Second-Generation Restaurant & Event
For Sale
$1,495,000
1033 Paxton Dr, Bethel Park, PA 15102
Two-story 6,300 SF restaurant/bar with banquet and event space, with ample 50+ space parking at a signalized corner.
Property Size6,400 SF
Price / SF$237.30
Days on Market94
Property Features for 1033 Paxton Dr
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Retail
Additional Details
Traffic Count
15,435 vehicles/day
Building Details
Building Size
6,400 SF
Stories
2
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Michael Kamouyerou · License ##RS366486
(724) 986-8112
Source:
Naiglobal
Added: Jul 22
Changed: Oct 13
Last Checked: Oct 23 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1033 Paxton Dr in Bethel Park, this 6,300 SF, second-generation restaurant and banquet facility offers a turnkey hospitality and events configuration. The property includes 3,400 SF on the first floor and 3,000 SF on the second floor, with an established restaurant, bar, and banquet/event venue setup. The layout is described as flexible, supporting uses such as a restaurant, sports bar, banquet hall, event center, private club, brewery, or entertainment venue.
The building is positioned at a signalized corner of Library Road (Route 88) and Paxton Drive within a high-activity retail corridor. It is shadow-anchored by Bethel Park Shopping Center, including Walmart and Giant Eagle, and the property benefits from strong visibility and ample parking with 50+ spaces. Library Road (PA-88) is reported at 15,435 VPD, reinforcing the center’s accessibility and traffic exposure for dining and events.
The building is positioned at a signalized corner of Library Road (Route 88) and Paxton Drive within a high-activity retail corridor. It is shadow-anchored by Bethel Park Shopping Center, including Walmart and Giant Eagle, and the property benefits from strong visibility and ample parking with 50+ spaces. Library Road (PA-88) is reported at 15,435 VPD, reinforcing the center’s accessibility and traffic exposure for dining and events.
Key Highlights
- 6,300 SF two‑story restaurant, bar, and banquet/event facility at 1033 Paxton Drive in Bethel Park, PA
- 3,400 SF on the first floor and 3,000 SF on the second floor with an established restaurant/bar and banquet/event configuration
- Flexible layout suitable for uses such as restaurant, sports bar, banquet hall, event center, private club, brewery, or entertainment venue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,483
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,660
$1.2M
Cap Rate 7%
$892,614
$892.6K
Cap Rate 9%
$694,256
$694.3K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$87.7K $13.92/SF
− Vacancy
−$4.4K −$0.70/SF
EGI
$83.3K $13.22/SF
− OpEx
−$20.8K −$3.31/SF
NOI
$62.5K $9.92/SF
Area
Allegheny County, PA
Vacancy
5.00%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,660
Cap Rate 7%
$892,614
Cap Rate 9%
$694,256
Alternative Uses
Best Use
Specialty Retail
$892.6K
$781.0K – $1.04M
NOI $62,483 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,330 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
15,435 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 40%
Groceries 8%
McDonald's
Dining
27,793 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,441 visits/mo
0.2 miles
BP
Shops & Services
13,462 visits/mo
0.3 miles
Crumbl Cookies
Dining
7,693 visits/mo
0.5 miles
Fine Wine & Good Spirits
Groceries
6,774 visits/mo
0.3 miles
Demographics for 15102, PA
30,548
Population
14,160
Households
2.2
Avg Household Size
47
Median Age
53%
College-Educated
98%
High-School Grad
10.6 sq mi
ZIP Area
2,882
Density / Sq Mi
$106,851
Median Household Income
$63,493
Median Earnings
$1,220
Median Rent
$260,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-story 6,300 SF restaurant/bar with banquet and event space, with ample 50+ space parking at a signalized corner.
Where is this conventional restaurant located?
The property is located at 1033 Paxton Dr Bethel Park, PA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6,300 SF two‑story restaurant, bar, and banquet/event facility at 1033 Paxton Drive in Bethel Park, PA; 3,400 SF on the first floor and 3,000 SF on the second floor with an established restaurant/bar and banquet/event configuration; Flexible layout suitable for uses such as restaurant, sports bar, banquet hall, event center, private club, brewery, or entertainment venue
