Property ID
    US73-4462399
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mannino Italian Garden / Restaurant

    Property Details for 283 Chestnut St

    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    18837
    APU
    18837

    Description

    This exceptional business opportunity encompasses a thriving Italian restaurant, established in 2010, situated in the heart of Meadville, PA. The sale includes all equipment, furnishings, and the real estate itself, presenting a turnkey operation ready for immediate success. The property boasts approximately 7,313 square feet of space, with an additional approximately 2,437 square feet in a connected building, totaling approximately 9,750 square feet. This substantial space includes a fully equipped restaurant, a private owner's apartment, a second apartment, and a large, undeveloped second-floor area offering significant expansion potential for additional living space, an art studio, storage, or other uses. A full basement is present in the brick building. The property sits on a 0.11-acre lot with convenient access to a public parking lot. All electrical wiring has been updated. The restaurant operates on a BYOB basis, eliminating the need for a liquor license. The current owner/chef is available to provide training for a fee, ensuring a smooth transition for the new owner. The zoning is MU-3. This remarkable property offers an unparalleled opportunity for a savvy investor or restaurateur seeking a well-established business with significant growth potential. The impressive interior is a must-see.


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    Location Insight

    • Map
    • Local Demand
    City
    Meadville
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.1518
    Latitude
    41.6383
    CBSA code
    32740
    CBSA name
    MEADVILLE, PA MICROPOLITAN STATISTICAL AREA

    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
    $3,663
    $22,250
    $41,150
    $63,400
    -
    $29,700
    $54,899
    $84,599
    View Listing
    More about this property
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