201 W Market St, Pottsville, PA 17901

$695,000

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List Price
$695,000
Status
ACTIVE
Days on Market
1
MLS#
PASK2029986
Subtype
Commercial Sale
Year Built
1910
Lot Size
2,178
Acres
0.05
MLS Area Major
Pottsville (13368)

Property Description

The well-known Lee Building is offered for sale together with an established restaurant and liquor license, providing multiple potential revenue streams for an investor or owner-operator. This four-story property features: - First floor: An operating restaurant with seating for approximately 38 guests. - Second floor: Restaurant office and storage space, plus a one-bedroom, two-bathroom apartment. - Third floor: Space previously used for a massage/spa business. - Fourth floor: Vacant space offering opportunities for future improvements. The third and fourth floors offer potential for additional commercial space or residential conversion, subject to zoning, permits, and required renovations. CAP rate is around 8%. Seller has a recent appraisal supporting the asking price. Financial information and appraisal documentation are available for qualified buyers to review. An opportunity to acquire an established business, a liquor license, and real estate with existing income sources and room for future growth.

Additional Information

Taxes
$1,981
Zoning
C-1
Heating
Central
Air Conditioning
Central Air
School District
Pottsville Area

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Listing courtesy of BHHS Fox & Roach Wayne-Devon. Contact: