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One-Story Restaurant with Basement
For Sale
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228 N Liberty St, New Castle, PA 16102

Bakery business includes equipment and an attached leased unit generating additional income.

Property Size3,150 SF
Price / SF$63.49
Days on Market201

Property Features for 228 N Liberty St

General Information

Standard status Active
Size 3,150 SF
Property subtype Business for Sale, Retail
Zoning C-1
Occupancy 100%
Investment Type Owner/User
Net Operating Income $63,296

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Stories 1
Construction masonry
Listing Agency: Dan Mc Cown & Co Inc
Listed By: Joelynne Scalzo-Koury · License #PA RS345462
Source: Crexi
Added: Feb 10 Changed: Aug 29 Last Checked: Aug 29 at 7:23PM

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 Dan Mc Cown & Co Inc

Investment Insights

Based on property information with market context.

This 3,150-square-foot bakery property combines a one-story commercial building with a full basement and an attached secondary unit. The structure features masonry bearing walls and a solid-brick exterior. Equipment is included, with a complete inventory available in the MLS supplements. The attached unit is fully rented and provides an additional income stream.

Located at 228 N Liberty St in New Castle, PA, the property carries C-1 zoning, identified as a General Business District. The current owner is retiring and will provide training to support the transition. The bakery business and real estate are offered together, with the existing operation, equipment, and leased attached unit forming the core components of the offering.

Key Highlights

  • 3,150‑square‑foot bakery property with a one‑story building and full basement
  • Masonry bearing walls and solid‑brick exterior construction
  • Attached unit is fully rented and provides additional income

Property Analytics

Current Use

Bill's Bake Shoppe Bakery

Suggested Use

Top Pick Electrical Service Pharmacy Big Box & Wholesale Store Restaurant Plumbing Service (Bike/Boat/Book/etc) 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

83
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,330 visits/mo 0.3 miles
Citgo Shops & Services
3,901 visits/mo 0.2 miles

Demographics for 16102, PA

5,468
Population
2,390
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
24.3 sq mi
ZIP Area
225
Density / Sq Mi
$52,480
Median Household Income
$38,206
Median Earnings
$948
Median Rent
$97,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Bakery business includes equipment and an attached leased unit generating additional income.
Where is this conventional restaurant located?
The property is located at 228 N Liberty St New Castle, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 3,150‑square‑foot bakery property with a one‑story building and full basement; Masonry bearing walls and solid‑brick exterior construction; Attached unit is fully rented and provides additional income
More about this property
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