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$312,000
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Property Description
This commercial property is minutes from Lake Raystown, the largest lake in PA, and 40 minutes from Penn State University. Renovated to 5600-square-foot it boasts a 16-room hotel and restaurant with a liquor license. Having grown over the past decade the owners have seen a 4x increase in revenue with renovations to hotel status and a liquor license. This business has multiple revenue sources and is the very definition of "Turn-Key"! Situated in historic downtown Huntingdon it greets faculty, staff and visitors from Juniata College, Raystown Lake, Penn Highlands Hospital and Penn State University year-round. A favorite to locals and visitors alike and the only bar in Huntingdon that has two indoor serving areas, indoor seating, a gorgeous back patio and courtyard, that is a centerpiece of downtown dining. The current seating plan has room for over 120 customers. The outside seating area is beautifully landscaped with annuals. Local art is infused at every turn and live entertainment emanates from the pergola while clientele dine and drink with friends. Centrally located to community and tourism driving events like Wine Down, May Fest, and Bryan Park Concert Series to name a few. Schedule your private showing today!
Full Property Details
Full Property Details for 511 Washington St
General
- Sold For: $312,000
- Taxes: $2,471 (2022)
- Status: Closed
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PAHU2011676
- Added to Site: 1, 178 day(s) ago
Business
- Business Type: Restaurant/Bar, Hotel/Motel
Rooms
Bedrooms
- Bedroom 1: Additional Bedroom, Upper 1
- Bedroom 2: Additional Bedroom, Upper 1
Other Rooms
- Kitchen: Kitchen, Main
- 2nd Kitchen: Kitchen, Upper 1
Parking
- Parking Type: Other
Location
- Area: Huntingdon Boro (14717)
- Municipality: HUNTINGDON BORO
- County: Huntingdon
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: In Huntingdon travel east on Washington. Property is on the left right after Bryant Park.
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Heating Type: Other
- Heating Fuel: Wood, Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: 400
Structural Information
- Construction: Brick
- Roof: Shingle, Slate
- Stories/Levels: 0
- Year Built: 1901
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Street/Road Desc.: Paved
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $71.41
- Tax Amount: $2,471
- Tax Year: 2022
Disclosures and Reports
- Ownership: Other
- Permits: On Hand
- Exclusions: Personal Items, games of chance, juke box and pinball machines
- Inclusions: All contents including liquor license, furnishings, decorations, equipment, and stock.
- Investment: Yes
Listed and Sold by RE/MAX Centre Realty, Charles Dawson and RE/MAX Centre Realty, William Ledford
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Schools
Schools serving 511 Washington St
School District:Huntingdon Area School District
| Name | Grades | Distance |
|---|---|---|
Huntingdon Area Senior High School 2400 Cassady Avenue, Huntingdon, PA 16652 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 Washington St
Date
Details
Price
Change
Source
1/29/2024
Sold
$312,000
-21.98%
MLS
12/07/2023
Price Reduced
$399,900
-11.13%
MLS
10/09/2023
Price Reduced
$450,000
-16.67%
MLS
8/18/2023
Price Reduced
$540,000
-6.09%
MLS
6/27/2023
Price Reduced
$575,000
-11.54%
MLS
6/16/2023
Price Reduced
$650,000
-6.47%
MLS
3/28/2023
Price Reduced
$695,000
-6.08%
MLS
11/30/2022
Listed
$740,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
511 Washington Street, Huntingdon, PA 16652 (MLS# PAHU2011676) is a Business property that was sold at $312,000 on January 29, 2024. Want to learn more about 511 Washington Street? Do you have questions about finding other Business real estate for sale in Huntingdon? You can browse all Huntingdon real estate or contact a Coldwell Banker agent to request more information.
