Turnkey Tavern and
256 Strayer Street Johnstown, PA 15906
256 Strayer Street, Johnstown, PA, 15906
$250,000
For Sale
$250,000
COMMERCIAL - Johnstown, PA
Property Size2,800 SF
Lot Size0.13 Acres
Price / SF$89.29
Days on Market75
Property Features for 256 Strayer Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Parking features
- Off Street
- Exterior features
- Lighting, Private Entrance, Private Yard, Rain Gutters
- Fencing
- Privacy
- Basement
- Unfinished, Full
- Standard status
- Active
- APN
- 90-007.-309.000, 90-007.-312.001
- Size
- 2,800 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 2683/101, 2020-12463
- Tax Annual Amount
- 2268
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Floors in Building
- 2
- Building materials
- Stone, Vinyl Siding
- Roof type
- Metal
- Additional Structures
- Workshop
Listing Agency
Lang Real Estate
(814) 886-8111
210 Ashcroft Avenue, Cresson, PA
Listed by
Lisa Hess · License #RS335258
(814) 232-2162
Added: May 6 Checked: Jul 19 at 2:06 am
MLS# 80151
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 turnkey tavern and restaurant opportunity offers an established interior configuration with a main-level wood bar and side bar, with seating for approximately 30 guests. The space includes a dedicated band room for live entertainment and dancing, along with a pool table and dining area measuring approximately 30 by 24, supporting much of the indoor dining footprint. A fully equipped commercial kitchen is included with a fryer, griddle cooktop, 2-burner stove, microwave, and oven, plus prep areas and a POS system designed to send orders directly to the kitchen. A 16-camera security system provides coverage for both interior and exterior areas.
The upper level includes a spacious office, prep area, full bathroom, abundant storage, and two rooms that could potentially be converted back into living space. The basement features a laundry area, workshop space, utilities, and additional storage. The sale also includes an additional lot intended for expanded parking, along with a liquor license that includes restaurant, Sunday sales, and amusement privileges covering indoor and outdoor service areas.
Additional features include outdoor dining opportunities and the option for an owner-operator setup based on the included upper-level layout.
The upper level includes a spacious office, prep area, full bathroom, abundant storage, and two rooms that could potentially be converted back into living space. The basement features a laundry area, workshop space, utilities, and additional storage. The sale also includes an additional lot intended for expanded parking, along with a liquor license that includes restaurant, Sunday sales, and amusement privileges covering indoor and outdoor service areas.
Additional features include outdoor dining opportunities and the option for an owner-operator setup based on the included upper-level layout.
Key Highlights
- Turnkey tavern and restaurant with all equipment included.
- Includes liquor license with restaurant, Sunday sales, and amusement privileges.
- Additional lot included for expanded parking.
Local Financial Insights For Industrial
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 | $24.7k | $8.83 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $23.3k | $8.34 |
| − OpEx | −$7.0k | −$2.50 |
| NOI | $16.3k | $5.83 |
2,800 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$402.8K
$352.4K – $469.9K
NOI $28,193 @ 7.0% cap · market cap 11.28%
Second Best
Industrial
$233.4K
$204.2K – $272.3K
NOI $16,338 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$844.8K
$739.2K – $985.6K
NOI $59,136 @ 7.0% cap · market cap 23.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wooly's Celtic Pub
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- St. Clair Tremont Club — 724 Fairfield Ave, Johnstown, PA 15906
- Alcove Lounge — 347 Fairfield Ave, Johnstown, PA 15906
- Wooly's Celtic Pub — 256 Strayer St, Johnstown, PA 15906
- KC Tavern — 496 Decker Ave, Johnstown, PA 15906
- Pyramid's Lounge and Catering — 370 Sheridan St, Johnstown, PA 15906
FAQs
What type of property is this?
Bar & Pub - Turnkey tavern and restaurant with wood bar seating, commercial kitchen equipment, and indoor and outdoor service capabilities.
Where is this bar & pub located?
The property is located at 256 Strayer Street Johnstown, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey tavern and restaurant with all equipment included.; Includes liquor license with restaurant, Sunday sales, and amusement privileges.; Additional lot included for expanded parking.
