3434 Route 646 Gifford, PA 16732
This thriving bar and restaurant located at 3434 Route 646 in Gifford, PA, presents a unique investment opportunity. Boasting 2,574 square feet on a 0.92-acre lot, this turnkey operation is ready for immediate ownership. The property includes a fully equipped kitchen featuring dishwashers, ovens, stoves, freezers, refrigerators, prep stations, fryers, and ample sinks. A substantial 23x9 custom walk-in cooler ensures efficient food and beverage storage. The bar area is distinct from the dining room, offering flexibility for various operational styles. Additional features include a pool room (or extra seating), two sets of ADA-compliant restrooms, and a large outdoor deck. The building benefits from significant recent renovations, including in-floor radiant heating with a new boiler, new windows, a point-of-sale system, a tap system, security cameras, televisions, an acoustic system, and a Fire Ansul Suppression System. Ample parking is available. An unfinished upstairs apartment offers potential for extra income or residential use. A small loading dock with a man door off the kitchen provides convenient access. The property's location on a well-traveled road, coupled with its proximity to the Allegheny National Forest, ensures high visibility and potential for increased tourism-related business. The sale includes the liquor license, equipment, and inventory. Priced at $299,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
4 recent transactions · within 1.5 miComparable in this City
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Property description
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