225 Owego Turnpike - Restaurant FOR SALE


Waymart, PA 18472
$650,000 USD
570-647-5045
225 Owego Turnpike, Waymart, PA for Sale
$650,000 USD
Restaurant - FOR SALE
1/69
null | Request Cap Rate

225 Owego Turnpike
Waymart, PA 18472


HIGHLIGHTS

  • Prime Location
  • Private Restrooms
  • Accessible Entrance

OVERVIEW

If you have been dreaming about owning and operating an established bar and restaurant in Wayne County, this is the opportunity to step into a business that already has the location, reputation, atmosphere, and strong hometown presence in place. Crossroads Bar and Restaurant in Waymart has been successfully operated by the current owners for decades and is known for its full menu, nightly specials, delicious drinks, happy hour, friendly service, and welcoming atmosphere. It has become a popular local gathering place for great food, drinks, and nightlife, and now the opportunity is here for the next owner to take the reins. Why start from scratch when you can purchase a successful establishment and begin operating from day one? The property is being sold completely turnkey, fully furnished, with contents, equipment, and a valuable full liquor license included. The main level features a huge U-shaped bar, spacious dining areas, a pool area, four individual restrooms, a large commercial kitchen, separate dishwashing area, walk-in cooler, and excellent storage. A huge screened-in porch adds even more space for dining, entertaining, and gathering. The location is a major advantage, positioned at the highly visible intersection of Owego Turnpike and Belmont Turnpike with nearly 300 feet of frontage along Belmont Turnpike and almost 150 feet along Owego Turnpike. A large parking area provides plenty of room for customers and staff. Upstairs, a spacious two-bedroom, one-bathroom apartment with a kitchen, living area, and private entrance creates an excellent live-and-work setup or additional rental income opportunity. This is more than a building. It is an established Waymart business with years of successful operation, a strong local reputation, valuable liquor license, and everything already in place for the next owner to continue the tradition, bring their own ideas, and step right in and operate from day one.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Crossroads Bar and Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

001951

ASK ABOUT THIS PROPERTY

Tim MeagherRE/MAX WayneMore Info
570-647-5045

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Tim MeagherRE/MAX WayneMore Info
570-647-5045

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