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Corner Restaurant with Commercial Kitchen
For Sale
$425,000

1115 Butler Ave, New Castle, PA 16101

Existing dining, lounge, bar, and kitchen areas support continued restaurant use.

Property SizeContact for details
Days on Market14

Property Features for 1115 Butler Ave

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $8,894
Listing Agency: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By: Marco Sibeto
Source: Exprealty
Added: Aug 5 Changed: Aug 17 Last Checked: Aug 17 at 5:15AM

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 BERKSHIRE HATHAWAY THE PREFERRED REALTY

Investment Insights

Based on property information with market context.

Starwood Rib & Steakhouse is an operating restaurant property with a dedicated dining room, bar and lounge area, and a fully equipped commercial kitchen. The improvements are configured for full-service restaurant operations and include on-site parking. The property can continue under its current restaurant identity or accommodate another hospitality concept, as supported by the existing layout and kitchen infrastructure.

Located at the corner of Butler Avenue in New Castle, Pennsylvania, the property combines a visible corner setting with direct access from Butler Avenue. The established restaurant name, Starwood Rib & Steakhouse, is included in the property information and has operated as a local dining destination for decades.

Key Highlights

  • Full‑service restaurant property with dining room, bar, lounge, and commercial kitchen
  • Fully equipped commercial kitchen included
  • Corner location along Butler Avenue in New Castle, PA

Property Analytics

Current Use

Starwood Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Shops & Services 43% Dining 11%
Save-A-Lot Groceries
8,165 visits/mo 0.2 miles
Dollar General Shops & Services
7,564 visits/mo 0.2 miles
SUBWAY Dining
2,010 visits/mo 0.3 miles

Demographics for 16101, PA

31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing dining, lounge, bar, and kitchen areas support continued restaurant use.
Where is this conventional restaurant located?
The property is located at 1115 Butler Ave New Castle, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Full‑service restaurant property with dining room, bar, lounge, and commercial kitchen; Fully equipped commercial kitchen included; Corner location along Butler Avenue in New Castle, PA
More about this property
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