This hidden gem is a rare commercial investment opportunity situated on acreage in the highly desirable Fairview market! Featuring an existing restaurant space, a potential liquor license opportunity that may be able to be reinstated, and 15+ apartment units offering strong income potential, this property is positioned for serious cash flow with the right management and tenant structure. The site is ideal for a brewery, bar, restaurant, hospitality concept, or mixed-use investment play. Highlights include a new roof, new HVAC system, updated plumbing, ample parking, an outbuilding, a finished lower level, wraparound deck, outdoor bar, and fire pit area. With multiple income streams and endless upside, this one-of-a-kind property offers tremendous potential for investors or entrepreneurs ready to bring their vision to life. Liquor license status, apartment count, permitted uses, and future income potential to be verified by buyer. OWNER FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS!
For sale
Price cut: $100K (7/16)
$549,900
7860 W Ridge Rd, Fairview, PA 16415
15beds
6baths
7,564sqft
:
Get pre-qualified$3,733/mo
Multi Family
Built in 1863
-- sqft lot
$510,800 Zestimate®
$73/sqft
$-- HOA
What's special
Existing restaurant spaceFinished lower levelNew roofNew hvac systemAmple parkingUpdated plumbingWraparound deck
- 40 days |
- 842 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Jake Scheloske (814)449-7973,
Agresti Real Estate 814-459-9400
Source: GEMLS,MLS#: 191801Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 6
Heating
- Forced Air, Multi-Fuel
Cooling
- Window Unit(s)
Interior area
- Total structure area: 7,564
- Total interior livable area: 7,564 sqft
Property
Parking
- Total spaces: 20
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 2.84 Acres
- Features: Flat
Details
- Parcel number: 21067102.0007.00
- Zoning description: B-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Resale
- Year built: 1863
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Location
- Region: Fairview
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $174,900
- Annual tax amount: $5,197
- Date on market: 7/2/2026
- Cumulative days on market: 42 days
- Road surface type: Paved
Estimated market value
Zestimate®
$510,800
Estimated sales range
$485,000 - $536,000
Rent Zestimate®
$1,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $549,900-15.4%$73/sqft |
Source: GEMLS #191801 Report a problem | ||
| 7/2/2026 | Listed for sale | $649,900+100%$86/sqft |
Source: GEMLS #191801 Report a problem | ||
| 1/6/2024 | Listed for rent | $500 |
Source: Zillow Rentals Report a problem | ||
| 6/2/2022 | Sold | $325,000-18.7%$43/sqft |
Source: GEMLS #156193 Report a problem | ||
| 9/13/2021 | Pending sale | $399,900$53/sqft |
Source: GEMLS #156193 Report a problem | ||
| 8/18/2021 | Price change | $399,900-5.9%$53/sqft |
Source: GEMLS #156193 Report a problem | ||
| 4/12/2021 | Listed for sale | $424,900-5.6%$56/sqft |
Source: GEMLS #156193 Report a problem | ||
| 2/9/2020 | Listing removed | $449,900$59/sqft |
Source: Agresti Real Estate #136183 Report a problem | ||
| 1/22/2020 | Price change | $449,900-10%$59/sqft |
Source: Agresti Real Estate #136183 Report a problem | ||
| 10/7/2019 | Price change | $499,900-9.1%$66/sqft |
Source: Agresti Real Estate #136183 Report a problem | ||
| 8/8/2019 | Listed for sale | $549,900$73/sqft |
Source: Agresti Real Estate #136183 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 16415
Nearby schools
GreatSchools rating
- 8/10Fairview Middle SchoolGrades: 5-8Distance: 0.8 mi
- 10/10Fairview High SchoolGrades: 9-12Distance: 0.9 mi
- 9/10Fairview El SchoolGrades: K-4Distance: 0.8 mi
Schools provided by the listing agent
- District: Fairview
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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