Property profile

505 Main St Towanda, PA 18848

OFF-MARKET
Retail space
Property ID
US73-3163138
0.02 ac lot
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving Italian restaurant, Vincent's Pizza, located at 505 Main Street in Towanda, Pennsylvania, 18848. The property encompasses a 0.02-acre lot and includes a well-established restaurant with a loyal customer base and strong reputation for its pizza and Italian cuisine. The restaurant offers dine-in seating for eighteen patrons, a profitable takeout business, and local delivery services. All existing inventory, including original recipes, kitchen equipment, and furniture, conveys with the sale. Further enhancing the investment potential, the property features a leased games of chance operation, generating additional income streams. Above the restaurant is a beautifully remodeled two-story apartment, complete with a spacious kitchen, living room, laundry facilities, two bedrooms, and a full bathroom. This apartment offers the potential for owner occupancy or generates supplemental rental income. The asking price for this turnkey operation is $465,000. This is a unique chance to acquire a cornerstone business within the community and enjoy immediate cash flow. The property is zoned commercial and offers a rare blend of hospitality and residential income potential. The restaurant's established reputation and loyal customer base, combined with the additional income from the apartment and games of chance, make this a compelling investment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.02 ac (871 SF)
APN 47-086.04-012-000-000
UPID US73-3163138

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

505 Main St Towanda, PA 18848-1611
Towanda metro Census 951000 SAYRE, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2025
Last sale
$440,000
2 recorded transactions
2025
$440,000
2007
$65,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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