Beer Distributor with
For Sale
$799,000
1814 W State Street, New Castle, PA 16101
CommercialSale, Union Twp, PA
Property Size2,500 SF
Lot Size0.29 Acres
Price / SF$319.60
Days on Market323
Property Features for 1814 W State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Zoning description
CC
Parking
6
Subdivision
Union Twp - LAW
Standard status
Active
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
4689
Building Details
Year built
2019
Building materials
Steel
Listing Agency:
CASTLE REALTY
Listed By:
Shellie Staph · License #RS321487
(724) 654-5589
Added: Nov 24, 2025
Changed: Oct 8
Last Checked: Oct 13 at 5:06PM
MLS# 1731837
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.
Investment Insights
Based on property information with market context.
Built in 2019, this 2,500-square-foot steel building is configured for beer distribution, with a drive-through service lane and space for walk-in customers. The sale includes a Master ID License and FF&E, including commercial coolers, slushy machines, shelving, neon signage, and a gaming room equipped with Reznor heaters.
The property occupies 0.29 acres and has six dedicated parking spaces. Its zoning designation is CC.
The property occupies 0.29 acres and has six dedicated parking spaces. Its zoning designation is CC.
Key Highlights
- 2,500‑square‑foot steel building constructed in 2019
- Drive‑through service lane and six dedicated parking spaces
- Sale includes Master ID License and FF&E
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,535
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,700
$490.7K
Cap Rate 7%
$350,500
$350.5K
Cap Rate 9%
$272,611
$272.6K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$35.1K $14.04/SF
− Vacancy
−$2.4K −$0.95/SF
EGI
$32.7K $13.09/SF
− OpEx
−$8.2K −$3.27/SF
NOI
$24.5K $9.81/SF
Area
Lawrence County, PA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,700
Cap Rate 7%
$350,500
Cap Rate 9%
$272,611
Alternative Uses
Best Use
Specialty Retail
$350.5K
$306.7K – $408.9K
NOI $24,535 @ 7.0% cap · market cap 3.07%
Second Best
Retail
$297.0K
$259.9K – $346.5K
NOI $20,790 @ 7.0% cap · market cap 2.60%
Theoretical Best
Warehouse
$3.04M
$2.66M – $3.54M
NOI $212,556 @ 7.0% cap · market cap 26.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Beauty & Spa 5%
Home Improvements & Furnishings 5%
Dining 4%
GetGo Gas Station
Shops & Services
19,765 visits/mo
0.1 miles
Dollar General
Shops & Services
8,737 visits/mo
0.4 miles
AutoZone
Shops & Services
2,158 visits/mo
0.4 miles
Cosmoprof
Beauty & Spa
1,960 visits/mo
0.3 miles
SUBWAY
Dining
1,371 visits/mo
0.1 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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A drive-through service lane complements the walk-in area and included beverage-retail equipment.
Where is this grocery and convenience store located?
The property is located at 1814 W State Street New Castle, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,500‑square‑foot steel building constructed in 2019; Drive‑through service lane and six dedicated parking spaces; Sale includes Master ID License and FF&E
