USAPACresson108 Penn Ave Avenue
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$114,000

10 months ago

108 Penn Ave Avenue, Cresson, PA

0 Bed

4 Bath

5832 sqft

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MLS® 77071

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 5832 sqft
Garage No
Taxes $1,988
Days Active 320
Lot Size 0.78 acres
Approx. Age 0
Avg. Price Per Sqft $19
MLS® Number 77071

Property Address: 108 Penn Ave Avenue, CRESSON, PA, 16630

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number77071
Laundry Level
Central VacNo
FireplaceNo
Acreage0.78
Exterior
GarageNo
Approx. Age0
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

All Remaining Items

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 9, 2025List Date
$114,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 Penn Ave Avenue, CRESSON, PA

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