201 W Market St, Pottsville, PA 17901

$695,000

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List Price
$695,000
Days on Market
1
Status
ACTIVE
MLS#
PASK2029986
Lot Size (Acres)
0.05
Year Built
1910
County
Schuylkill
School District
Pottsville Area

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

Area
Pottsville (13368)
School District
Pottsville Area
Heating
Central
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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