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Sold for $50,000
  • Tax assessed value
    $50,000

    4938 Route 46, Smethport, PA 16749

    0beds
    4,336sqft
    SingleFamily
    Built in 1948
    1.03 Acres Lot
    $50,400 Zestimate®
    $12/sqft
    $2,604 Estimated rent

    Home value

    $50,400

    Estimated sales range

    Not available

    $2,604/mo

    Zestimate® history
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    What's special

    This well-established bar/restaurant is a turn-key operation and a perfect opportunity for an owner to take advantage of this premier location. This sale does include the liquor license. They also acquired the amusement & Sunday sales permit. This property located outside of Smethport has always been an established business and throughout the years has served the community well. The prime retail oasis boasts is the road frontage on an acre of land with ample parking for several vehicles and is centrally located in a high traffic area, neighboring a large refinery factory for clientele as well as a short distance to Smethport, Bradford, Olean, NY and Interstate 86. This is a profitable bar/restaurant PLUS rental apartment income. The real estate includes 4 bedroom apartment on the second level for the owner for additional income, a consistent revenue. Multiple revenue stream includes: bar, dining, pool & dart leagues and gaming. The building consists of the horseshoe bar, dining area, large kitchen, walk in beer cooler, one walk-in cooler and one walk-in freezer and several storage areas. There are separate entrance for each sections which gives privacy for the dining area. This business is well-known for their weekend specials and leagues. Priced to sell including liquor license, inventory and all the furniture, fixtures and equipment that is owned by the current owners. Please contact the listing office for a detailed copy of list of inventory. This business is a great opportunity for an owner/operator to run as is and possibly to expand further into events, live entertaining and catering or a buyer may have ideas of their own for the real estate/business.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Interior area
    • Total interior livable area: 4,336 sqft

    Property

    Lot
    • Size: 1.03 Acres
    Details
    • Parcel number: 24,00442000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Smethport

    Price history

    DateEventPrice
    4/23/2026Sold$50,000+137.9%$12/sqft
    Source: Public Record Report a problem
    9/20/2023Sold$21,017-90.4%$5/sqft
    Source: Public Record Report a problem
    2/1/2020Listing removed$219,900$51/sqft
    Source: Howard Hanna - Smethport - Howard Hanna Professionals #11440 Report a problem
    10/23/2019Listed for sale$219,900+266.5%$51/sqft
    Source: Howard Hanna - Smethport - Howard Hanna Professionals #11440 Report a problem
    10/3/2008Sold$60,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,785 -47.8%$50,000 -49.6%
    2024$3,417 $99,210
    2023$3,417 $99,210
    2022$3,417 +1.2%$99,210
    2021$3,375 $99,210
    2020$3,375 -5.2%$99,210
    2019$3,559 +11193.7%$99,210
    2018$32 $99,210
    2017-- $99,210
    2016$1,116 $99,210
    2015$1,116 $99,210
    2014$1,116 $99,210

    Find assessor info on the county website

    Neighborhood: 16749

    Nearby schools

    GreatSchools rating