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Equipped Bar And Restaurant
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 Market367

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
Listed By: Michael Podolinsky · License #RS313127
Added: Sep 3, 2025 Changed: Sep 4 Last Checked: Sep 4 at 6:06PM
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.

The 6,598-square-foot commercial building is configured for bar and restaurant operations, with a large bar, dining furnishings, beer tap system, stainless commercial kitchen, Ansul system, coolers, freezers, eight flat-screen TVs, and a pool table. The attached pizza and six-pack shop includes pizza ovens, an ice maker, and walk-in cooler and freezer space.

A separate three-bedroom apartment includes a dining room, living room, and eat-in kitchen. Parking extends around all four sides of the building, with three road signs on the property. B-1 zoning also supports office, mixed-use, and retail uses. The property is located at the intersection of East Pennsylvania Avenue and North Center Avenue, a few minutes from Route 70, the Turnpike, and Route 119.

Key Highlights

  • 6,598 SF commercial building with bar and restaurant configuration
  • Attached pizza and six‑pack shop with pizza ovens, ice maker, and walk‑in cooler/freezer
  • Three‑bedroom apartment with dining room, living room, and eat‑in kitchen

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 (±1% cap)
NOI $83,283 @ 7.0% cap · market cap 10.42%
Second Best
Retail
$1.09M
$950.9K – $1.27M (±1% cap)
NOI $76,068 @ 7.0% cap · market cap 9.52%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,643 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby
186k
Monthly Visits Nearby
Balanced
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - B-1-zoned commercial property with a bar, restaurant, attached pizza and six-pack shop, and three-bedroom apartment.
Where is this conventional restaurant 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 commercial building with bar and restaurant configuration; Attached pizza and six‑pack shop with pizza ovens, ice maker, and walk‑in cooler/freezer; Three‑bedroom apartment with dining room, living room, and eat‑in kitchen
More about this property
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