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39 E State St 5,656 SF 100% Leased Retail Building Albion, PA 16401 $112,715 CAD ($19.93 CAD/SF)
Investment Highlights
- Located between the town’s financial center and post office in a walkable district.
- Liquor license available for transfer prior to closing, subject to separate pricing.
Executive Summary
39 E State Street offers an outstanding opportunity to acquire a commercial property positioned on Albion’s main business corridor. Previously operated as a bar for many years, the property is well-suited for reactivation as a hospitality venue or creative redevelopment for retail, service, or office use. Buyers have the option to secure a transferable liquor license prior to closing for an additional negotiated price, reducing start-up time for a new bar, brewery, or restaurant concept.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
5,656 SF
Building Class
C
Year Built
1932
Price
$112,715 CAD
Price Per SF
$19.93 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.48
Lot Size
0.27 AC
Zoning
Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 01-004-044.0-004.00 | Improvements Assessment | $133,785 CAD |
| Land Assessment | $33,587 CAD | Total Assessment | $167,371 CAD |
Property Taxes
Parcel Number
01-004-044.0-004.00
Land Assessment
$33,587 CAD
Improvements Assessment
$133,785 CAD
Total Assessment
$167,371 CAD
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39 E State St
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