701 Main St Portage, PA 15946
Property Lookup
Property profile & analytics
701 Main St Portage, PA 15946
- Turn key restaurants
- 0.15 lot acres
Property ID
US73-1951108
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
- Royal Ballroom / Take-out & Catering / Catering Service
Property Details for 701 Main St
- Lot size
- 0.15 lot acres
- Property type
- Turn key restaurants
- APN
- 047 026809
- APU
- 47026809
Description
Exceptional investment opportunity in Portage, PA! This 5,500 square foot, two-story building, situated on a 6,600 square foot lot at 701 Main St, is zoned commercial and offers a unique blend of established business and high-potential rental income. Currently operating as a successful catering hall and rental space, the property includes a fully equipped, stainless steel industrial kitchen, ready for immediate restaurant use or continued operation as is. All existing tables, chairs, decorations, buffet, and dishes are included in the sale. The expansive 5,000 square feet of ground floor commercial space presents endless possibilities. Upstairs, five one-bedroom apartments offer significant rental income potential, currently needing finishing. Each apartment could command $500-$550 monthly rent. The building boasts a newer roof, city water and sewer, natural gas heat, and central air conditioning. Built in 1930, this well-maintained property is priced at $299,000 ($54.36/sq ft). Any existing contracts will transfer with the sale. The seller is open to selling the building with or without the kitchen equipment. This is a rare chance to acquire a turnkey restaurant with substantial upside in a desirable location. Don't miss this chance to own a piece of Portage's history and future.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Cambria
- State
- Pennsylvania
- Longitude
- -78.6726
- Latitude
- 40.3865
- CBSA code
- 27780
- CBSA name
- JOHNSTOWN, PA METROPOLITAN 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
$3,255
$6,200
$25,940
$32,140
-
$6,200
$25,940
$32,140
