Listing Agency: Berkshire Hathaway HomeServices The Preferred Realty - EAST REGIONAL OFFICE

Listed By: Patrick Conley · License #PA AB068288 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 13 Last Checked: Sep 4 at 9:01PM

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Investment Insights

Based on property information with market context.

This turn-key banquet and restaurant facility is offered with an operational setup that includes a fully equipped kitchen and multiple event spaces. The layout features three large spaces, highlighted by a large welcoming two-story lobby that can serve as flexible gathering space. The main ballroom provides seating for approximately 250, with an additional lounge/bar area offering seating for about 50, and a second-floor ballroom with street-level access that seats approximately 120.

The property is described as being on Route 19 / Banksville Rd, with access to nearby hotels and area attractions. Public remarks also cite over 12,000 daily vehicles along the corridor.

The offering is described as including equipment, personal property, and a liquor license, and the current leasing terms are stated as NNN.

Key Highlights

• Fully equipped banquet/restaurant facility for lease with 12,210 SF of rentable space
• Main ballroom seats approx. 250 with an additional 2nd‑floor ballroom (approx. 120) with street‑level access
• 2nd event space includes lounge/bar area with seating for approx. 50

Property Analytics

Property Profile

Current Use

Gaetano's | Banquet Center ... Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

408

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 15216, PA

22,966

Population

11,194

Households

2.1

Avg Household Size

38

Median Age

47%

College-Educated

96%

High-School Grad

3.4 sq mi

ZIP Area

6,755

Density / Sq Mi

$81,542

Median Household Income

$48,674

Median Earnings

$1,078

Median Rent

$193,700

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Fully equipped banquet and restaurant spaces with a two-story lobby and main ballroom seating for about 250.

Where is this conventional restaurant located?

The property is located at 1617 Banksville Rd Beechview, PA.

What are key features of this property?

This property features: Fully equipped banquet/restaurant facility for lease with 12,210 SF of rentable space; Main ballroom seats approx. 250 with an additional 2nd‑floor ballroom (approx. 120) with street‑level access; 2nd event space includes lounge/bar area with seating for approx. 50