$15,000 Commercial Lot in Colver, Pennsylvania – Former Tavern Parking Lot Sold as Part of a Larger Property Package

$15,000 Commercial Lot in Colver, Pennsylvania – Former Tavern Parking Lot Sold as Part of a Larger Property Package

For buyers and investors searching for an unusual commercial real estate opportunity in Pennsylvania, the vacant parcel at 0 Tripoli Rd, Colver, PA 15927 deserves attention—not because it is a traditional standalone building lot, but because of the specific role it plays within a larger commercial property package.

Listed for $15,000, this approximately 4,791-square-foot lot was previously used as parking for the tavern located at 199 Tripoli Road in Colver. The most important detail for prospective buyers is that this parcel must be sold together with the tavern and another additional lot. In other words, the $15,000 listing should not be viewed as an opportunity to purchase this parking parcel independently.

That requirement changes how the property should be evaluated.

Instead of considering only the approximately 0.11-acre parcel by itself, a serious buyer should examine how it contributes to the complete commercial package. For a tavern, restaurant, neighborhood gathering place, or another permitted commercial operation, dedicated parking can be an essential part of functionality. A separate parking parcel may increase customer capacity, provide additional operational flexibility, and support potential future plans for the adjoining business property.

The land is level, cleared, commercially zoned, and offers year-round access. It has no existing water or sewer service and is being offered as-is. The reported annual property taxes are only about $38, while the tax-assessed value is approximately $400.

For an investor considering the associated tavern property, this small commercial lot may play a much more important role than its size suggests.

Property Overview

The property at 0 Tripoli Rd is vacant commercial land in Colver, Pennsylvania.

Key details from the listing include:

  • Asking price: $15,000
  • Lot size: approximately 4,791 square feet
  • Roughly 0.11 acre
  • Vacant land
  • Commercial zoning
  • Previously used for tavern parking
  • Must be sold with 199 Tripoli Rd tavern
  • Must also be sold with another additional lot
  • Cleared land
  • Level terrain
  • Year-round access
  • No existing sewer service
  • No existing water service
  • Utilities described as “Other, See Remarks”
  • No structures
  • No fencing
  • No pool
  • No HOA
  • Annual reported property taxes: approximately $38
  • Tax-assessed value: approximately $400
  • Offered as-is
  • Cash/commercial terms listed
  • Located in the Colver region

The most important fact remains the package-sale requirement. Buyers should understand the terms of the entire transaction before evaluating the $15,000 asking price.

Understanding the $15,000 Asking Price

At first glance, $15,000 for 4,791 square feet of commercial land may appear to be a simple vacant-land transaction.

It is not.

The listing specifically states that the parcel must be sold with the tavern at 199 Tripoli Rd and another additional lot.

Therefore, buyers should not assume they can purchase this property alone for $15,000 and use it independently.

The asking price should instead be considered one component of a larger real estate acquisition.

Anyone interested in the opportunity should determine:

  • The asking price of the tavern
  • The asking price of the third parcel
  • Whether all properties must close simultaneously
  • Whether separate deeds are involved
  • Whether financing must cover the entire package
  • What equipment or fixtures are included with the tavern
  • What licenses, if any, are associated with the business
  • Whether the parking lot is legally required for the tavern’s current use
  • Whether each parcel can later be sold separately

These questions can materially affect the investment analysis.

Approximately 4,791 Square Feet

The lot measures approximately 4,791 square feet.

That works out to roughly 0.11 acre.

By itself, this is a small parcel.

However, small commercial parcels can still be valuable when they provide necessary parking or additional space for an adjoining business.

In many commercial settings, parking availability directly affects customer convenience.

A business with a good building but insufficient parking may struggle during peak periods.

Customers generally prefer convenient, clearly designated parking areas, particularly for businesses involving food, entertainment, nightlife, or social gatherings.

Because this parcel reportedly served the tavern at 199 Tripoli Road, its value should be assessed partly according to how many vehicles it can accommodate and how easily customers can move between the parking area and business.

