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Listed by Tanner Kibe • Keller Williams Advantage Realty
$389,000
Est. payment /mo
0.55 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PAMF2052358
Year Built 1878
Annual Tax Amount $4,096
Tax Year 2025
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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,
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,
Location
State PA
County Mifflin
Area Armagh Twp (156120)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Propane - Leased
Exterior
Garage Spaces 50.0
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 50
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mifflin County
Others
Tax ID 12 ,22-0301--,000
Ownership Fee Simple
Special Listing Condition Standard
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