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Property profile & analytics
FOR SALE
Turn key restaurants

3434 Route 646 Gifford, PA 16732

0.34 ac lot
Individually Owned 13-yr Hold ~ Est. High Equity
Property ID
US73-4680675
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.34 ac (14,810 SF)
APN 24-020. -162.00.
UPID US73-4680675
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Douglas D Smith · 13 yrs held
Douglas D Smith
since 2012
1 recorded transaction
2012
$15,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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