Former Parking Lot for the Tavern

The lot’s previous use is one of its defining characteristics.

According to the listing, this land was used as parking for the nearby tavern.

That historical use suggests the property was already integrated into the daily operation of the commercial business.

For a future owner who intends to continue operating the tavern—or create another permitted business at the site—the parking lot could remain strategically important.

A buyer should verify:

  • Current surface condition
  • Parking layout
  • Number of usable spaces
  • Drainage
  • Snow removal requirements
  • Lighting
  • ADA accessibility requirements
  • Access points
  • Traffic flow
  • Local parking regulations

If the lot has not been actively maintained, resurfacing or grading may be necessary.

Why Dedicated Parking Matters for Commercial Real Estate

Parking can significantly influence the usefulness of a commercial property.

A tavern may experience concentrated customer traffic during evenings and weekends. If customers cannot easily park, some may simply choose another location.

Dedicated parking can provide several advantages:

  • Easier customer access
  • Greater capacity during busy periods
  • Reduced reliance on street parking
  • Better organization
  • Potential employee parking
  • Space for deliveries
  • Improved traffic flow
  • More operational flexibility

The economic value of a parking lot therefore cannot always be measured simply by its square footage.

Its relationship to the associated business matters.

Commercial Zoning

The parcel is identified as having commercial zoning.

This is another important feature.

Commercial zoning may potentially permit uses that would not be allowed on residential land.

However, buyers should never assume that every commercial activity is automatically permitted.

Local zoning regulations may govern:

  • Taverns
  • Restaurants
  • Retail businesses
  • Offices
  • Storage
  • Parking
  • Signage
  • Outdoor seating
  • Entertainment
  • Hours of operation
  • Lighting
  • Accessory structures

A prospective owner considering any change in use should contact the relevant local zoning authority before making plans.

Level Terrain

The lot is described as level.

Level land can be particularly useful for parking.

Steep parking areas may create drainage, safety, and winter-weather problems.

A relatively flat parcel is generally easier for:

  • Vehicle access
  • Striping
  • Snow removal
  • Drainage improvements
  • Resurfacing
  • Pedestrian movement

If the current surface requires rehabilitation, a level site may simplify the work.

Cleared Property

The parcel is also described as cleared.

That means buyers are not starting with a heavily wooded piece of raw land.

For continued use as parking, this is useful.

There may be little need for large-scale tree removal before the property can be improved.

Cleared commercial land can also give future owners more flexibility when assessing alternative permitted uses.

Still, buyers should inspect the property in person to determine its present condition.

Year-Round Access

The listing notes year-round access.

This is essential for a business property in Pennsylvania.

Commercial operations cannot rely on seasonal access if customers, employees, deliveries, or emergency services need to reach the property throughout the year.

Buyers should confirm who is responsible for:

  • Snow removal
  • Ice treatment
  • Road maintenance
  • Access maintenance
  • Drainage

For a parking area supporting a tavern, winter maintenance is especially important.

An icy parking surface can create safety and liability concerns.

No Existing Water Service

The parcel does not have water service.

For a parking lot, this may not matter if the property continues to serve only as accessory parking for the tavern.

However, it becomes more significant if a future owner hopes to construct a building or establish another use.

Any development plan involving restrooms, food service, or other water-intensive activities would require investigation into utility availability.

Buyers should determine whether public water is available nearby and what connection costs might be.

No Existing Sewer Service

The parcel also has no sewer service.

Again, this may be acceptable for parking use.

If future development is considered, wastewater treatment becomes a much larger question.

Depending on the location, a buyer may need:

  • Public sewer connection
  • Private septic system
  • Alternative approved wastewater solution

On a parcel of only 4,791 square feet, installing an independent septic system could potentially be difficult because of space requirements.

Therefore, future development should not be assumed without professional review.

No Structures on the Lot

There are currently no buildings identified on this parcel.

That simplifies the property in some ways.

There is no old structure to demolish.

There is no roof or foundation to maintain.

