Mixed-Use Property with
For Sale
Under Contract
$799,000
110 E Pennsylvania Ave 105 N Center Ave, New Stanton, PA 15672
CommercialSale, New Stanton, PA
Property Size6,598 SF
Lot Size0.61 Acres
Price / SF$121.10
Days on Market359
Property Features for 110 E Pennsylvania Ave 105 N Center Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Zoning description
B-1
Directions
intersection of E. Pennsylvania Ave and N. Center Ave
Subdivision
New Stanton
Standard status
Active Under Contract
Lot size
0.61 Acres
Taxes and HOA fees
Tax Annual Amount
18921
Listing Agency:
COLDWELL BANKER REALTY · Coldwell Banker Real Estate
(412) 833-5405
Listed By:
Michael Podolinsky · License #RS313127
(412) 833-5405
Added: Sep 3, 2025
Changed: Aug 26
Last Checked: Aug 27 at 8:06AM
MLS# 1719325
Copyright © 2026 West Penn Multi List, Inc. 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 6,598-square-foot mixed-use building combines a bar and restaurant with an attached pizza and six-pack shop. The restaurant includes a large bar, dining furnishings, wall décor, a beer tap system, stainless steel commercial kitchen, Ansul system, coolers, freezers, eight flat-screen TVs, and a pool table. The adjoining shop has pizza ovens, an ice maker, and walk-in cooler and freezer space.
An attached three-bedroom apartment includes a dining room, living room, and eat-in kitchen. The 0.61-acre property provides parking on all four sides and includes three road signs. Located at the intersection of East Pennsylvania Avenue and North Center, the property is a few minutes from Route 70, the Turnpike, and Route 119. B-1 zoning also supports office, mixed-use, and retail applications.
An attached three-bedroom apartment includes a dining room, living room, and eat-in kitchen. The 0.61-acre property provides parking on all four sides and includes three road signs. Located at the intersection of East Pennsylvania Avenue and North Center, the property is a few minutes from Route 70, the Turnpike, and Route 119. B-1 zoning also supports office, mixed-use, and retail applications.
Key Highlights
- 6,598 SF mixed‑use building on a 0.61‑acre parcel
- Bar and restaurant with stainless steel commercial kitchen and Ansul system
- Attached pizza and six‑pack shop with pizza ovens and walk‑in cooler/freezer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,374
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$687,480
$687.5K
Cap Rate 7%
$491,057
$491.1K
Cap Rate 9%
$381,933
$381.9K
Market Conditions
NOI Build-Up for 6,598 SF
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.
Gross rent
$58.3K $8.83/SF
− Vacancy
−$3.3K −$0.49/SF
EGI
$55.0K $8.34/SF
− OpEx
−$20.6K −$3.13/SF
NOI
$34.4K $5.21/SF
Area
Westmoreland County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$687,480
Cap Rate 7%
$491,057
Cap Rate 9%
$381,933
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,283 @ 7.0% cap · market cap 10.42%
Second Best
Retail
$1.09M
$950.9K – $1.27M
NOI $76,068 @ 7.0% cap · market cap 9.52%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,643 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
186k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 47%
Hotels & Casinos 6%
Sheetz
Shops & Services
47,542 visits/mo
0.2 miles
GetGo Gas Station
Shops & Services
30,330 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
30,290 visits/mo
0.2 miles
McDonald's
Dining
18,371 visits/mo
0.2 miles
Wendy's
Dining
12,766 visits/mo
0.3 miles
Demographics for 15672, PA
3,320
Population
1,675
Households
2
Avg Household Size
45
Median Age
34%
College-Educated
97%
High-School Grad
11.2 sq mi
ZIP Area
296
Density / Sq Mi
$70,709
Median Household Income
$45,410
Median Earnings
$1,031
Median Rent
$235,800
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?
Mixed-use property - Restaurant, pizza shop, retail space, and an attached apartment occupy a flexible B-1-zoned commercial property.
Where is this mixed-use property located?
The property is located at 110 E Pennsylvania Ave 105 N Center Ave New Stanton, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6,598 SF mixed‑use building on a 0.61‑acre parcel; Bar and restaurant with stainless steel commercial kitchen and Ansul system; Attached pizza and six‑pack shop with pizza ovens and walk‑in cooler/freezer
