11 Ricky AveBloomsburg, PA 17815

For Sale
$2,000,000

Profitable Restaurant w/ Tesla Superchargers

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 4,685 square foot Ruby Tuesday restaurant and Tesla Supercharger station situated on a 1.81-acre lot in Bloomsburg, Pennsylvania. Located at 11 Ricky Ave, this single-tenant property boasts a prime location at the Interstate 80/PA 42 interchange, placing it within the heart of a thriving retail corridor. The property benefits from its proximity to major shopping centers like Columbia Mall (352,000 sq ft) and Buckhorn Plaza (382,000 sq ft), as well as numerous national retailers including Home Depot, Walmart, Lowe's, Marshalls, Petco, and Starbucks. The Ruby Tuesday restaurant, operating successfully since 2005, offers potential for increased rental income. The co-located Tesla Supercharger station, part of a network exceeding 17,000 individual chargers across the US (as of Summer 2023), provides a significant additional revenue stream and enhances the property's value. The property's strategic location also benefits from its proximity to Geisinger Health, employing over 600 people less than a quarter mile away, and Bloomsburg University of Pennsylvania, with over 7,000 students. Further upside potential exists due to Geisinger's planned $180 million orthopedic care facility near the Columbia Mall and its pending acquisition by Kaiser Permanente. The asking price for this owner-user investment is $2,000,000, translating to $426.89 per square foot.

Highlights

  • Prime location at I-80/PA 42 interchange, near Columbia Mall (352,000 SF) and Buckhorn Plaza (382,000 SF), and numerous national retailers.
  • Potential for increased rental income from Ruby Tuesday restaurant (under market rent).
  • High employee density: Geisinger Health (600+ employees) less than a quarter mile away.
  • Significant upside potential from Geisinger's planned $180 million orthopedic facility and potential Kaiser Permanente acquisition.
  • Proximity to Bloomsburg University (7,000+ students).

Property Details for 11 Ricky Ave

Property type
Other retail properties, Restaurants
Square Feet
4,685 SF
Buildings
1
Lot Size (sq. ft)
78,844 SF

Location Insight

City
Bloomsburg
County
Columbia
State
Pennsylvania
Latitude
41.0164135
Longitude
-76.4918677
11 Ricky Ave, Bloomsburg, Pennsylvania

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11 Ricky Ave
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