505 Main St Towanda, PA 18848-1611
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.
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Vincents Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.