116 Indiana St Punxsutawney Area School District, PA $ 1,750,000
116 Indiana St
$ 1,750,000
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116 Indiana St

Punxsutawney Area School District, PA, 15767
$ 1,750,000
Baths0.0

Monthly Estimate*

$ 11,631

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Studio Commercial Property for sale in Punxsutawney Area School District, PA for $1,750,000. This building was built in 1998 on a lot size of 1.23.

Well known income producing Family Style Restaurant with nationally recognized name. This turnkey restaurant was built in 1998. All equipment, inventory and souvenir sales are included with this listing. Large paved parking lot that accommodates approximately 60 cars. Large lighted sign marks the location along SR119 in Punxsutawney Borough. The walk in cooler and freezer were replaced three years ago. The public bathrooms were remodeled three years ago. Sale includes 48 X 30 building that is currently used for storage of additional restaurant equipment. The restaurant can seat up to 160 customers.

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,191

Style

Business

Lot Size

1.23

Year Built

1998

Town/City

Punxsutawney Area School District

County/Region

JEFFERSON-CLEARFIELD

MLS | Web ID

1638405

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning Comm
Security Features Fire Sprinkler System
Construction Materials Brick
Year Built 1998
Property SubType Business
Business Type Restaurant
Business Name Punxsy Phil's Cake and Steak
County Jefferson/Clearfield
Property Type Commercial Sale
Status Active
Directions Restaurant is located on the the south side of Punxsutawney Borough on State Route 119
City Punxsutawney Area School District
Zoning Description Comm
MLS Area Punxsutawney Area School District
Street Name Indiana St
Tax Annual Amount 11191
MLS Area Minor Punxsutawney Area School District
Virtual Tour https://youtu.be/XBhbOnhkgHc https://youtu.be/XBhbOnhkgHc
Standard Status Active
Tax Assessed Value 209800
Property Sub Type Additional Business
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Exterior
Total Parking 60
Lot Size Area 1.23
Lot Dimensions 1.23
Lot Size Acres 1.23
Lot Size Units Acres
Road Frontage Type Highway
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Interior
Total Baths 0
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Carl Medsger

Listing Agent

Berkshire Hathaway The Preferred Realty

Broker

cmedsger@tprsold.com

Email

Affordability Calculator

$12,564
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
$933
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
630622 Elementary School
630765 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2024$1,750,000 Listed Price

Map


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116 Indiana St, Punxsutawney Area School District, PA, 15767 is a Commercial Property for sale at $1,750,000 with a lot size of 1.23. 116 Indiana St is a studio with 0.0 baths and was built in 1998. The property's zip code is 15767 which is in Punxsutawney Area School District, PA