Turnkey Restaurant and Bar-Ready
2811 Lincoln Way, White Oak, PA 15131
For Sale
Contact for pricing
Fully equipped restaurant and bar/grill setup with commercial kitchen, multiple bar areas, and dining plus entertainment space.
Property Size5,662 SF
Price / SF$150.12
Days on Market140
Property Features for 2811 Lincoln Way
General Information
Standard status
Size
Class
Property subtype
Zoning
Investment Type
Additional Details
Business Included
Liquor License
Building Details
Year Built
Stories
Tenancy
Listing Agency:
KW Steel CIty
Listed By:
Jean Ou · License #rs334288
(814) 321-8396
Source:
Crexi
Added: Jun 20
Changed: Oct 28
Last Checked: Nov 6 at 7:26AM
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 KW Steel CIty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a turnkey restaurant and bar/grill space designed for immediate operation. The interior features a versatile layout with tile flooring throughout most of the space, recessed lighting, ceiling fans, and large windows that bring in natural light. Multiple bar areas support both service and guest flow, while dining sections include tables and seating. Additional amenities include built-in TV systems, a pool table area, and a separate entertainment area. A fully equipped commercial kitchen is included, along with handicap-accessible entry.
Located in the heart of White Oak, the building is described as having strong visibility and is surrounded by ample parking for customers and staff. The exterior is presented with a sleek dark exterior finish.
For a buyer seeking a restaurant concept with operational infrastructure already in place, the included equipment and liquor license can reduce the time needed to move from ownership to service. The combination of commercial kitchen readiness, dedicated bar and dining areas, and entertainment features supports a buyer looking for a complete, hospitality-focused setup rather than a raw shell.
Located in the heart of White Oak, the building is described as having strong visibility and is surrounded by ample parking for customers and staff. The exterior is presented with a sleek dark exterior finish.
For a buyer seeking a restaurant concept with operational infrastructure already in place, the included equipment and liquor license can reduce the time needed to move from ownership to service. The combination of commercial kitchen readiness, dedicated bar and dining areas, and entertainment features supports a buyer looking for a complete, hospitality-focused setup rather than a raw shell.
Key Highlights
- Fully equipped restaurant and bar/grill space with a commercial kitchen ready for operation
- Includes multiple bar areas, spacious dining sections with included tables and seating, and a separate entertainment area
- Restaurant interior features tile flooring in most areas, recessed lighting, ceiling fans, and large windows for natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,156
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,120
$1.1M
Cap Rate 7%
$802,229
$802.2K
Cap Rate 9%
$623,956
$624.0K
Market Conditions
NOI Build-Up for 5,662 SF
Gross rent
$78.8K $13.92/SF
− Vacancy
−$3.9K −$0.70/SF
EGI
$74.9K $13.22/SF
− OpEx
−$18.7K −$3.31/SF
NOI
$56.2K $9.92/SF
Area
Allegheny County, PA
Vacancy
5.00%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,120
Cap Rate 7%
$802,229
Cap Rate 9%
$623,956
Alternative Uses
Best Use
Specialty Retail
$802.2K
$702.0K – $935.9K
NOI $56,156 @ 7.0% cap · market cap 6.61%
Second Best
Industrial
$431.5K
$377.6K – $503.5K
NOI $30,207 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,954 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15131, PA
8,144
Population
4,219
Households
1.9
Avg Household Size
52
Median Age
30%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$68,496
Median Household Income
$44,320
Median Earnings
$999
Median Rent
$147,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Allegheny County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant and bar/grill setup with commercial kitchen, multiple bar areas, and dining plus entertainment space.
Where is this conventional restaurant located?
The property is located at 2811 Lincoln Way White Oak, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully equipped restaurant and bar/grill space with a commercial kitchen ready for operation; Includes multiple bar areas, spacious dining sections with included tables and seating, and a separate entertainment area; Restaurant interior features tile flooring in most areas, recessed lighting, ceiling fans, and large windows for natural light
