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Investment Highlights

  • Huge gross profit on food products.
  • Rental income a plus.
  • Would consider seller financing to qualified buyer

Executive Summary

This property features a thriving pizza shop that operates during the busy summer months, offering an excellent income opportunity. In addition, there are three rental units included, providing further revenue potential. Conveniently located near Pymatuning Lake, this is an ideal investment for those looking to benefit from strong seasonal demand and proximity to Pymatuning lake. Currently, the three garage spaces remain unrented, but they offer additional income.

Attachments

Equipment List

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $24,600 $3.41
Other Income $9,600 $1.33
Vacancy Loss - -
Effective Gross Income $34,200 $4.74
Taxes $1,216 $0.17
Operating Expenses $3,166 $0.44
Total Expenses $4,382 $0.61
Net Operating Income $29,818 $4.13

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $24,600
Annual Per SF $3.41
Other Income
Annual $9,600
Annual Per SF $1.33
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $34,200
Annual Per SF $4.74
Taxes
Annual $1,216
Annual Per SF $0.17
Operating Expenses
Annual $3,166
Annual Per SF $0.44
Total Expenses
Annual $4,382
Annual Per SF $0.61
Net Operating Income
Annual $29,818
Annual Per SF $4.13

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,214 SF
Building Class
C
Year Built/Renovated
1870/2016
Price
$259,900
Price Per SF
$36.03
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.30 AC
Zoning
C2
Parking
25 Spaces (3.47 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Waterfront
  • Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
46-0-033839
Land Assessment
$1,350
Improvements Assessment
$13,410
Total Assessment
$14,760
Annual Taxes
$1,216 ($0.17/SF)
Tax Year
2025
  • Listing ID: 39822350

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 1837 State Highway 285, Espyville, PA 16424

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