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Bar/Restaurant Opportunity on 1.5 Acres
For Sale
$199,500

2222 Freeport Rd, New Kensington, PA 15068

Bar/restaurant on 1.5 acres with redevelopment potential.

Property Size1,500 SF
Lot Size1.50 Acres
Price / SF$133
Days on Market254

Property Features for 2222 Freeport Rd

General Information

Standard status Active
Size 1,500 SF
Lot size 1.50 Acres

Taxes and HOA fees

Annual Taxes $5,713
Listing Agency: CENTURY 21 AMERICAN HERITAGE
Listed By: Robert Fenoglietto · License #RS330682
Source: Exprealty
Added: Jan 26 Changed: Oct 5 Last Checked: Oct 7 at 5:59PM

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 CENTURY 21 AMERICAN HERITAGE

Investment Insights

Based on property information with market context.

This property presents an investment opportunity on approximately 1.5 acres. The existing building, previously operated as a bar and restaurant, offers approximately 1500 square feet of space. The property's potential extends to multiple uses, offering flexibility for redevelopment. The sale includes two parcels.

Key Highlights

  • 1.5 acre property presents an excellent investment opportunity.
  • Two parcels included.
  • Approximately 1500 sq ft building on site.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Barber Shop Dental Office

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

464
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 69% Shops & Services 31%
Wendy's Dining
16,431 visits/mo 0.5 miles
Taco Bell Dining
12,325 visits/mo 0.3 miles
Denny's Dining
9,439 visits/mo 0.5 miles
Sunoco Shops & Services
6,883 visits/mo 0.2 miles
Sunoco Shops & Services
6,582 visits/mo 0.4 miles

Demographics for 15068, PA

37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
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
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Similar Off Market Nearby

  • Niko’s Spot — 1415 4th Ave, New Kensington, PA 15068
  • Gunny's Restaurant and Lounge — 902 McCandless St, New Kensington, PA 15068
  • CVFC #1 (Arnold #1) Firemen's Club — 1710-1712, 4418, 1712 5th Ave, Arnold, PA 15068
  • botL — 1716 Freeport Rd, New Kensington, PA 15068
  • Augie's Sports Pub — 1818 5th Ave, Arnold, PA 15068

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar/restaurant on 1.5 acres with redevelopment potential.
Where is this bar & pub located?
The property is located at 2222 Freeport Rd New Kensington, PA.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: 1.5 acre property presents an excellent investment opportunity.; Two parcels included.; Approximately 1500 sq ft building on site.
More about this property
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