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116 S Penn St, Bellefonte, PA 16823

$315,000

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Sold Price: $315,000
List Price: $325,000
Closing Date: Aug 11, 2026
Days on Market: 327
Status: CLOSED
MLS#: PACE2515596
Lot Size (Acres): 0.08
Year Built: 1965
County: Centre
School District: Bellefonte Area

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Property Description

Imagine stepping out of Bellefonte and into Italy, This restaurant has been owned by three generations of Italians and has a triple AAA rating in their service of quality food and service to Centre County. Located about one-half of a block from the county courthouse and in the downtown area everyone knows this business. When you purchase this property you get all the real estate, the business with a great reputation, all the equipment to run the business, all of the chattel items and private parking lots. This offers you a turn key operation. With the profits the business brings in and the rent of $925.00 from the three bedroom apartment upstairs you can look forward to a good lifestyle. Call today for the brochure which includes a list of equipment and chattel items and the sellers disclosure form.

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Additional Information

Area: Bellefonte Boro (16432)
School District: Bellefonte Area
Flooring: Carpet, Tile
View: Street
Heating: Central, Forced Air
Cooling: Central Air
Roof: Asphalt, Shingle
Utilities: Cable Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available
Water: Public
Sewer: Public Sewer