Address
52 S 5th Street, Emmaus Boro, PA
Price
$ 1,995,000
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

Price
AVG $470K
$2M
Taxes
AVG $7,348
$17,277
Year Built
AVG 1949
1904