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Mixed-Use Retail and Apartment Building

607 Main St Emlenton, PA 16373

607 Main St, Emlenton, PA, 16373
$874,000
For Sale
$874,000

MULTI_FAMILY - Emlenton, PA

Property Size3,480 SF
Lot Size0.09 Acres
Price / SF$251.15
Days on Market371

Property Features for 607 Main St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
1
Bathrooms
4
Rooms
Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4
Basement
Finished, Full, Partially Finished
Standard status
Active
APN
09,003.-101..-000
Size
3,480 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
407

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1870
Floors in Building
3
Number of units
9
Roof type
Metal
Listing agency Burford & Henry Real Estate Services
Listed by Alison Heffner
Added: Jul 17, 2025 Updated: Jul 11 at 5:38AM Checked: Jul 22 at 12:06PM
MLS# 161838

Copyright © 2026 Allegheny Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use building at 607 Main St in Emlenton includes three established retail spaces, with current tenants described as an ice cream parlor, a winery, and a quilt shop. In addition, the property has a renovated apartment. The interior also includes a classroom space and additional area that could potentially be converted into a second apartment, supporting multiple residential configurations.

The property is zoned Commercial and is listed as a retail and residential income opportunity. The site is approximately 0.09 acres and the building is described as 3,480 square feet.

Overall, the building is configured to support both retail and residential income, with room for further residential flexibility based on the available interior areas mentioned in the listing remarks.

Key Highlights

  • Property at 607 Main St, Emlenton, PA offers 3 established retail spaces plus an apartment
  • Retail tenants include an ice cream parlor, a winery, and a quilt shop
  • Renovated apartment included for owner‑occupant use or additional rental income

Local Financial Insights For 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 $111.5k $32.04
− Vacancy −$11.7k −$3.36
EGI $99.8k $28.68
− OpEx −$29.9k −$8.60
NOI $69.9k $20.07
3,480 SF · lease $32.04/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$997.9K
$873.2K – $1.16M (±1% cap)
NOI $69,854 @ 7.0% cap · market cap 7.99%
Second Best
Mixed Use
$328.1K
$287.1K – $382.8K (±1% cap)
NOI $22,968 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$1.10M
$964.7K – $1.29M (±1% cap)
NOI $77,172 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ice Cream Parlor ... Grocery & Convenience Store 50 Shades of Grapes Bar & Pub

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Daycare Center Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with three established retail spaces and a renovated apartment, plus additional flexible interior areas.
Where is this mixed-use property located?
The property is located at 607 Main St Emlenton, PA.
What is the asking price?
The asking price for this property is $874,000.
What are key features of this property?
This property features: Property at 607 Main St, Emlenton, PA offers 3 established retail spaces plus an apartment; Retail tenants include an ice cream parlor, a winery, and a quilt shop; Renovated apartment included for owner‑occupant use or additional rental income
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