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Leased Conventional Restaurant
For Sale
Contact for pricing
Pending

2421 Wilmington Rd, New Castle, PA 16105

Operating restaurant occupied under a month-to-month arrangement with rent, utilities, and taxes paid by the tenant.

Property SizeContact for details
Days on Market143

Property Features for 2421 Wilmington Rd

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Dan Mc Cown & Co Inc
Listed By: Joelynne Scalzo-Koury · License #PA RS345462
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 4:44AM

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 conventional restaurant property is occupied by a Mexican restaurant that has operated at the site for 21 years. The building is currently leased under a month-to-month agreement, providing an established operating history without a long remaining lease term.

The property is located at 2421 Wilmington Rd in Neshannock Township, Lawrence County, Pennsylvania. Under the current arrangement, the tenant pays rent, utilities, and taxes.

Key Highlights

  • Mexican restaurant operating at the property for 21 years
  • Current month‑to‑month lease arrangement
  • Tenant pays rent, utilities, and taxes

Property Analytics

Current Use

El Canelo Mexican ... Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Restaurant Kitchen & Bath Showroom

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Shops & Services 19%
McDonald's Dining
23,789 visits/mo 0.0 miles
Dunkin' Donuts Dining
16,939 visits/mo 0.2 miles
Dollar General Shops & Services
9,142 visits/mo 0.4 miles
SUBWAY Dining
3,771 visits/mo 0.1 miles
Hoss's Steak & Sea House Dining
3,397 visits/mo 0.1 miles

Demographics for 16105, PA

15,420
Population
7,249
Households
2.1
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
602
Density / Sq Mi
$67,256
Median Household Income
$46,539
Median Earnings
$965
Median Rent
$175,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant occupied under a month-to-month arrangement with rent, utilities, and taxes paid by the tenant.
Where is this conventional restaurant located?
The property is located at 2421 Wilmington Rd New Castle, PA.
What are key features of this property?
This property features: Mexican restaurant operating at the property for 21 years; Current month‑to‑month lease arrangement; Tenant pays rent, utilities, and taxes
More about this property
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