108 Penn Ave Avenue
Cresson, PA 16630
PRICE: $75,000
Active | MLS# ag-77071
5832 sq ft
0.78 Acres
The Details
Discover a distinctive mixed-use opportunity situated on two parcels totaling over three-quarters of an acre, offering uncommon flexibility, redevelopment potential, and room for expansion. This two-story building is rich in local history and was once a well-known community gathering place, now ready for its next chapter. The property features four total units, with the owner-occupied unit currently in use and the remaining units vacant, providing an excellent opportunity for an investor or owner-occupant to establish new leases or reposition the asset without tenant constraints. A third unit on the second floor is nearly complete, requiring only finishing touches to be brought online. The main-level former bar space offers a versatile blank canvas, suitable for a restaurant, café, boutique storefront, office use, or potential conversion to additional residential space, subject to approvals. The expansive lot offers ample off-street parking and additional outdoor space rarely found with mixed-use properties, enhancing operational flexibility and future development options. Whether stabilized as a mixed-use investment or adapted for a new concept, the property's layout, land size, and history support a wide range of possibilities. A compelling opportunity for an investor, entrepreneur, or owner-occupant seeking character, scale, and multiple paths forward.
Property Overview
| Style | ******** |
| Property Type | Residential Income |
| Year Built | 0 |
| School District | Penn Cambria |
| County | Cambria |
| Tax Municipality | Sankertown Borough |
| Heat | Natural Gas |
| A/C | None |
| Fireplaces | None |
| Water | Public |
| Exterior Features | Private Entrance |
| Total Taxes | $1,988.00 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Apx Total Fin SqFt | 5832 |
| Apx Above Gr Fin SqFt | 5832 |
| Apx Below Gr Fin SqFt | |
| Lot SqFt | 33976.8 |
| Rooms |
|---|
| Area None |
| Association Fee $ |
| Assessed Value $0 |
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