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About the Listing KELL40 - 3383220
Historic Milroy Hotel/Bar with Income-Generating Apartments – 16,000+ Sq Ft of Opportunity Welcome to a rare investment opportunity in the heart of charming Milroy! This historic 16,000+ sq ft mixed-use property offers a turn-key bar and restaurant space, plus five residential apartments—four fully finished and rented, with one awaiting your custom design. The bar and dining area features seating for 50, a welcoming U-shaped bar, a pool table, and brand-new high-top tables. Serve up a small-plate menu with confidence using the brand-new UL-rated commercial kitchen, complete with a new hood, three bottle coolers, three freezers, and an ice machine. Upstairs, you'll find four apartments—two currently rented at $550/month and others $650/month, providing reliable income from day one. The fifth apartment is unfinished, offering you a blank canvas for additional value creation. Multiple storage rooms provide ample space for supplies or future expansion. Comfort is ensured year-round with central air for efficient cooling throughout. The property also features a large off-street parking lot—a major plus in this friendly small town setting. Whether you're looking to run a business, expand your investment portfolio, or live on-site while earning passive income, this property offers flexibility, history, and huge potential. Liquor license included. Recent appraisal completed,
Listing Highlights
Status
Pending
Days on Site
234
Property Type
Commercial Sale
MLS ®
PAMF2052358
Year Built
1878
Total Square Footage
16,438
Lot/Acreage
0.55
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 50
- Zoning: commercial/residential mixed use
- Roof: Metal
- Others:
- Sewer: Public Sewer
- Parking Features: On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,096
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
236 N Main St Milroy, PA 17063
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