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    Established Restaurant & Sports Bar Title is generated by Realmo AI

    1640 N Center Ave, Somerset, PA

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    Thriving restaurant and sports bar in Somerset, Pennsylvania for sale.

    Type:RETAIL
    Property size:
    14,600 SF
    Lot size:
    1.55 Acres
    Price / SF:
    $260/SF
    Added:
    Apr 8, 2025
    Days on Market:
    432
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 1640 N Center Ave

    General Information

    Standard status
    Active
    Size
    14,600 SF
    Lot size
    1.55 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Zach Passman

    Listing agent Clifton McCrory

    Listing office Sands Investment Group (SIG) - Corporate

    Listing date Apr 8, 2025

    Source Moodyscre

    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 Sands Investment Group (SIG) - Corporate

    HighLights

    • Long‑established business with restaurant, sports bar, and live music, offering immediate income.
    • High visibility location with 45,000+ VPD off N Center Ave and Route 76.
    • Located in a thriving area of Somerset, ensuring consistent customer traffic.
    • Proximity to ten hotels/motels and multiple medical centers including UPMC Somerset.
    • Part of a well‑established local corridor surrounded by strong national tenants.
    • Recent renovations including a new 3,000 sq ft outdoor dining area.

    Overview

    This 14,600 square foot property houses a long-established business featuring a restaurant, sports bar, and weekly live music. Located in a thriving area of Somerset, Pennsylvania, the property benefits from consistent customer traffic. The location is part of a well-established local corridor, surrounded by national tenants such as Lowe's Home Improvement, Taco Bell, GetGo Gas, Chipotle, Sheetz, and Subway. Situated off N Center Ave and Route 76, the property benefits from high visibility and significant traffic, with a combined VPD over 45,000. It is strategically located near a heavy hospitality area with ten hotels/motels within a mile radius, as well as multiple medical centers and UPMC Somerset. The business is a well-respected brand in the community and has undergone multiple renovations in the past few years, including a new 3,000 square foot outdoor dining area. This property is suitable for restaurant, retail, and bar businesses.

    Local Financial Insights For 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 $467.8k $32.04
    − Vacancy −$21.1k −$1.44
    EGI $446.7k $30.60
    − OpEx −$134.0k −$9.18
    NOI $312.7k $21.42
    14,600 SF · lease $32.04/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.47M
    $3.91M – $5.21M (±1% cap)
    NOI $312,714 @ 7.0% cap · market cap 8.23%
    Second Best
    Specialty Retail
    $3.38M
    $2.96M – $3.94M (±1% cap)
    NOI $236,657 @ 7.0% cap · market cap 6.23%
    Theoretical Best
    Office A
    $4.63M
    $4.05M – $5.40M (±1% cap)
    NOI $323,770 @ 7.0% cap · market cap 8.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tailgatez Sports Grill Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.0749
    Latitude
    40.0378

    FAQs

    What type of property is this?
    Restaurant - Thriving restaurant and sports bar in Somerset, Pennsylvania for sale.
    Where is this restaurant located?
    The property is located at 1640 N Center Ave Somerset, PA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: Long‑established business with restaurant, sports bar, and live music, offering immediate income.; High visibility location with 45,000+ VPD off N Center Ave and Route 76.; Located in a thriving area of Somerset, ensuring consistent customer traffic.
    (844) 474-4666 Call to check price and availability
    More about this property
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