Property Attributes
- MLS#778785
- TypeSingle Family
- Listing Status Active
- CountyLehigh
- CityEmmaus Boro
- AreaEmmaus
- NeighborhoodNot in Development
- Zip18049
- Style
- Year Built1904
- Taxes$ 17277
- Price$ 1,995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9816
- Lot Size0.183 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
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 property features a 5000+ sq/ft bar/restaurant space, 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. This listing is for the building only. R-license and restaurant equipment available for an additional $499,000. Owner financing options available. Contact listing agent to schedule your showing now.
| Price History | |
|---|---|
| 6/11/2026 | Listed $1,995,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Gas |
| Cooling | CentralAir |
| Utilities | CableAvailable |
| Zoning | B-C-Central Commercial |
| Security Features | SecuritySystem,ClosedCircuitCameras,SmokeDetectors |
| Construction Materials | Brick |
| Year Built | 1904 |
| Stories Count | 3 |
| Property Subtype | MixedUse |
| Gross Income | 180600 |
| County | Lehigh |
| Net Operating Income | 154325 |
| Operating Expense | 26275 |
| Insurance Expense | 12000 |
| Property Type | ResidentialIncome |
| Subdivision Name | Not in Development |
| Status | Active |
| Directions | From Chestnut. S. on S. 4th St. West on Broad. Property on corner of 5th and Broad. |
| ModificationTimestamp | 2026-06-12T14:39:29.447-00:00 |
| City | Emmaus Boro |
| Senior Community Y/N | false |
| High School District | East Penn |
| Number Of Units Total | 9 |
| MLS Area | Emmaus |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 7971 |
| Tax Annual Amount | 17277.12 |
| Fuel Expense | 8450 |
| Water Sewer Expense | 2000 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | East Penn |
| Elementary School District | East Penn |
| Tax Assessed Value | 476400 |
| Property Sub Type Additional | MixedUse |
| PostalCity | Emmaus Borough |
Interior Features
| Total Stories | 3 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| LivingAreaSource | Assessor |
Exterior Features
| Parking Features | ParkingLot,OnStreet |
|---|---|
| Water Source | Public |
| Total Parking | 13 |
| Lot Size Area | 7971 |
| Lot Dimensions | 52.07 X 142.21 IRREG |
| Lot Size Acres | 0.183 |
| Lot Size Source | PublicRecords |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 18049
In The Neighborhood
North Whitehall Twp
$ 459,900
- Type
- Single Family
- Size
- 3,572 SqFt
- Rooms
- 3 Beds + 2.5 Baths
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