Search
Operating Brewery with Restaurant
For Sale
$419,999

19 N Main Street, Mansfield, PA 16933

Commercial Sale, Mansfield, PA

Property Size4,224 SF
Lot Size0.09 Acres
Price / SF$99.43
Days on Market786

Property Features for 19 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Elementary school district Southern Tioga
Middle school district Southern Tioga
High school district Southern Tioga
Subdivision Tioga
Standard status Active
Size 4,224 SF
Lot size 0.09 Acres

Building Details

Year built 1901
Listing Agency: Cowanesque Lake Realty LLC
Listed By: Scott Faust
Added: Jul 5, 2024 Changed: Aug 25 Last Checked: Aug 29 at 10:06PM
MLS# 31718725

Copyright © 2026 Northern Mountains of Pennsylvania MLS. 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 4,224-square-foot commercial property combines an operating brewery with a restaurant in a building constructed in 1901. The premises include a brewing facility and the equipment used for both brewery and restaurant operations, along with indoor and outdoor seating. Three bathrooms are identified in the property details.

The business occupies a 0.09-acre site at 19 N Main Street in downtown Mansfield, Pennsylvania. It has operated under its original ownership for 14 years and includes an upstairs area that remains unfinished, providing additional interior space for storage or future remodeling, subject to applicable approvals.

The sale includes the existing brewery and restaurant operation, brewing equipment, and restaurant equipment, allowing the next owner to acquire an established commercial setup rather than an empty building.

Key Highlights

  • Operating brewery and restaurant under original ownership for 14 years
  • 4,224‑square‑foot commercial building constructed in 1901
  • Brewing facility plus equipment for brewery and restaurant operations

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

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Brewery - Established downtown operation includes brewing infrastructure, restaurant seating, and an unfinished upper level.
Where is this brewery located?
The property is located at 19 N Main Street 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: Operating brewery and restaurant under original ownership for 14 years; 4,224‑square‑foot commercial building constructed in 1901; Brewing facility plus equipment for brewery and restaurant operations
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message