Historic Mixed-Use Brewery
204 W Main Street Elkland, PA 16920
204 W Main Street, Elkland, PA, 16920
$375,000
For Sale
Under Contract
$375,000
COMMERCIAL - Elkland, PA
Property Size3,456 SF
Lot Size0.11 Acres
Price / SF$108.51
Days on Market524
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 Agency
Cowanesque Lake Realty LLC
(570) 944-0101
174 Water Tower Road Suite 3, Lawrenceville, PA
Listed by
Sara Saxbury · License #10401366240
(607) 368-1217
Added: Feb 7, 2025 Checked: Jul 16 at 3:06 pm
MLS# 31721888
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.
Investment Insights
Based on property information with market context.
This fully renovated historic building includes a ground-floor, fully operational brew house and a second level with two renovated apartments. The ground floor features a rustic setting for brewery operations and offers a rotating selection of home-brewed beers and ciders, along with a curated wine selection. The upper level provides a 1-bedroom apartment and a 2-bedroom apartment.
The property is located at 204 W Main Street in Elkland, Pennsylvania. It was originally constructed in the 1900s as a soda fountain and later transformed into the Penn Elk hotel and bar, and the renovations maintain the building’s original character.
With the brew house established on the main level and residential space above, the building offers a mixed-use configuration combining an operating brewing concept with on-site rental income from the apartments.
The property is located at 204 W Main Street in Elkland, Pennsylvania. It was originally constructed in the 1900s as a soda fountain and later transformed into the Penn Elk hotel and bar, and the renovations maintain the building’s original character.
With the brew house established on the main level and residential space above, the building offers a mixed-use configuration combining an operating brewing concept with on-site rental income from the apartments.
Key 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
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 |
3,456 SF · lease $12.24/SF/yr · vacancy 10.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 7.57%
Second Best
Multifamily LT 5
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 6.25%
Theoretical Best
Healthcare Medical
$588.7K
$515.1K – $686.8K
NOI $41,210 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Racks Brew House
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Brewery - Fully renovated brew house on the ground floor with two apartments above for additional rental income.
Where is this brewery located?
The property is located at 204 W Main Street Elkland, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 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
