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$325,000
2,598
square ft

116 S Penn Street
BELLEFONTE, Pennsylvania 16823

Active / MLS #PACE2515596 / Commercial / Mixed Use / BELLEFONTE
Listing information updated 2/20/2026 at 3:41pm
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.
Lot Size:
3485.00 Square Feet
Acreage:
0.08
Built:
1965
Cooling System:
Central A/C
Roof:
Asphalt,Shingle
Business Use:
Day Care Facility, Hair Salon and Spa, Health Club, Medical, Other, Other/General Retail, Parking Lot, Professional, Restaurant/Bar, School
Zoning:
CR
Building Square Feet:
2,598
Tax Amount:
$2,791
Tax Year:
2025
Zip Code:
16823
City:
Bellefonte
County:
Centre

Listing Office: Kissinger, Bigatel & Brower

Listing Office Phone: 814.234.4000

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116 S Penn Street, Bellefonte, PA 16823 is a commercial / mixed use currently listed at $325,000. This commercial / mixed use has been listed on RLAH @properties since July 16th, 2025 and was built in 1965.

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