Turnkey Restaurant with Patio
For Sale
$650,000
13524 S Eagle Valley Road, Tyrone, PA 16686
COMMERCIAL - Tyrone, PA
Property Size4,000 SF
Lot Size0.83 Acres
Price / SF$162.50
Days on Market66
Property Features for 13524 S Eagle Valley Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Exterior features
Awning(s), Rain Gutters
Lot features
Level, Level
Elementary school district
Tyrone
Middle school district
Tyrone
High school district
Tyrone
Subdivision
Snyder Township
Standard status
Active
APN
19-5-31
Size
4,000 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Annual Amount
4064
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Propane (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Perry Wellington Realty, LLC
(814) 695-5323
Listed By:
Brian Wilt · License #RS319711
(814) 502-6248
Added: May 27
Changed: Jul 29
Last Checked: Jul 31 at 8:06AM
MLS# 80233
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully equipped, turnkey restaurant sale includes the business operations and all equipment. The property is configured for dine-in service and features an inviting patio for outdoor seating, along with a spacious lot and ample parking to support daily customer traffic.
The restaurant is located just off I-99 in Tyrone, within easy reach of State College and Altoona. The menu and service include breakfast, lunch, and dinner, with handmade pizzas, firehouse cheesesteaks, and ice cream treats described in the listing.
The offering is presented as a long-established, family-owned operation operating for over 20 years. The building and site are positioned to serve both locals and travelers, with patio seating and customer parking highlighted as key site amenities.
The restaurant is located just off I-99 in Tyrone, within easy reach of State College and Altoona. The menu and service include breakfast, lunch, and dinner, with handmade pizzas, firehouse cheesesteaks, and ice cream treats described in the listing.
The offering is presented as a long-established, family-owned operation operating for over 20 years. The building and site are positioned to serve both locals and travelers, with patio seating and customer parking highlighted as key site amenities.
Key Highlights
- Family Chill & Grill / Firehouse Pizza has been family‑owned and operated for over 20 years
- Restaurant serves breakfast, lunch, and dinner, including handmade pizzas (with giant 30‑inch pies), firehouse cheesesteaks, and ice cream treats
- Conveniently located just off I‑99, with easy reach of State College and Altoona
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $15.00 |
| − Vacancy | −$6.3k | −$1.58 |
| EGI | $53.7k | $13.43 |
| − OpEx | −$13.4k | −$3.36 |
| NOI | $40.3k | $10.07 |
4,000 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$575.4K
$503.4K – $671.3K
NOI $40,275 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.86M
$4.25M – $5.67M
NOI $340,089 @ 7.0% cap · market cap 52.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16686, PA
13,861
Population
5,919
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
92%
High-School Grad
146.9 sq mi
ZIP Area
94
Density / Sq Mi
$65,641
Median Household Income
$37,422
Median Earnings
$806
Median Rent
$166,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant on a spacious lot with ample parking and patio seating for dine-in service.
Where is this conventional restaurant located?
The property is located at 13524 S Eagle Valley Road Tyrone, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Family Chill & Grill / Firehouse Pizza has been family‑owned and operated for over 20 years; Restaurant serves breakfast, lunch, and dinner, including handmade pizzas (with giant 30‑inch pies), firehouse cheesesteaks, and ice cream treats; Conveniently located just off I‑99, with easy reach of State College and Altoona