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950 Delaware Avenue, Palmerton, PA 18071 (MLS# PM-99277)

950 Delaware Avenue, Palmerton, PA 18071

$450,000
Property Type: Commercial Sale Square Footage: 4,860 Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $450,000 List Date: 7/20/2022 Last Modified: 2/28/2025

Overview

Description

TURNKEY OPERATION close to Blue Mountain Resort! This well-run tavern is a money maker! 2 Pool tables, darts, jukebox, pinball, & skill machines add to the income of a nice bar menu and beverage selection. Price includes liquor ''R'' license, inventory (excluding alcohol), Kitchen & bar equipment/accessories. Total seating capacity is approximately 60. $2,600/mo additional income from 3 residential units. 18-20 parking spaces recently repaved. Brand new metal roof installed 2021. Owner financing available!

Listing Details MLS# PM-99277

General Property Information

Above Grade Finished Area
4860
Building Area Total
4860
Building Area Source
Estimated
Stories
3
Number Of Buildings
Yes
Year Built
1900
Year Built Source
Estimated
Lot Size Acres
0.39
List Price/SqFt
118.31
Sold Price/SqFt
92.59

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Residential Business Type: Bar/Tavern/Lounge; Food & Beverage; Restaurant Special Licenses: Liquor Building Features: Equipment Warranty; Fixtures Included; Inventory Included Construction Materials: Frame Roof: Other Cooling: Ceiling Fan(s); Central Air Heating: Oil Water Source: Public Sewer: Septic Tank Parking Features: On Site Lot Features: Corner Lot Road Frontage Type: State Road; City Street; See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2022-07-20
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Carbon
Street Number
950
Street Name
Delaware
Street Suffix
Avenue
City (Post Office)
Palmerton
State
PA
Postal Code
18071

Remarks and Miscellaneous

Public Historical Remarks
Road Type: Twp-rd, Roof: Ridged, Level: Grade, Miscellaneous: Zoning Code Commercial
Public Remarks
TURNKEY OPERATION close to Blue Mountain Resort! This well-run tavern is a money maker! 2 Pool tables, darts, jukebox, pinball, & skill machines add to the income of a nice bar menu and beverage selection. Price includes liquor ''R'' license, inventory (excluding alcohol), Kitchen & bar equipment/accessories. Total seating capacity is approximately 60. $2,600/mo additional income from 3 residential units. 18-20 parking spaces recently repaved. Brand new metal roof installed 2021. Owner financing available!

Status Change Information

Price Change Timestamp
2022-11-16T14:44:41Z
Purchase Contract Date
2023-08-08
Close Date
2024-01-31
Close Price
450000

More Information

Unit Details

Number Of Units Leased
5

Location, Tax, and Legal

Parcel Number
29A-33-92
Municipality
Lower Towamensing Township
High School District
Palmerton Area
Cnty&Muni Taxes (Legacy)
772.14
School Tax Amount
3353.26
Tax Annual Amount
4125.4
Tax Assessed Value
55750
Tax Book Number
2445/742
Zoning Description
Commercial

Business Type

Bar/Tavern/Lounge
Yes
Food & Beverage
Yes
Restaurant
Yes

Special Licenses

Liquor
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Residential
Yes

Building Features

Equipment Warranty
Yes
Fixtures Included
Yes
Inventory Included
Yes

Construction Materials

Frame
Yes

Roof

Other
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Oil
Yes

Water Source

Public
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Lot Features

Corner Lot
Yes

Road Frontage Type

State Road
Yes
City Street
Yes
See Remarks
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: Keller Williams Real Estate - Palmerton
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.