160-164 Wades Run Rd - Restaurant FOR SALE


Mount Morris, PA 15349
$550,000 USD
304-216-6926
160-164 Wades Run Rd, Mount Morris, PA for Sale
$550,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

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160-164 Wades Run Rd
Mount Morris, PA 15349


HIGHLIGHTS

  • Business sale includes the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory
  • Security System (Restaurant)
  • Sprinkler System (In Kitchen)
  • Large Off-Street Parking Area

OVERVIEW

Located in the heart of the Mount Morris community, this unique investment opportunity includes two buildings and one storage shed, anchored by the long-standing and established Sorella’s Pizza restaurant operation. The offering presents an excellent opportunity for an owner-user or investor seeking a turnkey commercial property with additional residential and storage components. This offering includes both the real estate and business assets, including the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory transfer associated with the business. With strong community presence, functional improvements, and flexible future potential, the property is well-positioned for continued restaurant operation or future redevelopment opportunities. Features and Amenities • Built in 1940, Renovated in 2018-2021 • 1,328 (+/-) Gross Square Feet • 880 (+/-) Square Feet via Restaurant Building (160 Wades Run Road) • 440 (+/-) Square Feet via Residential Building (164 Wades Run Road) • Small Storage Shed • Multiple Off-Street Parking Areas to Accommodate 20 (+/-) Vehicles • ADA Accessible • Business sale includes the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory • Security System (Restaurant) • Sprinkler System (In Kitchen at Restaurant)

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Restaurant Investment Sale | Sorella's Pizza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

No Zoning

APN/PARCEL ID

20-000893,20-075702

ASK ABOUT THIS PROPERTY

Anna CarrierBlack Diamond RealtyMore Info
304-216-6926

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Anna CarrierBlack Diamond RealtyMore Info
304-216-6926

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