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Restaurant with Brewery Equipment

312 Center Road, Monroeville, PA 15146

For Sale
Contact for pricing

Renovated facility includes an event area and seating for up to 180 people.

Property Size9,200 SF
Lot Size1.40 Acres
Price / SF$119.57
Days on Market26

Property Features for 312 Center Road

General Information

Standard status Active
Size 9,200 SF
Lot size 1.40 Acres
Property subtype Hospitality, Special Purpose

Additional Details

Highway Access Yes
Seating Capacity 180
Listing Agency: Weiner Real Estate
Listed By: Jeff Weiner · License PA RM045919A
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:34PM

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 Weiner Real Estate

Rey
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Investment Insights

Based on property information with market context.

This renovated restaurant property occupies 1.4 acres and offers approximately 9,200 square feet of space. Brewery equipment is installed, and the layout includes dining and event areas with seating for 180 people.

The property has access to the Pennsylvania Turnpike, Parkway East (I-376) and Route 22.

Key Highlights

  • Approximately 9,200 square feet on 1.4 acres
  • Brewery equipment in place
  • Seating for 180, including an event area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,246
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,824,920 $1.8M
Cap Rate 7%
$1,303,514 $1.3M
Cap Rate 9%
$1,013,844 $1.0M
Market Conditions
NOI Build-Up for 9,200 SF
Gross rent
$128.1K $13.92/SF
− Vacancy
−$6.4K −$0.70/SF
EGI
$121.7K $13.22/SF
− OpEx
−$30.4K −$3.31/SF
NOI
$91.2K $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%
$1,824,920
Cap Rate 7%
$1,303,514
Cap Rate 9%
$1,013,844

Alternative Uses

Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,246 @ 7.0% cap · market cap 8.30%
Second Best
Industrial
$701.2K
$613.5K – $818.0K (±1% cap)
NOI $49,082 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M (±1% cap)
NOI $164,037 @ 7.0% cap · market cap 14.91%
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

Spencer's Heating Masters Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Auto Parts Store Cafe & Coffee Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15146, PA

28,672
Population
13,508
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
19.6 sq mi
ZIP Area
1,463
Density / Sq Mi
$78,295
Median Household Income
$48,073
Median Earnings
$1,163
Median Rent
$197,500
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

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated facility includes an event area and seating for up to 180 people.
Where is this conventional restaurant located?
The property is located at 312 Center Road Monroeville, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 9,200 square feet on 1.4 acres; Brewery equipment in place; Seating for 180, including an event area
(412) 373-8900 · Office Call to check price and availability
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