259 Venango Ave 267, Cambridge Springs, PA 16403-1153
This 2,300 square foot mixed-use building, located at 259 Venango Ave, Cambridge Springs, PA 16403, presents a fantastic opportunity. Completely renovated in 2020, this property boasts numerous upgrades including new PEX & PVC plumbing, 220V/3-phase electric, a new gas furnace and electric central air conditioner, full insulation, updated interior finishes and lighting, two new restrooms, an expanded kitchen, new hood fans, and a rough-edge timber bar. The building features ample seating: approximately 68 indoor seats, approximately 14 bar seats, and approximately 40 outdoor seats. All equipment is included in the sale price of $140,000. Situated on a 0.13-acre lot zoned B-1 (Central Business District), the property offers convenient access to public utilities. Parking is readily available with three spaces in a private lot, five free street parking spaces, and an additional public lot with 8-10 spaces located 135 feet away. A 3D tour and floor plan are available upon request. The property is also available for lease at $12.00 per square foot per year (approximately $2,300 per month), plus taxes, snow removal, lawn care, and utilities. This single-story, 1998-built building (APN: 16-0-005210 & 16-0-005212) is currently vacant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.