279 South River Street, Plains, PA 18705 (MLS# 23-3171)

279 South River Street, Plains, PA 18705

$750,000

Property Type: Commercial Sale Baths: 2 Square Footage: 2,600 Status: Closed

Current Price: $750,000 List Date: 7/12/2023 Last Modified: 9/15/2024

Overview

Description

Great Turnkey Investment Opportunity. Established Active Bar and Restaurant zoned for Live Entertainment with excellent Cash Flow. Seating for 99. Additional Revenue, 2 apartments plus additional income. Owner ready to retire.

Listing Details MLS# 23-3171

Location, Tax & Legal

House # (1): 279
Street Name: South River
Street Suffix: Street
City (Post Office): Plains
State/Province: PA
Zip Code: 18705
MLS Area: Plains Twp-WB Twp-Bear Creek Laflin
County: Luzerne
Municipality: Plains Twp
Develop/Subdivision: None
School District: Wilkes-Barre
Zoning: Commercial
PIN#: G10SW2008014-50
DB/Record Book: 3011
Page: 193124
Appeal Pending: No
Total County Assmnt: 107700
Est County Tax: 0
Est Total Tax: 0

Listing Information

For Sale: Y

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 2600
SqFt Office: 220
Year Built Age: 51 - 75 Yrs
# Spaces Off-Street: 20
Total Bathrooms: 2
Environmental Survey: Y
SqFt Warehouse: 0
Garage Stalls: No
# of Docks: 0

Remarks Directions

Directions: GPS 279 Bar & Grill

Status Change Information

Under Contract Date: 2023-07-31
Sold Date: 2023-12-28

Remarks & Directions

Included: Liquor License, Restaurant equipment, 2 walk in coolers, Business and name
Hot Sheet Comment: new

More Information

Income & Expenses

Cash Flow Stmt Avail: Yes

Heat Fuel Type

Gas: Yes

Heat Type

Forced Air: Yes

Condition

Very Good: Yes

AC Type

Central: Yes

Hot Water

Gas: Yes

Water

Public: Yes

Exterior

Aluminum: Yes
Brick: Yes

Sewer

Public: Yes

Roof

Metal: Yes

Property Features

Basement: Yes
Established Business: Yes
High Traffic Area: Yes
Prime Location: Yes
Refrigerated Space: Yes
Rest Rooms: Yes
Turnkey Operation: Yes

Present Use

Apartments: Yes
Restaurant: Yes
Tavern: Yes

Ceiling Height

9'1' to 10': Yes

Included in Sale

Business: Yes
Inventory: Yes
Equipment: Yes
Furniture: Yes
Liquor License: Yes
Trade/Business Name: Yes

Property Features

Heat Fuel Type: Gas Heat Type: Forced Air AC Type: Central Hot Water: Gas Water: Public Sewer: Public Exterior: Aluminum; Brick Condition: Very Good Roof: Metal Property Features: Basement; Established Business; High Traffic Area; Prime Location; Refrigerated Space; Rest Rooms; Turnkey Operation Present Use: Apartments; Restaurant; Tavern Ceiling Height: 9'1' to 10' Included in Sale: Business; Inventory; Equipment; Furniture; Liquor License; Trade/Business Name

Listing Office: Century 21 Signature Properties

Listing Agent: John Lukas

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

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MLS Listing