129 Elm St, Tionesta, PA 16353

Discover a unique investment opportunity: a meticulously renovated, mixed-use property located at 129 Elm St, Tionesta, PA 16353. This charming two-story building, originally constructed in 1840 and extensively updated in 2023, offers 3,196 square feet of space across seven units. The property boasts a prime location on a 0.74-acre lot with 361 feet of stunning waterfront access to Tionesta Creek and the Allegheny River. The building features six to seven bedrooms (one potentially captive), three bathrooms, a new roof, a refreshed porch, a completely updated electrical panel, and new lighting throughout. Currently vacant, the property is ready for immediate occupancy (April 25, 2024). Its mixed-use zoning (APN: 19-10-140-00) allows for diverse applications, including residential, short-term rental, bed and breakfast, or second home use. The property is fully furnished and turnkey ready, offering immediate revenue potential. Conveniently located near a public boat launch and within walking distance of downtown Tionesta, this property presents a rare blend of historical character, modern convenience, and exceptional waterfront views in a picturesque setting near the Allegheny National Forest and Tionesta Lake. The asking price is $439,000, translating to $137.36 per square foot. This is a value-add opportunity for an owner-occupant. The property is classified as Class B.