11142 Highline Drive, Meadville, PA 16335
COMMERCIAL - Meadville, PA
- Added:
- Jul 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 1:06 am
Property Features for 11142 Highline Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Com
- Parking
- 75
- Standard status
- Active
- Lot size
- 1.91 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9806
Building Details
- Year built
- 2005
Listing agent Lucy Wann (724) 776-2900
Listing office COLDWELL BANKER REALTY 20510 Route 19, Pittsburgh, PA (724) 776-2900
Listing date Jul 6, 2026
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.
HighLights
- 6,000 sq ft building built in 2005, currently used as an operating restaurant
- Offered For Sale without the restaurant or equipment
- Seller would consider transferring equipment with the real estate for $1.3M
- Potential to remodel for retail, medical, or office use
- Location near I‑79, between Erie, Cleveland, Akron, Youngstown, and north of Pittsburgh
Overview
The building is located at 11142 Highline Drive in Meadville, Pennsylvania (Crawford County). The site is described as being positioned just minutes from I-79, and the listing notes it sits between the Erie, Cleveland, Akron, Youngstown, and the north of Pittsburgh region.
From a tenant and buyer standpoint, the existing restaurant building offers a turnkey starting point for a new use, or a redevelopment path for a retail, medical, or office building. Because the restaurant operations and equipment are not included as part of the primary offering, buyers have flexibility to plan the improvements and fit-out for their target concept under the site’s commercial zoning designation.
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 | $139.0k | $23.16 |
| − Vacancy | −$14.2k | −$2.37 |
| EGI | $124.7k | $20.79 |
| − OpEx | −$31.2k | −$5.20 |
| NOI | $93.5k | $15.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Meadville
- County
- Crawford
- State
- Pennsylvania
- Longitude
- -80.203118
- Latitude
- 41.619782
