52 S 5th ST, Emmaus Boro, PA 18049
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52 S 5th ST, Emmaus Boro, PA 18049
52 S 5th ST, Emmaus Boro, PA 18049
52 S 5th ST, Emmaus Boro, PA 18049
52 S 5th ST, Emmaus Boro, PA 18049
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$ 2,494,000
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52 S 5th ST Emmaus Boro, PA 18049

9,816 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,816 sqft

Price per Sqft $254

MLS Listing ID 778074

HOA Y/N No

Year Built 1904

Annual Tax Amount $17,277

Lot Size 7,971 Sqft

Acres 0.183

Lot Dimensions 52.07 X 142.21 IRREG

Property Sub-Type Apartment

Property Description

An exceptional opportunity to acquire a well-known commercial property in one of the Lehigh Valley's most desirable communities with a proforma cap rate of 7.7%. Formerly home to Volpe's Sports Bar, this highly visible corner location offers outstanding potential for a restaurant, tavern, sports bar, entertainment venue, brewery, event space, or adaptive commercial redevelopment. Strategically positioned along Broad Street in downtown Emmaus, the property benefits from strong local traffic, established neighborhood demographics, and excellent accessibility to surrounding residential and commercial districts. This turn key sale includes R Liquor License, bar and restaurant equipment, 6 one BR and two 2 BR apartments. Emmaus continues to attract residents and visitors seeking a vibrant small-town atmosphere with strong community support for local dining, entertainment, and hospitality businesses. This ready-to-go hospitality location presents a rare chance to establish a new concept in a property that has long served as a local gathering place. Price breakdown: $1,995,000 for the building and $499,000 for the R-license and equipment. Owner financing options available. Contact listing agent to schedule your showing now.

Location

State PA

County Lehigh

Area Emmaus

Direction From Chestnut. S. on S. 4th St. West on Broad. Property on corner of 5th and Broad.

Interior

Heating Ductless, Gas

Cooling Central Air, Ductless

Inclusions Real Estate/Business

Fireplace No

Exterior

Parking Features Parking Lot, On Street

Water Access Desc Public

Roof Type Composition,Flat

Street Surface Asphalt

Road Frontage City Street

Total Parking Spaces 13

Building

Sewer Public Sewer

Water Public

Schools

School District East Penn

Others

Tax ID 549454985995 001

Special Listing Condition None


Listed by Heart and Home Realty LLC
Barrington Virgo
Barrington Virgo

Agent | License ID: RS340227

+1(484) 426-3741 | bvirgohomes@gmail.com

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52 S 5th ST