Bar and Restaurant with Transferable
For Sale
$79,900
39 E STATE Street, Albion, PA 16401
COMMERCIAL - Albion, PA
Property Size5,656 SF
Lot Size0.27 Acres
Price / SF$14.13
Days on Market50
Property Features for 39 E STATE Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C
Lot features
Mineral Rights
Elementary school district
Northwestern
Middle school district
Northwestern
High school district
Northwestern
Directions
Rt 6N State St. in Albion, building between bank and post office.
Subdivision
10 - Elk Crk/Conn/Albion/Platea/Springfield
Standard status
Active
APN
01-004-044.0-004.00
Size
5,656 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3387
Expense value
10000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1932
Building materials
Block
Listing Agency:
Coldwell Banker Select - Edinboro · Coldwell Banker Real Estate
(814) 734-1144
Listed By:
Lori Snyder Knowles · License #RS216096L
(814) 449-0809
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 11 at 8:06PM
MLS# 191690
Copyright © 2026 Greater Erie Board of Realtors 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 property is a commercial bar and restaurant space that has operated as a bar for years. The listing notes that a liquor license can transfer with the property prior to closing, with an additional amount to be determined. Remaining contents in the building may be negotiated as part of the transaction. From a layout standpoint, the bar side is described as sufficient, while the vacant side is reported to need significant work before it can function as intended.
The building is located at 39 E State Street in Albion, Pennsylvania (Erie County). The lot size is listed at 0.2742 acres, and the overall property size is 5,656 square feet.
For buyers or operators evaluating a hospitality concept, this is a straightforward opportunity to acquire an existing bar and restaurant building, with the practical considerations clearly identified. The bar side appears serviceable, but the vacant side will require substantial improvements. Additionally, the roof is reported to need replacement, so prospective users should plan for building repairs in any operating or renovation timeline. The ability to negotiate the remaining contents and address the liquor license transfer requirement before closing can also factor into how quickly the space can be brought back to use.
The building is located at 39 E State Street in Albion, Pennsylvania (Erie County). The lot size is listed at 0.2742 acres, and the overall property size is 5,656 square feet.
For buyers or operators evaluating a hospitality concept, this is a straightforward opportunity to acquire an existing bar and restaurant building, with the practical considerations clearly identified. The bar side appears serviceable, but the vacant side will require substantial improvements. Additionally, the roof is reported to need replacement, so prospective users should plan for building repairs in any operating or renovation timeline. The ability to negotiate the remaining contents and address the liquor license transfer requirement before closing can also factor into how quickly the space can be brought back to use.
Key Highlights
- Construction materials: block building
- Central air cooling
- Built in 1932
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Country Fair
Shops & Services
11,388 visits/mo
0.0 miles
Demographics for 16401, PA
4,209
Population
1,767
Households
2.4
Avg Household Size
44
Median Age
17%
College-Educated
92%
High-School Grad
55.6 sq mi
ZIP Area
76
Density / Sq Mi
$67,976
Median Household Income
$41,571
Median Earnings
$636
Median Rent
$152,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Tower's Tavern, Inc. — 43 E State St, Albion, PA 16401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Former bar property includes transferable liquor license, with roof replacement needed and vacant side requiring extensive work.
Where is this bar & pub located?
The property is located at 39 E STATE Street Albion, PA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Construction materials: block building; Central air cooling; Built in 1932
