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This exceptional opportunity presents the chance to acquire Neko's Bar & Grille, a thriving establishment located at 206 Elk Run, Punxsutawney, PA 15767. Established in 1998, this 1,584 square foot, single-story building sits on a 0.2-acre lot and includes 44 parking spaces. The property boasts a warm and inviting atmosphere, featuring timber frame accents and comfortably seating thirty-four patrons, with room for expansion. A fully equipped bar, complete with a long tap system, ice machine, and ample storage, is complemented by a functional kitchen equipped with freezers, coolers, workstations, a display for baked goods, and a fire suppression system. Additional amenities include a dedicated laundry room with washer and dryer, a safe, a leased commercial dishwasher, a Pepsi beverage dispenser, and two restrooms. A long black porch with a separate kitchen entrance facilitates easy deliveries. The sale includes all furniture, fixtures, and equipment, along with a valuable liquor license, making this a true turnkey operation. The property is zoned commercial and has a proven track record of success, offering immediate potential for continued growth and profitability. The asking price is $575,000, translating to $363.01 per square foot. Occupancy is available August 5th, 2024. This is a rare opportunity to own a well-established, profitable business with a loyal customer base in a desirable location.
Highlights
Established Neko's Bar & Grille, operating successfully since 1998.
Turnkey operation including all FF&E and liquor license.
1,584 SF building on a 0.2-acre lot with 44 parking spaces.
Property Details
for 206 Elk Run Ave
Property type
Investment properties, Other commercial real estate
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206 Elk Run Ave, Punxsutawney, Pennsylvania, 15767
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.