216 Lackawanna AveOlyphant, PA 18447

This exceptional mixed-use property in Olyphant, PA, presents a unique investment opportunity. Located in the heart of downtown, this offering encompasses two buildings totaling 18,725 square feet on a 0.68-acre lot. The property includes a thriving commercial banquet facility with seating for 275 guests, a retail storefront, a deli, and six income-generating apartments. The banquet hall boasts a newly installed roof (February 2024) and the property features a paved parking lot with capacity for 50+ vehicles. The sale includes the established businesses, all equipment, furniture, the land itself, and a valuable liquor license. Ceiling heights range from 13 to 16 feet, and there are no overhead doors. This turnkey operation offers immediate income potential and significant upside. Note that all measurements are approximate and not warranted, and flood insurance is required. This is a rare chance to acquire a well-established and profitable multi-use property in a desirable location. The property's diverse income streams and established clientele provide a strong foundation for continued success. The inclusion of the liquor license adds significant value to this already impressive offering. Don't miss this opportunity to own a piece of Olyphant's vibrant downtown.