431 Us-6 Coudersport, PA 16915

Property Details for 431 Us-6

Year built

1939

Lot size

0.30 lot acres

Property size

2,600 SF

Property type

Retail properties & Spaces

Property subtype

Land

Description

This exceptional investment opportunity encompasses four parcels totaling approximately 5 acres along the scenic Allegheny River in Coudersport, Pennsylvania. The portfolio includes a thriving 5,500 sq ft restaurant and bar with two bars, two dining rooms, a modern kitchen, and a newly constructed outdoor patio featuring a bar, firepit, and kayak launch. The second floor offers versatile space suitable for offices, storage, or residential conversion. A separate 2,600 sq ft commercial building, previously an axe-throwing venue, presents potential for various uses, including leasing to a non-competing business or conversion into an event space. Adding to the investment's appeal is a 3.79-acre vacant lot ideal for future development and a three-bedroom residential rental property generating $1,000 monthly income. The entire property boasts a total net rentable area of 9,300 sq ft across three buildings, built in 1939, and sits on a combined lot size of approximately 5 acres. The property is zoned commercial and features a strong NOI of $236,833, resulting in a 13.23% cap rate. The asking price is $1,790,000. Financial statements are available upon request with a signed non-disclosure agreement. The seller is open to separating the parcels and may consider owner financing for qualified buyers. This turnkey investment offers significant potential for growth and additional revenue streams. APN numbers are 080-002-026

Location Insight

City

Coudersport

County

Potter

State

Pennsylvania

Longitude

-78.0454

Latitude

41.7612