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Restaurant Investment Sale 160-164 Wades Run Rd 1,383 SF Retail Building Mount Morris, PA 15349 $550,000 ($397.69/SF)
Investment Highlights
- Business sale includes the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory
- Sprinkler System (In Kitchen)
- Security System (Restaurant)
- Large Off-Street Parking Area
Executive Summary
Located in the heart of the Mount Morris community, this unique investment opportunity includes two buildings and one storage shed, anchored by the long-standing and established Sorella’s Pizzeria restaurant operation. The offering presents an excellent opportunity for an owner-user or investor seeking a turnkey commercial property with additional residential and storage components.
This offering includes both the real estate and business assets, including the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory transfer associated with the business. With strong community presence, functional improvements, and flexible future potential, the property is well-positioned for continued restaurant operation or future redevelopment opportunities.
GROSS BUILDING SIZE / 1,383 SQ FT
+334 SQ FT Covered Patio, 510 SQ FT Garage and 1,084 SQ FT Basement
SALE PRICE / $550,000 (Business + Real Estate)
Real Estate Only: $300,000 | Business Only: $250,000
This offering includes both the real estate and business assets, including the Trade Name, Goodwill, Furniture, Fixtures & Equipment, and Inventory transfer associated with the business. With strong community presence, functional improvements, and flexible future potential, the property is well-positioned for continued restaurant operation or future redevelopment opportunities.
GROSS BUILDING SIZE / 1,383 SQ FT
+334 SQ FT Covered Patio, 510 SQ FT Garage and 1,084 SQ FT Basement
SALE PRICE / $550,000 (Business + Real Estate)
Real Estate Only: $300,000 | Business Only: $250,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,383 SF
Building Class
C
Year Built/Renovated
1940/2021
Price
$550,000
Price Per SF
$397.69
Tenancy
Single
Building Height
2 Stories
Building FAR
0.03
Lot Size
1.09 AC
Zoning
No Zoning
Frontage
250’ on Wades Run Road
Amenities
- Restaurant
- Security System
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $46,420 | |
| Land Assessment | $23,210 | Total Assessment | $69,630 |
Property Taxes
Parcel Numbers
Land Assessment
$23,210
Improvements Assessment
$46,420
Total Assessment
$69,630
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