1908 5th St Altoona, PA 16601-4104
- Investment properties
- 0.07 lot acres
Current Use by Public Records
- Mike's Court / Bar
Property Details for 1908 5th St
- Lot size
- 0.07 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01.11-20..-131.00-000
- APU
- 1112013100000
Description
This exceptional opportunity presents a well-established bar and restaurant located at 1908 5th Street in Altoona, Pennsylvania, 16601. Priced at $350,000, this turnkey operation includes the building and the thriving business, offering immediate income potential. Mike's Court Sports Bar is a beloved neighborhood establishment, boasting a valuable beer license, ample indoor and outdoor seating areas, and lucrative skill games of chance. A significant advantage is the inclusion of a spacious upstairs apartment, ideal for owner occupancy or generating additional rental income. This presents a unique opportunity for a hands-on owner or an investor seeking a stable, established business. The property is classified as special purpose commercial land with zero separate units. The sale includes the building and the business itself. Furthermore, the sale may include two additional properties, offering potential for further rental income, should the buyer be interested. This is a rare chance to acquire a profitable, established business with significant upside potential in a desirable location. The property's address is 1908 5th Street, Altoona, Blair County, Pennsylvania. This is a unique opportunity to own a piece of Altoona's history and vibrant local scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- Blair
- State
- Pennsylvania
- Longitude
- -78.4029
- Latitude
- 40.5253
- CBSA code
- 11020
- CBSA name
- ALTOONA, PA METROPOLITAN STATISTICAL AREA
