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534 East Allegany Avenue, Emporium Borough Pa, PA 15834
$175,000 Asking Price
$---/mo Est. Payment Get Prequalified »
1
bed
5
baths
4,200
sqft
Built in
1847
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.
Features & Amenities
Interior
- Appliances:
- Gas Water Heater
- Basement:
- Crawl Space
- Flooring:
- Other,See Remarks
- Heating:
- true, Gas,Baseboard,Hot Water
- Fireplace:
- Fireplaces: 0
Exterior
- Parking:
- Gravel
Construction
- General:
- Vinyl Siding, 2
Location
- Originating MLS:
- NYS
- School District:
- Cameron County - PA
- County:
- Cameron-PA
Lot
- Zoning:
- 02-52-254
Utilities
- Utilities:
- Sewer Connected,Water Connected
- Water:
- Connected,Public
- Sewer:
- Connected
Financial
- Source:
- NYS, NYS
- Listing Agent Compensation:
- 2.4
- Buyers Agent Compensation:
- 2.4
This listing courtesy of:
Crown Realty Services, Anne Horning
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Emporium, PA
Housing
- Number of Units
- 2,630
- Median Home Value
- $77,419
- Median Rent
- $494
29.54% of housing units are renter occupied.
31.12% are vacant.
Commute
- Car
-
88.62%
- Public Transportation
-
0.39%
- Walk to Work
-
8.05%
- Work from Home
-
2.51%
- Other
-
0.00%
The median travel time to work is 20 minutes.
People
- Population
- 3,909
- Median Age
- 50.80
- Median Household Size
- 2.35
Education
- High School
-
51.01%
- Associate’s Degree
-
8.66%
- Bachelor’s Degree
-
8.33%
- Graduate Degree
-
1.90%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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