220 5th Street Freeport, PA $ 400,000
220 5th Street
$ 400,000
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220 5th Street

Freeport, PA, 16229
$ 400,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,463

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Commercial Property for sale in Freeport, PA

for $400,000. The lot size is 0.2.

Calling all entrepreneurs, investors, and anyone who has ever said, “You know what this town needs?” Here is your chance to own the iconic Lock 5 Tavern in the heart of Freeport, PA. This well-known local tavern sits just steps from the river and brings together something every commercial buyer loves: location, real estate, business potential, and room to grow. The main tavern offers a lively, established setting with plenty of character, community recognition, and an upstairs game room that could be used for events, private parties, leagues, live entertainment, or expanded seating. But wait, because this one is not just a bar with a beer cooler and a dream. Included with the sale are two additional parcels, including the lot beside the bee mural and a separate lot with a modern 4-stall garage, opening the door for additional parking, storage, rental income, expansion, outdoor seating, food truck events, or future development opportunities. Recent improvements add serious value, including a new metal roof, on-demand hot water, updated electrical in the bar and garage, a new block wall on the garage, updated flooring, newer coolers, and a high-efficiency furnace. The heavy lifting has already been started, which means the next owner can focus on vision, growth, and making money instead of chasing problems with a wrench. Whether you are looking to operate a hometown tavern, expand a hospitality portfolio, create an event-friendly destination, or invest in a Freeport property with multiple income possibilities, Lock 5 Tavern is full of potential. Iconic name, river-town charm, multiple parcels, garage space, and room for creativity. This is not just a bar, it is a business opportunity with personality.

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 2,471

Style

Lot Size

0.2

Town/City

Freeport

County/Region

Armstrong

MLS | Web ID

1721847

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning Com
Property Subtype Business
Business Type Bar/Tavern/Lounge Restaurant
County Armstrong
Property Type Commercial Sale
Status Active
City Freeport Boro
Zoning Description Com
MLS Area Freeport Boro
Lot Size Units Acres
Tax Annual Amount 2471
MLS Area Minor Freeport Boro
Standard Status Active
Tax Assessed Value 13750
Property Sub Type Additional Business Other
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Interior
Total Baths 0
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Exterior
Lot Size Area 0.2
Lot Dimensions .2 acres
Lot Size Acres 0.2
Road Frontage Type City Street
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* Excluded Features
List By
Tara Smith

Listing Agent

Lpt Realty, Llc.

Broker

realtor.tarasmith3@gmail.com

Email

Affordability Calculator

$2,669
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$206
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$400,000 -11.11% Price Down
11/3/2025$450,000 Listed Price

Map


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220 5th Street, Freeport, PA, 16229 is a Commercial Property for sale at $400,000 with a lot size of 0.2. The property's zip code is 16229 which is in Freeport, PA