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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

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!

More Information MLS# PM-99277

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $450,000 Current Price: $450,000 Status: Closed Listing Contract Date: 2022-07-20

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

General Property Information

Above Grade Finished Area: 4860 Building Area Source: Estimated Stories: 3 Number Of Buildings: 1 Year Built Source: Estimated Lot Size Acres: 0.39 List Price/SqFt: 118.31 Sold Price/SqFt: 92.59 Building Area Total: 4860 Year Built: 1900

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!

Unit Details

Number Of Units Leased: 5

Business Type

Bar/Tavern/Lounge: 1 Food & Beverage: 1 Restaurant: 1

Special Licenses

Liquor: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Possible Use

Residential: 1

Building Features

Equipment Warranty: 1 Fixtures Included: 1 Inventory Included: 1

Construction Materials

Frame: 1

Roof

Other: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Heating

Oil: 1

Water Source

Public: 1

Sewer

Septic Tank: 1

Parking Features

On Site: 1

Lot Features

Corner Lot: 1

Road Frontage Type

State Road: 1 City Street: 1 See Remarks: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

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

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

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