For Sale
$1,790,000

431 Us-6Coudersport, PA 16915

Cash-flowing, multi-use investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity encompasses four parcels totaling approximately 5 acres along the scenic Allegheny River in Coudersport, Pennsylvania. The portfolio includes a thriving 5,500 sq ft restaurant and bar with two bars, two dining rooms, a modern kitchen, and a newly constructed outdoor patio featuring a bar, firepit, and kayak launch. The second floor offers versatile space suitable for offices, storage, or residential conversion. A separate 2,600 sq ft commercial building, previously an axe-throwing venue, presents potential for various uses, including leasing to a non-competing business or conversion into an event space. Adding to the investment's appeal is a 3.79-acre vacant lot ideal for future development and a three-bedroom residential rental property generating $1,000 monthly income. The entire property boasts a total net rentable area of 9,300 sq ft across three buildings, built in 1939, and sits on a combined lot size of approximately 5 acres. The property is zoned commercial and features a strong NOI of $236,833, resulting in a 13.23% cap rate. The asking price is $1,790,000. Financial statements are available upon request with a signed non-disclosure agreement. The seller is open to separating the parcels and may consider owner financing for qualified buyers. This turnkey investment offers significant potential for growth and additional revenue streams. APN numbers are 080-002-026

Highlights

  • Multi-parcel Allegheny River investment portfolio.
  • 0.30-acre parcel with 2,600 SF commercial building (former axe-throwing venue).
  • 0.56-acre parcel with 5,500 SF restaurant/bar including two bars, two dining rooms, and modern kitchen; second floor space available.
  • Newly constructed outdoor patio with bar, firepit, and kayak launch.
  • 3.79-acre vacant lot for commercial or residential development.
  • 0.37-acre parcel with three-bedroom rental ($1,000/month income).

Property Details for 431 Us-6

Property type
Retail properties, Land
Square Feet
2,600 SF
Year Built
1939
Buildings
3
Stories
2
Lot Size (sq. ft)
13,068 SF
Units
3

Location Insight

City
Coudersport
County
Potter
State
Pennsylvania
Latitude
41.761249742366
Longitude
-78.045390416001
431 Us-6, Coudersport, Pennsylvania

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431 Us-6
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