Punxsy Phil's Cakes & Steaks 116 Indiana St

116 Indiana St , Punxsutawney, Pennsylvania, 15767 | 4,405 sq.f | $ 1,750,000

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About This Restaurant

Investment Highlights

Executive Summary

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 yearsago. Sale includes 48 X 30 building that is currently used for storage of additional restaurant equipment. The restaurant can seat up to 160 customers.

Property Details

  • Sale Type    Owner User
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,405
  • Building Class    C
  • Year Built    1998
  • Price    1,750,000
  • Price Per SF    397
  • Building Height    1 Story
  • Building FAR    0.08
  • Land Acres    1.23 AC

Amenities

  • Signage

Property Taxes

Parcel Number 24-001-0115 Improvements Assessment $37,800 (2024)
Land Assessment $209,800 (2024) Total Assessment $11,191 (2.54/SF)
Date Created: 2024-07-16 04:23:34 Last Updated: 2024-07-16 04:23:34
Address: 116 Indiana St , Punxsutawney, Pennsylvania, 15767