There are no interior systems requiring immediate repair.

For its historical use as a parking area, that makes sense.

A buyer purchasing the commercial package may simply continue using the parcel as supportive land rather than trying to develop it independently.

No HOA

There is no homeowners association associated with the parcel.

That means there are no reported HOA dues.

For commercial property, this is often expected, but it still eliminates one recurring ownership expense.

Local taxes, maintenance, insurance, and business-related expenses will still apply.

Extremely Low Reported Property Taxes

The annual property tax is reported at only $38.

That is unusually low.

If accurate, the parcel itself would have very modest annual tax carrying costs.

However, prospective buyers should confirm current taxes with the appropriate local taxing authority.

The important financial picture is the total cost of the entire required property package, not simply this parking parcel.

The tavern and other lot will presumably carry their own tax obligations.

Tax-Assessed Value of Approximately $400

The tax-assessed value is listed at approximately $400.

Assessment figures are used for property taxation and should not automatically be interpreted as market value.

The current asking price of $15,000 is far higher than the assessment.

That difference does not necessarily mean the property is overpriced.

Commercial land may derive value from location, use, relationship to an adjoining business, and redevelopment possibilities that tax assessments do not fully capture.

Buyers should compare recent commercial land sales in the area if possible.

Sold As-Is

The property is being sold as-is.

That means buyers should conduct their own investigation before closing.

“As-is” generally means a seller is not promising to make repairs or improvements before the transaction.

Prospective buyers should evaluate:

  • Surface condition
  • Drainage
  • Environmental condition
  • Access
  • Boundaries
  • Title
  • Easements
  • Zoning
  • Parking compliance
  • Utility availability
  • Any code issues

Commercial buyers should be especially careful because future business use may depend on regulatory compliance.

Cash and Commercial Terms

The listing identifies cash and commercial as transaction terms.

This may indicate that traditional residential mortgage financing is not appropriate for the property.

Because the lot must be purchased with the tavern and another parcel, buyers may need a commercial real estate loan or sufficient cash for the package.

Commercial financing differs significantly from residential mortgages.

Lenders may evaluate:

  • Business income
  • Property value
  • Borrower credit
  • Down payment
  • Debt-service coverage
  • Appraisal
  • Environmental condition
  • Business plan

Anyone planning to finance the purchase should discuss the full property package with a commercial lender before making an offer.

The Taverns’ Role in the Investment

The associated tavern is central to understanding this listing.

A buyer should not evaluate 0 Tripoli Rd in isolation.

Instead, the key question is whether the tavern and related land together represent a viable opportunity.

Potential buyers may need to analyze:

  • Building condition
  • Seating capacity
  • Kitchen equipment
  • Bar equipment
  • Liquor licensing
  • Local customer base
  • Competition
  • Operating history
  • Renovation costs
  • Parking capacity
  • Property taxes
  • Insurance
  • Utility costs

If the tavern building has strong potential, this parking lot may enhance the package substantially.

Possible Continued Use as Tavern Parking

The simplest future use is likely continuing the property’s historical purpose.

A new owner could potentially continue operating the tavern and maintain this parcel as customer and employee parking.

That could require relatively little change compared with redeveloping the land.

Potential upgrades might include:

  • New gravel
  • Asphalt resurfacing
  • Parking stripes
  • Wheel stops
  • Lighting
  • Drainage
  • Signage
  • Landscaping
  • Security cameras

The cost would depend on the current condition.

Potential Restaurant Use

If local regulations permit, the associated tavern could potentially operate as a restaurant or food-and-beverage establishment under a new concept.

Parking would remain important.

Possible business models might include:

  • Neighborhood restaurant
  • Sports bar
  • Casual dining
  • Pub
  • Tavern
  • Takeout restaurant

Any change in operation would require verification of zoning, licenses, permits, kitchen requirements, fire codes, and parking standards.

Potential Community Gathering Place

Small-town commercial properties sometimes function as more than ordinary businesses.

A tavern can become a neighborhood gathering place.

