534 East Allegany Avenue

534 East Allegany Avenue

Emporium, PA 15834

$175,000
Price
1
Beds
3
Baths
2
1/2 Baths
4,200 Sq. Ft.
$42 / Sq. Ft.
4,200
Sq. Ft.
$42
per Sq. Ft.

Description

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...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.
  1. Listed by Anne Horning • Crown Realty Services
    P: 814-486-0313 C: 814-486-0313 ahorning@crownrealtypa.com

Property Details for 534 East Allegany Avenue

On Waterfront
No
Parking Description
Gravel
Nearest Cross Street
4th st

Location

Listing Courtesy of Crown Realty Services
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LISTING UPDATED: 01/08/2024 04:13 PM

Property Details for 534 East Allegany Avenue

StatusActive
MLS #R1516220
Days on Market402
Taxes$1,748 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1847
Lot Size-
CountyCameron County

Location

Listing Courtesy of Crown Realty Services
Add your commute

Building Information for 534 East Allegany Avenue

Stories2Residences3Year Built1847Lot Size-

Payment Calculator

$1,101 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 534 East Allegany Avenue

Summary
Location and General Information
  • Elementary School District: Cameron County - PA
  • High School District: Cameron County - PA
  • Middle Or Junior School District: Cameron County - PA
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Emporium Borough PA-790040
  • Tax Annual Amount: $1,748.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4200.0
  • Lot Size Units: Acres
  • Parcel Number: 02-52-254
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $19,250
  • Year Built: 1847
  • Year Built Description: Existing
  • Zoning Description: Commercial
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Type Of Building: Mixed
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Crawl Space
  • Num Of Possible Bedrooms: 1
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 4200.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$1,748.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 0
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 0
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 5
  • Unit Type Beds Total: 1
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 3
  • Unit Type Num Half Baths: 2
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Other, See Remarks
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 534 East Allegany Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 534 East Allegany Avenue

Rating
School
Type
Grades
Distance
Woodland El School
Public - K to 6
Cameron County Junior-Senior High School
Public - 7 to 12
Rating
School
Distance
Woodland El School
PublicK to 6

Cameron County Junior-Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 534 East Allegany Avenue, Emporium, PA 15834

534 East Allegany Avenue is a mixed use property for sale in Emporium, PA 15834. This property was listed for sale on March 29, 2023 by Crown Realty Services, it's currently listed at $175,000. Nearby schools include Woodland El School and Cameron County Junior-Senior High School. 534 East Allegany Avenue is a 1-bed, 4-bath, 4,200 sqft mixed use property built in 1847.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crown Realty Services

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 01/08/2024 04:13 PM