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Restaurant with Patio Seating
For Sale
$650,000

13524 S Eagle Valley Road, Tyrone, PA 16686

Commercial Sale, Tyrone, PA

Property Size4,000 SF
Lot Size0.83 Acres
Price / SF$162.50
Days on Market141

Property Features for 13524 S Eagle Valley Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Exterior features Awning(s), Rain Gutters
Lot features Level, Level
Elementary school district Tyrone
Middle school district Tyrone
High school district Tyrone
Subdivision Snyder Township
Standard status Active
APN 19-5-31
Size 4,000 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Annual Amount 4064

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Perry Wellington Realty, LLC
Listed By: Brian Wilt · License #RS319711
Added: May 27 Changed: Oct 8 Last Checked: Oct 14 at 4:06AM
MLS# 80233

Copyright © 2026 Allegheny Highland Association of Realtors. 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 4,000-square-foot restaurant property sits on 0.83 acres in Tyrone and includes a fully equipped food-service operation. The business has operated under family ownership for more than 20 years and serves breakfast, lunch, and dinner, with pizza, cheesesteaks, and ice cream among its offerings. The site also provides patio seating and on-site parking.

Built in 1960, the building has vinyl siding, a shingle roof, central air, and forced-air propane heat. Public water and public sewer serve the property. Its address on S Eagle Valley Road places it just off I-99, with access to both State College and Altoona. The sale includes the restaurant equipment.

Key Highlights

  • 4,000‑square‑foot restaurant building on 0.83 acres
  • Family‑owned and operated for over 20 years
  • Fully equipped operation with all equipment included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,275
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,500 $805.5K
Cap Rate 7%
$575,357 $575.4K
Cap Rate 9%
$447,500 $447.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$60.0K $15.00/SF
− Vacancy
−$6.3K −$1.58/SF
EGI
$53.7K $13.43/SF
− OpEx
−$13.4K −$3.36/SF
NOI
$40.3K $10.07/SF
Area
Blair County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,500
Cap Rate 7%
$575,357
Cap Rate 9%
$447,500

Alternative Uses

Best Use
Specialty Retail
$575.4K
$503.4K – $671.3K (±1% cap)
NOI $40,275 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.86M
$4.25M – $5.67M (±1% cap)
NOI $340,089 @ 7.0% cap · market cap 52.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Plumbing Service Auto Parts Store Storage Facility (Bike/Boat/Book/etc) 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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Well-served
Demand for This Use

Demographics for 16686, PA

13,861
Population
5,919
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
92%
High-School Grad
146.9 sq mi
ZIP Area
94
Density / Sq Mi
$65,641
Median Household Income
$37,422
Median Earnings
$806
Median Rent
$166,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully equipped food-service property serving breakfast, lunch, and dinner near I-99 in Tyrone.
Where is this conventional restaurant located?
The property is located at 13524 S Eagle Valley Road Tyrone, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,000‑square‑foot restaurant building on 0.83 acres; Family‑owned and operated for over 20 years; Fully equipped operation with all equipment included
More about this property
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