Depending on the building and local regulations, a buyer might consider hosting:

  • Live music
  • Community gatherings
  • Private parties
  • Sports events
  • Holiday events
  • Local fundraisers

Again, sufficient parking would be critical for these activities.

Could the Lot Support Another Commercial Use?

Because the land is commercially zoned, some buyers may wonder whether it could support another business.

The parcel’s small size, lack of water and sewer, and required package sale make independent redevelopment less straightforward.

Potential alternative uses would need detailed zoning review.

Possible concepts might include:

  • Accessory parking
  • Outdoor seating
  • Storage
  • Small service area
  • Business expansion
  • Delivery area

But none should be assumed to be permitted without municipal confirmation.

Could the Parking Lot Be Expanded?

The presence of another additional lot in the required package may create more flexibility.

Depending on parcel layout, the owner may be able to reorganize parking or improve traffic circulation across multiple lots.

A survey would be useful for understanding how the properties connect.

Buyers should investigate whether parcel boundaries currently interfere with efficient commercial use.

Importance of a Survey

A current survey can be particularly helpful because multiple parcels are involved.

A survey may identify:

  • Exact property lines
  • Access
  • Easements
  • Encroachments
  • Road frontage
  • Utility locations
  • Building relationships
  • Parking layout

When several properties are being purchased together, knowing how they physically connect is essential.

Environmental Due Diligence

Commercial real estate buyers often perform environmental investigations.

Even a former parking lot may warrant review, particularly if nearby commercial activities involved fuel, storage tanks, chemicals, or other materials.

Depending on lender requirements and property history, buyers may consider a Phase I Environmental Site Assessment.

This can help identify potential environmental concerns before purchase.

Liability and Insurance

A commercial parking area creates liability considerations.

Customers walking between their vehicles and the tavern could face risks from:

  • Ice
  • Snow
  • Potholes
  • Poor lighting
  • Uneven surfaces
  • Drainage problems

A future owner should carry appropriate commercial insurance and maintain the parking area safely.

Insurance should be evaluated as part of the total business operating cost.

Snow Removal in Pennsylvania

Winter maintenance can be especially important.

Snow and ice can reduce parking capacity and create hazards.

A commercial property owner may need:

  • Plowing
  • Salting
  • Snow storage areas
  • Drainage management

A small parking lot can still require regular winter maintenance if the associated business remains open year-round.

Investment Analysis Should Cover All Three Properties

Because this lot cannot be purchased separately, the correct financial analysis should focus on the entire package.

A buyer should calculate:

Total acquisition cost
plus
Closing costs
plus
Renovation expenses
plus
Equipment costs
plus
Licensing costs
plus
Insurance
plus
Taxes
plus
Working capital

Only then can the buyer determine whether the commercial opportunity makes financial sense.

Potential Business Income

If the tavern remains operational, the business could potentially generate revenue from:

  • Food sales
  • Beverage sales
  • Events
  • Entertainment
  • Takeout
  • Private parties

However, buyers should never assume the business is profitable simply because it previously operated as a tavern.

Financial records should be reviewed if available.

A serious purchaser may want to examine:

  • Historical sales
  • Operating expenses
  • Utility bills
  • Payroll
  • Licensing fees
  • Insurance
  • Food costs
  • Beverage costs
  • Local competition

Development Costs

Even if the parking lot itself needs little work, the complete property package may require investment.

Potential expenses could include:

  • Tavern renovation
  • Kitchen repairs
  • Electrical upgrades
  • Plumbing
  • Roof work
  • HVAC
  • Parking resurfacing
  • Exterior signage
  • Lighting
  • ADA improvements
  • Fire-safety upgrades
  • Furnishings

A professional property inspection can help establish realistic costs.

Small Lot, Strategic Importance

The most interesting aspect of 0 Tripoli Rd is that its value may have relatively little to do with size.

At only 4,791 square feet, the parcel is small.

But when connected to a tavern, it can serve an essential commercial function.

