204 W Main Street, Elkland, PA 16920
- Added:
- Feb 7, 2025
- Days on Market:
- 505
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 204 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
- Standard status
- Active Under Contract
- Size
- 3,456 SF
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1901
Listing agent Sara Saxbury License #10401366240 (607) 368-1217
Listing office Cowanesque Lake Realty LLC 174 Water Tower Road Suite 3, Lawrenceville, PA (570) 944-0101
Listing date Feb 7, 2025
Copyright © 2026 Northern Mountains of Pennsylvania MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic building built in 1901 in Elkland, PA, fully renovated while preserving original character
- Ground floor features a fully operational brew house with a rotating selection of home‑brewed beers & ciders and curated wine
- Upper level has 2 fully renovated apartments: 1‑bedroom and 2‑bedroom
- Originally constructed as a soda fountain and later transformed into the Penn Elk hotel & bar
- On‑site setup includes multiple bathrooms (Bathrooms 1–4)
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $12.24 |
| − Vacancy | −$4.4k | −$1.29 |
| EGI | $37.9k | $10.95 |
| − OpEx | −$9.5k | −$2.74 |
| NOI | $28.4k | $8.22 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Racks Brew House — 204 W Main St, Elkland, PA 16920
Location Insight
- Map
- Local Demand
- City
- Elkland
- County
- Tioga
- State
- Pennsylvania
- Longitude
- -77.313441
- Latitude
- 41.986278
