878 US-22 - Restaurant FOR SALE


Lewistown, PA 17044
$499,000 USD
814-880-6754
878 US-22, Lewistown, PA for Sale
$499,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

878 US-22
Lewistown, PA 17044


HIGHLIGHTS

  • 4,259 sq ft building on 4.35 acres of prime real estate.
  • Ample parking and long-term staff ready to continue.
  • Open to negotiation and possible seller financing.
  • Iconic local establishment with expansion potential.

OVERVIEW

Own a Piece of Mifflin County History: Iconic Red's for Sale Opportunity awaits with the chance to become your boss by acquiring Red's Diner. This iconic establishment is now on the market, offering a 4,259 sq ft building on 4.35 acres of prime real estate. Key Features: The property boasts ample space with 4,259 sq ft, ensuring plenty of room for business operations and potential expansion. Enjoy the convenience of ample parking, accommodating patrons without hassle. Benefit from the expertise of two long-term employees, one with over 30 years of loyal service, who are eager to continue their contributions under new ownership. Serious buyers can request detailed financial information to assess the business's potential and profitability. The seller is open to negotiation and welcomes offers, aiming to facilitate a smooth transition and a mutually beneficial transaction. Explore the possibility of seller financing, providing additional flexibility and facilitating the purchase process. Red's holds a special place in the community, known for its rich history and local charm. With 4.35 acres at your disposal, there is ample room for potential expansion or diversification of business offerings. Seize this rare opportunity to own a piece of local history and shape its future. Contact us today to request financials, schedule a viewing, or discuss how we can assist you in making Red's your next successful venture.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red's Diner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

6.14 AC

LAND SF

267,548 SF

ZONING

commercial

APN/PARCEL ID

16-36-0110-000

ASK ABOUT THIS PROPERTY

Jo Ann SmithKeller Williams Advantage RealtyMore Info
814-880-6754

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Jo Ann SmithKeller Williams Advantage RealtyMore Info
814-880-6754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.