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Mixed-Use Property with Apartments
New
For Sale
$239,900

1654 William Penn Ave, Johnstown, PA 15909

The upper level contains two rental apartments, while the main floor is configured for bar or restaurant use.

Property Size4,566 SF
Price / SF$52.54
Days on Market5

Property Features for 1654 William Penn Ave

General Information

Standard status Active
Size 4,566 SF
Total Parking Spaces 50

Restaurant

Equipment Included Yes
Liquor License Yes

Units

Unit Mix 1 x 3BR, 1 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,720

Building Details

Tenancy Multi
Listing Agency: RE/MAX TEAM, REALTORS
Listed By: Bob & Bobby Colvin
Source: Exprealty
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX TEAM, REALTORS

Rey
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Investment Insights

Based on property information with market context.

At 4,566 square feet, this mixed-use building combines two second-floor apartments with a main-level space formerly used for bar and restaurant operations. The apartments include one three-bedroom unit and one one-bedroom unit.

The property has paved parking for 50 vehicles. Kitchen and bar equipment and a restaurant liquor license are included.

Key Highlights

  • 4,566‑square‑foot mixed‑use building
  • Two second‑floor apartments: one three‑bedroom unit and one one‑bedroom unit
  • Main‑level space previously used for bar and restaurant operations

Property Analytics

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Current Use

The Rosebud Bistro Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 15909, PA

5,116
Population
2,422
Households
2.1
Avg Household Size
49
Median Age
16%
College-Educated
93%
High-School Grad
17.8 sq mi
ZIP Area
287
Density / Sq Mi
$59,226
Median Household Income
$38,391
Median Earnings
$780
Median Rent
$105,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper level contains two rental apartments, while the main floor is configured for bar or restaurant use.
Where is this mixed-use property located?
The property is located at 1654 William Penn Ave Johnstown, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 4,566‑square‑foot mixed‑use building; Two second‑floor apartments: one three‑bedroom unit and one one‑bedroom unit; Main‑level space previously used for bar and restaurant operations
More about this property
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