This demonstrates an important real estate principle: location and functional relationship can matter more than acreage alone.

A small parking parcel beside a business may be more useful than several acres located far away.

Long-Term Ownership Costs

The $38 annual tax bill is extremely modest, but buyers should calculate all long-term costs associated with the complete acquisition.

These may include:

  • Taxes on all parcels
  • Commercial insurance
  • Snow removal
  • Parking maintenance
  • Business licenses
  • Utilities
  • Building repairs
  • Security
  • Trash removal
  • Accounting
  • Payroll

The low price of this parcel should not distract from the broader economics of running commercial real estate.

Potential Resale Considerations

Because this parcel is closely tied to the tavern and another lot, its resale value may also be linked to those properties.

Selling it separately in the future may reduce the functionality of the business property.

Therefore, buyers should investigate whether the parcels are best kept together long term.

A commercial real estate professional or attorney can help evaluate whether consolidation would be beneficial.

Questions Potential Buyers Should Ask

Before making an offer, buyers should seek answers to several important questions:

  • What is the total asking price for all required properties?
  • Why must they be sold together?
  • Are the parcels separately deeded?
  • Is the tavern currently operating?
  • What business equipment is included?
  • Does the sale include a liquor license?
  • How many parking spaces fit on this parcel?
  • Is the parking lot compliant with local regulations?
  • Are there easements between the lots?
  • Is there public water nearby?
  • Is public sewer available?
  • Are there environmental concerns?
  • Are taxes current?
  • Are there any liens?
  • Can the properties be combined?
  • Are there zoning restrictions on changing the tavern’s use?

The answers can significantly influence value.

Who Might Be Interested in This Property Package?

The larger transaction may appeal to:

  • Restaurant operators
  • Tavern owners
  • Local entrepreneurs
  • Commercial real estate investors
  • Experienced hospitality operators
  • Buyers seeking an owner-operated business
  • Investors interested in small-town commercial property

The parking lot itself is unlikely to be the primary reason someone purchases the package.

Its role is supportive but potentially essential.

Who Should Think Carefully Before Buying?

This listing is probably not appropriate for someone simply searching for inexpensive land.

The property cannot be treated like ordinary vacant acreage because it must be purchased with the tavern and another lot.

Buyers who do not want to own or manage commercial property should consider the full obligation carefully.

Similarly, anyone expecting utilities or an immediately buildable standalone commercial site should investigate the limitations before proceeding.

Final Thoughts on 0 Tripoli Rd

At $15,000, 0 Tripoli Rd in Colver, Pennsylvania is an unusual commercial real estate offering.

The property consists of approximately 4,791 square feet of level, cleared commercial land that was previously used as parking for the tavern located at 199 Tripoli Road.

Its most important condition is that it must be sold with the tavern and another additional lot.

For that reason, buyers should not evaluate the $15,000 asking price as though this were an independent vacant-land purchase.

Instead, the parcel should be considered part of a larger commercial package.

The land has no water or sewer service, but its historical parking use may mean extensive utilities are unnecessary if the buyer continues using it for vehicle parking.

Its level terrain, cleared condition, year-round access, commercial zoning, and extremely low reported annual property taxes of approximately $38 are all noteworthy.

For a future tavern or restaurant operator, dedicated parking may be an essential part of the overall business.

For an investor, the key question is whether the complete acquisition—including the tavern, this parking parcel, and the additional lot—offers enough operational or redevelopment potential to justify the total investment.

Careful due diligence should include a review of zoning, parcel boundaries, access rights, environmental conditions, parking capacity, tavern condition, utilities, business licenses, property taxes, insurance, financing, and all sale requirements.

The parcel may contain only a little more than one-tenth of an acre, but its relationship to the adjoining commercial property could make it strategically important.

For the right entrepreneur or commercial real estate investor, the opportunity is not simply to own a $15,000 vacant lot. It is to acquire a piece of land that may help support the functionality, customer access, and future potential of a larger Colver commercial property package.

 

 

Listed on Zillow

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