$250,000
Thompson, PA 18465
MLS# PM-142794
6700 sqft

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Property Description
Where History Meets Opportunity..Step into a piece of Susquehanna County history at 198 Jackson Street, Thompson, PA--a truly unique commercial property situated on 7.27 picturesque acres. Once serving as the community's historic grain mill, this landmark property is ready for its next chapter and awaits a visionary owner to restore, reimagine, and transform it into something extraordinary. Rich in character and surrounded by natural beauty, the property offers endless possibilities for entrepreneurs, developers, investors, artists, and hospitality professionals seeking a one-of-a-kind destination.Property Highlights 7.27 acres of scenic land Historic former grain mill with remarkable architectural character Private dam and water feature located behind the building. Two additional outbuildings, including a garage and storage shed Peaceful rural setting with excellent potential for destination tourism Ample space for parking, outdoor gathering areas, gardens, or future expansion Endless Redevelopment Potential This property offers the opportunity to preserve history while creating a thriving new business. Potential uses may include:Boutique Winery or Vineyard,Rustic tasting room,Wine production facility Outdoor patio overlooking the water Event venue for weddings and private gatherings, Artisan Marketplace & Art Gallery Artist studios,Gallery and exhibition space Sculpture gardens, Workshops and creative classes,Monthly artisan markets Event & Wedding Venue, Restored historic mill with exposed beams and industrial charm Outdoor ceremony space near the dam Reception hall, Bridal suites and vendor accommodations, Farm-to-Table Restaurant & Brewery, Destination dining experience Craft brewery or distillery, Outdoor beer garden, Live music and seasonal events Boutique Inn or Retreat Center A Rare Opportunity, Properties with this level of history, acreage, and redevelopment potential is second to none.
Details
Maps
Contract Information
Property Attached YN: No
Rent Control YN: No
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Industrial
List Price: $250,000
Current Price: $250,000
Status: Active
Listing Contract Date: 2026-07-03
Location, Tax, and Legal
Parcel Number: 114.00-2,004.4.00,00
Municipality: Thompson Borough
County Tax Amount: 275
Municipal Tax Amount: 500
School Tax Amount: 1500
Tax Annual Amount: 2275
Tax Assessed Value: 27700
Zoning: COM
Zoning Description: Commercial
FEMA Zone: A
Land Lease YN: No
General Property Information
Above Grade Finished Area: 6400
Below Grade Finished Area: 300
Building Area Source: Public Records
Stories: 2
Number Of Buildings: 2
Garage YN: Yes
Attached Garage YN: No
Garage Spaces: 3
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 15
Lot Size Acres: 8.69
Water Body Access YN: Yes
List Price/SqFt: 37.31
Building Area Total: 6700
Year Built: 1870
Currently Not Used
Number Of Units Total: 2
Remarks and Miscellaneous
Public Remarks: Where History Meets Opportunity..Step into a piece of Susquehanna County history at 198 Jackson Street, Thompson, PA--a truly unique commercial property situated on 7.27 picturesque acres. Once serving as the community's historic grain mill, this landmark property is ready for its next chapter and awaits a visionary owner to restore, reimagine, and transform it into something extraordinary. Rich in character and surrounded by natural beauty, the property offers endless possibilities for entrepreneurs, developers, investors, artists, and hospitality professionals seeking a one-of-a-kind destination.Property Highlights 7.27 acres of scenic land Historic former grain mill with remarkable architectural character
Private dam and water feature located behind the building. Two additional outbuildings, including a garage and storage shed
Peaceful rural setting with excellent potential for destination tourism
Ample space for parking, outdoor gathering areas, gardens, or future expansion
Endless Redevelopment Potential
This property offers the opportunity to preserve history while creating a thriving new business. Potential uses may include:Boutique Winery or Vineyard,Rustic tasting room,Wine production facility
Outdoor patio overlooking the water
Event venue for weddings and private gatherings, Artisan Marketplace & Art Gallery
Artist studios,Gallery and exhibition space
Sculpture gardens, Workshops and creative classes,Monthly artisan markets
Event & Wedding Venue, Restored historic mill with exposed beams and industrial charm
Outdoor ceremony space near the dam
Reception hall, Bridal suites and vendor accommodations, Farm-to-Table Restaurant & Brewery, Destination dining experience
Craft brewery or distillery, Outdoor beer garden, Live music and seasonal events
Boutique Inn or Retreat Center
A Rare Opportunity, Properties with this level of history, acreage, and redevelopment potential is second to none.
Unit Details
Number Of Units Leased: 2
Business Type
Bar/Tavern/Lounge: 1
Arts and Entertainment: 1
Music: 1
Hospitality: 1
Manufacturing: 1
Special Licenses
None: 1
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Owner Pays
Electricity: 1
Taxes: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Close Of Escrow: 1
Structure Type
Industrial: 1
Current Use
Commercial: 1
Possible Use
Commercial: 1
Recreational: 1
Investment: 1
Mixed Use: 1
Property Condition
Fixer: 1
Building Features
Prime Location: 1
Equipment Included: 1
Dock Equipment: 1
Rail Road Track
None: 1
Flooring
Wood: 1
Roof
Asbestos Shingle: 1
Electric
3 Phase: 1
Heating
Fireplace(s): 1
Pellet Stove: 1
Water Source
None: 1
Sewer
None: 1
Exterior Features
Storage: 1
Parking Features
Detached Carport: 1
Driveway: 1
Road Frontage Type
County Road: 1
Road Surface Type
Paved: 1
Water Body View
Yes: 1
Water Body Type
Lake: 1
Water Body Features
Fishing: 1
Water Body Access Type
Owned: 1
Location Tax and Legal
County: Susquehanna
Street Number: 198
Street Name: Jackson
Street Suffix: Street
City (Post Office): Thompson
State: PA
Postal Code: 18465
Subdivision Name: None
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional; 1031 Exchange
Owner Pays: Electricity; Taxes
Possession: Close Of Escrow
Structure Type: Industrial
Current Use: Commercial
Possible Use: Commercial; Recreational; Investment; Mixed Use
Business Type: Bar/Tavern/Lounge; Arts and Entertainment; Music; Hospitality; Manufacturing
Special Licenses: None
Property Condition: Fixer
Building Features: Prime Location; Equipment Included; Dock Equipment
Rail Road Track: None
Flooring: Wood
Roof: Asbestos Shingle
Electric: 3 Phase
Heating: Fireplace(s); Pellet Stove
Water Source: None
Sewer: None
Exterior Features: Storage
Parking Features: Detached Carport; Driveway
Road Frontage Type: County Road
Road Surface Type: Paved
Water Body View: Yes
Water Body Type: Lake
Water Body Features: Fishing
Water Body Access Type: Owned
Listing Office: KW Commercial - Tannersville
Last Updated: July - 05 - 2026
Information deemed reliable but not guaranteed.