534 E ALLEGANY AVE
EMPORIUM, PA 15834
$175,000
1 Beds
5 Baths
4,200 Sq Ft
Status Active
MLS# R1516220
Built in 1847, this property has a rich history and character that is unmatched. The current business has been a staple of the community since 1957, ready for a new owner to take it to the next level. While this building needs some work, the potential rewards are well worth the investment. Located in the heart of the PA mountains and the PA Wilds known for hunting, fishing, and elk herds, the bar and restaurant have the potential to become a must-visit destination for locals & tourists alike. With the included liquor license and all equipment, you can hit the ground running and start generating income right away. The building has three apartments on the second floor, two can be renovated to become additional income-generating units. With some work, you can turn this property into a multi-stream investment that will pay dividends for years to come. You have the option of living in one of these apartments while you oversee the business. There is an attached garage at the rear of the building, rear deck off one apartment plus a 2nd floor covered front porch where you can relax after working in your dream venture. Off-street parking in the parking lot, as well as on street parking.
Details for 534 E ALLEGANY AVE
Built in 1847
$42 / Sq Ft
1 parking space
Gas, Baseboard, Hot Water
439 Days on website