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Turnkey Brewery and Restaurant
For Sale
$419,999

19 N Main St, Mansfield, PA 16933

For sale brewery and restaurant includes a functioning brewing facility, equipment, and indoor and outdoor seating.

Property Size4,224 SF
Price / SF$99.43
Days on Market799

Property Features for 19 N Main St

General Information

Standard status Active
Size 4,224 SF

Additional Details

Business Included Yes
Listing Agency: Cowanesque Lake Realty LLC
Listed By: Scott Faust
Source: Exprealty
Added: Jul 5, 2024 Changed: Sep 7 Last Checked: Sep 11 at 5:52PM

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 Cowanesque Lake Realty LLC

Investment Insights

Based on property information with market context.

This sale offers a brewery and restaurant operation with a fully functioning brewing facility and the equipment needed to run the business. The property is configured with both indoor and outdoor seating to support dine-in service. An upstairs area is included and could be finished and remodeled into apartments, or used as additional space for storage.

Located at 19 N Main St in downtown Mansfield, PA, the business has operated under original ownership for 14 years, with an established customer base and ongoing events such as trivia nights and live music.

The offering is presented as turnkey, with the brewery and restaurant operating as part of the current setup at the time of listing.

Key Highlights

  • Downtown Mansfield PA brewery and restaurant currently operating under original ownership for 14 years
  • Includes fully functioning brewery and restaurant with the equipment to run operations
  • Indoor and outdoor seating for guests

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,705
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.26%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$694,100 $694.1K
Cap Rate 7%
$495,786 $495.8K
Cap Rate 9%
$385,611 $385.6K
Market Conditions
NOI Build-Up for 4,224 SF 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.
Gross rent
$51.7K $12.24/SF
− Vacancy
−$5.4K −$1.29/SF
EGI
$46.3K $10.95/SF
− OpEx
−$11.6K −$2.74/SF
NOI
$34.7K $8.22/SF
Area
Tioga County, PA
Vacancy
10.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$694,100
Cap Rate 7%
$495,786
Cap Rate 9%
$385,611

Alternative Uses

Best Use
Specialty Retail
$495.8K
$433.8K – $578.4K (±1% cap)
NOI $34,705 @ 7.0% cap · market cap 8.26%
Second Best
Industrial
$352.1K
$308.1K – $410.8K (±1% cap)
NOI $24,646 @ 7.0% cap · market cap 5.87%
Theoretical Best
Healthcare Medical
$719.5K
$629.6K – $839.5K (±1% cap)
NOI $50,368 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Breweries

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 16933, PA

6,643
Population
3,131
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
102.6 sq mi
ZIP Area
65
Density / Sq Mi
$60,707
Median Household Income
$27,697
Median Earnings
$783
Median Rent
$200,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Brewery - For sale brewery and restaurant includes a functioning brewing facility, equipment, and indoor and outdoor seating.
Where is this brewery located?
The property is located at 19 N Main St Mansfield, PA.
What is the asking price?
The asking price for this property is $419,999.
What are key features of this property?
This property features: Downtown Mansfield PA brewery and restaurant currently operating under original ownership for 14 years; Includes fully functioning brewery and restaurant with the equipment to run operations; Indoor and outdoor seating for guests
More about this property
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