Vacant Bar for Sale with Income-Producing 5-Bedroom Apartment
Property Description
Opportunity knocks just steps from the iconic OLV Basilica in a rapidly transforming area of Lackawanna! This unique property includes a vacant bar with existing bar equipment, making it easy to reopen or reimagine as a restaurant, café, or lounge. The building also features a spacious 5-bedroom, 2-bath upper apartment, currently rented for $1,500/month – with strong potential to command higher rents in this up-and-coming neighborhood.
Positioned directly across from the City of Lackawanna’s $18.5 million City Hall redevelopment project, this location is poised for growth, average daily traffic is 11,650 – a number set to rise significantly upon project completion.
Additional features include:
Fully equipped bar area
Detached storage shed for extra inventory or equipment
High-visibility corner in a walkable neighborhood
Steps from one of the region’s most visited landmarks
Whether you're an investor, business owner, or developer, this is your chance to own a piece of Lackawanna’s future.
Positioned directly across from the City of Lackawanna’s $18.5 million City Hall redevelopment project, this location is poised for growth, average daily traffic is 11,650 – a number set to rise significantly upon project completion.
Additional features include:
Fully equipped bar area
Detached storage shed for extra inventory or equipment
High-visibility corner in a walkable neighborhood
Steps from one of the region’s most visited landmarks
Whether you're an investor, business owner, or developer, this is your chance to own a piece of Lackawanna’s future.
About the Property
- Type
- Other Business Real Estate
- Building Status
- Established
- Facilities & Assets
- Lower is vacant bar/pub
Upper 5bed, 2bath apartment - Location Description
- Corner of South Park and Maple Grove
- Current and Prior Use
- Bar/Tavern currently vacant. Upper rented at $1500
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Seller willing to finance with donw payment
- Current Property Expenses
- Taxes $6438
Listing Info
- ID:
- 2423469
- Listing Views:
Listing ID: 2423469 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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