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511 WASHINGTON ST Huntingdon, PA 16652
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Key Details
Sold Price $312,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $55
Subdivision None Available
MLS Listing ID PAHU2011676
Sold Date 01/29/24
Originating Board CCAR
Year Built 1901
Annual Tax Amount $2,471
Tax Year 2022
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.
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Location
State PA
County Huntingdon
Area Huntingdon Boro (14717)
Zoning COMMERCIAL
Rooms
Other Rooms Kitchen, Full Bath, Half Bath, Additional Bedroom
Interior
Hot Water Other
Heating Other
Cooling Ductless/Mini-Split
Fireplace N
Heat Source Wood, Electric
Exterior
Waterfront N
Water Access N
Roof Type Shingle,Slate
Street Surface Paved
Accessibility None
Parking Type Other
Garage N
Building
Story 3
Sewer Public Sewer
Water Public
Additional Building Above Grade
New Construction N
Schools
School District Huntingdon Area
Others
Tax ID 8503
Ownership Other
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Charles Dawson • RE/MAX Centre Realty
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