240 Penn St

Investment Highlights

Great Street Presence Complete w/ Equipment & Liquor License Dramatic 25' ceilings over Bar area 249 Penn Street also available

Executive Summary

De'Carlo's Bar & Grille is offered for sale with or without 249 Penn Street across the street. Fully equipped turnkey business w/ R-License. Solid business with a long history of success. Prime Penn Street location. Complete renovation in 2016 and later. Brick and block exterior. Thermal pane glazed glass w/ glass storefront door. Open single story in front and two story structure w/ attic (in rear most portion). Some steel superstructure. New rubber membrane roof over a steel deck installed in 2006. One large rooftop HVAC unit to serve the bar area, a second, smaller unit, serves the rear service areas. Basement access is via outside bilco door w/ keg slide or stair under the center bar floor. The property presents very well and shows no signs of deferred maintenance. Fire Sprinkler system installed 1/4/2003.Visit naikeystone.com for accurate listing info.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Bar
• Building Size    3,522
• Year Built/Renovated    1925/2006
• Building Height    2 Stories
• Building FAR    1.02
• Land Acres    0.08 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Restaurant