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Tavern Restaurant in the PA Wilds 534 E Allegany Ave 4,200 SF Retail Building Emporium, PA 15834 $150,000 ($35.71/SF)



INVESTMENT HIGHLIGHTS
- Central location with heavy traffic area
- Open dining room/bar area
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
ABOUT 534 E ALLEGANY AVE , EMPORIUM, PA 15834
Offered for sale is your chance to own a piece of Cameron County history and turn it into a profitable investment. Built in 1847, this property has a rich history and character that is unmatched. The current business has been a staple of the community since 1957 and is ready for a new owner to take it to the next level. While this building needs some work, the potential rewards are well worth the investment. Located in the heart of the PA mountains and the PA Wilds known for hunting, fishing, and elk herds, the bar and restaurant have all the potential to become a must-visit destination for locals and tourists alike. And with the included liquor license and all equipment, you can hit the ground running and start generating income right away. But that's not all - the building has three apartments on the second floor, two of which can be renovated to become additional income-generating units. With some work, you can turn this property into a multi-stream investment that will pay dividends for years to come. And as the new owner, you have the option of living in one of these apartments while you oversee the business. There is an attached garage at the rear of the building, and a rear deck off one apartment plus a 2nd floor covered front porch where you can relax after working in your dream venture. Plenty of off-street parking in the parking lot, as well as on street parking.
PROPERTY TAXES
| Parcel Number | 2-52-0-254-000-000 | Improvements Assessment | $17,200 |
| Land Assessment | $2,050 | Total Assessment | $19,250 |
PROPERTY TAXES
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Tavern Restaurant in the PA Wilds | 534 E Allegany Ave
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