505 Main St Towanda, PA 18848-1611
Property profile & analytics
505 Main St Towanda, PA 18848-1611
- Retail space
- 0.02 lot acres
Property ID
US73-3163138
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.
Location Intelligence
Current Use by Public Records
- Vincents Pizza / Restaurant
Property Details for 505 Main St
- Lot size
- 0.02 lot acres
- Property type
- Retail space
- APN
- 47-086.04-012-000-000
- APU
- 4708604012000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Towanda
- County
- Bradford
- State
- Pennsylvania
- Longitude
- -76.4429
- Latitude
- 41.7652
- CBSA code
- 42380
- CBSA name
- SAYRE, 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
$1,553
$0.00
$0.00
$18,750
-
$0.00
$0.00
$37,472
