Second-Generation Restaurant & Event
1033 Paxton Dr Bethel Park, PA 15102
New
1033 Paxton Dr, Bethel Park, PA, 15102
$1,495,000
For Sale
$1,495,000
Two-story 6,300 SF restaurant/bar with banquet and event space, with ample 50+ space parking at a signalized corner.
Property Size6,300 SF
Price / SF$237.30
Days on Market2
Property Features for 1033 Paxton Dr
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Retail
Listing agency
SVN | Three Rivers Commercial Advisors
(724) 986-8112
Listed by
Michael Kamouyerou · License #RS340004
Source
Naiglobal
Added: Jul 22 Updated: Jul 23 at 2:23AM Checked: Jul 23 at 6:01AM
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
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
Local 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 | $87.7k | $13.92 |
| − Vacancy | −$4.4k | −$0.70 |
| EGI | $83.3k | $13.22 |
| − OpEx | −$20.8k | −$3.31 |
| NOI | $62.5k | $9.92 |
6,300 SF · lease $13.92/SF/yr · vacancy 5.00% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LEVEL 20 Restaurant, ...
Restaurant
Similar For Sale Nearby
FAQs
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
