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Off Market
1/17

540 Main St
Clarion, PA 16214


OVERVIEW

The Captain Loomis Bar & Restaurant is a unique business opportunity in the heart of the college town of Clarion, PA. A hallmark bar that draws both locals and college students. This building houses a bar, pizza kitchen, full service restaurant, outdoor covered patio, auxiliary bar, banquet room, 13 apartments, 6 hotel rooms, and a full third floor that could be converted to more apartments or hotel rooms. This is a historical building, originally owned by Captain John Loomis who perished in the Civil War. The sale includes the bar, restaurant, hotel, building, equipment, and liquor license. There is some dedicated parking behind the building. Eleven of the apartments are currently rented at $550 a month each. Apartments have a separate entrance. Bar and pizza kitchen are currently open and operating. Restaurant is closed but could easily be opened in short order. Owner is retiring and moving out-of-state. This business has so much potential for the motivated, aspiring bar/restaurant owner!

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Captain Loomis Bar & Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

31800

STORIES

3

YEAR BUILT

1860

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

005-012300