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534 E Allegany Ave Emporium, PA 15834

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For Sale
$150,000

Historic property with bar, restaurant, and apartment income potential.

Lot size:
0.20 Acres

Property Features for 534 E Allegany Ave

General Information

Lot size
0.20 Acres

Building Details

Year built
1847

Source: Crown Realty Services Agent Anne Horning

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Bar, Restaurant, Apartments

This historic property, constructed in 1847, offers a unique investment opportunity. The property includes a bar and restaurant, a community staple since 1957, with the potential to become a destination for both locals and tourists. The sale includes a liquor license and all necessary equipment. The building also features three apartments on the second floor, with two apartments that can be renovated for additional income. Located in the PA Wilds, an area known for hunting, fishing, and elk herds, the property is situated in the heart of the PA mountains. While the building requires some renovations, the potential for generating income is significant.
Location Intelligence

Current Use by Public Records

Charley's Friendly Tavern American Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

Similar Places Nearby

Charley's Friendly Tavern, Emporium Moose Lodge 368

Location Insight

  • Map
  • Local Demand
City
Emporium
County
Cameron
State
Pennsylvania
Longitude
-78.2254953
Latitude
41.509905

FAQs

What type of property is this?
Bar - Historic property with bar, restaurant, and apartment income potential.
Where is this bar located?
The property is located at 534 E Allegany Ave Emporium, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: - Established bar and restaurant business with existing liquor license and all equipment included for immediate operation.; - Located in the PA Wilds, a popular destination attracting both locals and tourists.; - Three apartments on the second floor offer potential for additional rental income (two require renovation).
More about this property
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