315 Alumni Ave Harleysville, PA 19438
- Turn key restaurants
- 3,492 SF
- 0.29 lot acres
Current Use by Public Records
- Villa Vito / Italian Restaurant
Property Details for 315 Alumni Ave
- Year built
- 2009
- Lot size
- 0.29 lot acres
- Property size
- 3,492 SF
- Zone code
- R4
- Property type
- Turn key restaurants
- APN
- 50-00-00046-00-3
- APU
- 500000046003
Description
This exceptional Harleysville, PA property presents a unique investment opportunity. Located at 315 Alumni Avenue, this 0.29-acre retail space houses an established BYOB restaurant and catering business, currently equipped to comfortably seat 120 patrons. The main floor offers seating for 65-70 guests, complemented by an additional 45-50 seats on the second floor, including patio space. The sale includes the building and the existing business, offering a turnkey operation ready for immediate revenue generation. The well-equipped kitchen boasts freezers, an ice machine, ovens, and multiple burner stoves, ensuring efficient food preparation and service. The versatile space is ideal for a variety of uses, including business meetings, private parties, family reunions, and other special events. This is a rare chance to acquire a profitable, established business with a functional and spacious building. The property's prime location in Harleysville offers excellent visibility and accessibility. Additional property identifiers PAMC2114822 and PAMC2114842 are also available for purchase. This is a truly exceptional opportunity for an entrepreneur seeking a ready-made business with significant potential. The sale price is to be determined.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $380,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $305,000
- Mixed-Use
- $375,000
- Hospitality
- $380,000
- Educational
- $340,000
- Residential Income
- $310,000
- Energy
- $400,000
- Income-Based Land
- $310,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Harleysville
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3875
- Latitude
- 40.2781
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA