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DiMaio's Ristorante 106 W Main St

3,600 SF 50% Leased Retail Building Rural Valley, PA 16249 £254,296 (£71/SF)

Executive Summary

Don't miss this great opportunity! This turn key, full service Italian Restaurant is ready for it's new owner. This well established restaurant has been family owned for 23 years. This location is ideal for a variety of ventures making it a great addition to your investment portfolio. Fully equipped and ready to go including a liquor license! The main dining room seats 95 guests. The lower level banquet room seats 45 and includes an additional bar area. New HVAC, updated electrical & roof, new siding & windows. A second story 3 bedroom apartment provides additional income opportunities or a place for an owner/cook to live! Ample parking lot in the rear with easy access to the banquet room and opportunity for expansion. 4 reserved on street parking spots for customers to utilize during business hours!

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £1,911 £0.53
Operating Expenses - -
Total Expenses £1,911 £0.53

Financial Summary (Actual - 2023)

Taxes
Annual £1,911
Annual Per SF £0.53
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £1,911
Annual Per SF £0.53

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Year Built
1895
Price
£254,296
Price Per SF
£71
Percent Leased
50%
Number of Floors
2
Building FAR
0.40
Land Acres
0.21 AC
Frontage
60 ft on W Main

Amenities

  • Restaurant
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-0-028867
Land Assessment
£15,477 (2024)
Improvements Assessment
£11,776 (2024)
Total Assessment
£27,253 (2024)
Annual Taxes
£1,911 (£0.53/sf)
Tax Year
2023
  • Listing ID: 31865185

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 106 W Main St, Rural Valley, PA 16249

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