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113 W WATER STREET, Muncy, PA 17756

$695,000
Property Type: Commercial Sales Baths: 2 Square Footage: 2,306 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $695,000 List Date: 7/20/2023 Last Modified: 3/04/2024

Description

What started as a conversation between two friends has turned into one of Lycoming County and central PA's most successful bar/restaurants. With over 20 plus years of profitability, a recognized brand, and a great reputation for quality food, the current owners would like to retire and pass their legacy on to the next generation of entrepreneurs. This business opportunity comprises 2 parcels to include the parking lot to the left of the restaurant looking from West Water St., and the restaurant itself with the liquor license, all restaurant and catering equipment,. To the right is a 4 unit apartment building fully rented with rental income of $2,580 per month that can be purchased for an additional $200,000.

More Information MLS# WB-97467

Contract Information

Auction: No Listing Contract Date: 2023-07-20 Status: Active List Price: $695,000 Current Price: $695,000 Assessed Valuation: 167250 Listing Service: Full Service

General Property Description

Apx Total Fin SqFt: 2306 SqFt Office: 50 SqFt Retail: 2256 Year Built: 2002 Lot Size Acres: 0.24 Lot SqFt: 10454 Stories: 2 Bathrooms Total: 2 # Parking Spaces: 40 Living Space: No

Location,Tax and Other Information

House #: 113 Street Direction Pfx: W Street Name: WATER Street Suffix: STREET County: Lycoming State: PA Postal Code: 17756 MLS Area: MUNCY Municipality: Muncy Boro Flood Zone: AE Zoning: R-3 Taxes: 4769.97 Subdivision Name: None Tax ID: 39-001-00116 Geo Lat: 41.205814 Geo Lon: -76.788801 School District: Muncy

Basement

Basement Access: Walk Up

Costs/Paid By

Taxes $: 4769.97 Taxes Paid By: Owner

Details

Property Assoc.: No Under Construction: No

Annual Income and Expenses

Exp - Taxes: 4769.97 Total Operating Exp: 4769.97

Land Use

Leased Lot: No

Showings

Media Permission: Yes

Property Features

Access: City Street; Interstate 1-5 Mile; Paved Street/Road Basement: Exterior Entry; Partial Characteristics: Sidewalks; Street Lights Construction: Block; Frame Cooling: Central Air Documents on File: Deed Description; Tax Card Electrical Service: 151-399 amps; Circuit Breakers Exterior Finish: Brick; Vinyl Siding Features: Ceiling 12-15 ft; Equipment; Exterior Signage; Fixtures; Furniture/Fixtures; Liquor License; Restroom - Public; Smoke Alarm; Turnkey Operation; Walk-In Cooler/Freezer Financing Considered: Cash; Conventional Floors: Carpet W/W; Wood Foundation: Block Garage Type: None Heating Type: Heat Pump Heating Fuel: Electric Roof Type: Shingle Sale Includes: Building; Business; Existing Leases; Land Sewer: Public Sewer Specialty Rooms: Banquet Facilities Type: Bar/Tavern/Lounge; Restaurant Water Source: Public
Listing Office: Adventure Realty
Office Phone: 570-505-3957
Listing Agent: Scott Johnson
Last Updated: March - 04 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information deemed reliable, though not guaranteed. All measurements are approximate.