Restaurant with Covered
For Sale
$1,250,000
403 Main STREET, Ford City, PA 16226
The sale includes the restaurant business, real estate, liquor license, and operating equipment.
Property Size4,800 SF
Price / SF$260.42
Days on Market10
Property Features for 403 Main STREET
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$5,802
Amenities
private office
storage
Building Details
Year Built
1979
Abandoned
No
Listing Agency:
HOWARD HANNA REAL ESTATE SERVICES
Listed By:
Angela Fox/Denise Lewandowski · License #RS312245
(724) 842-2200
Source:
Nelsonrealtypa
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 15 at 5:23AM
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 HOWARD HANNA REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This 4,800-square-foot restaurant property includes a commercial kitchen with an Ansul fire-suppression system, a dining room, bar, and full dry basement with storage and a private office. The dining room accommodates approximately 80 guests, while the bar has seating for at least 36. A covered patio added more recently offers seating for about 40–50, along with ceiling fans and televisions. The sale includes the business, real estate, liquor license, equipment, and fixtures. The building was constructed in 1979.
At 403 Main Street in Ford City Borough, the property fronts busy state highway Route 66 and has ample parking. The bar features a large cooler, multiple televisions, and beer taps; the patio also has televisions and composite furniture. New flooring was installed throughout the bar and dining areas.
At 403 Main Street in Ford City Borough, the property fronts busy state highway Route 66 and has ample parking. The bar features a large cooler, multiple televisions, and beer taps; the patio also has televisions and composite furniture. New flooring was installed throughout the bar and dining areas.
Key Highlights
- 4,800 sq ft restaurant and bar property
- Sale includes the business, real estate, liquor license, equipment, and fixtures
- Dining room seats approximately 80; bar seating for at least 36
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,996
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,920
$1.2M
Cap Rate 7%
$828,514
$828.5K
Cap Rate 9%
$644,400
$644.4K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$86.4K $18.00/SF
− Vacancy
−$9.1K −$1.89/SF
EGI
$77.3K $16.11/SF
− OpEx
−$19.3K −$4.03/SF
NOI
$58.0K $12.08/SF
Area
Armstrong County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,920
Cap Rate 7%
$828,514
Cap Rate 9%
$644,400
Alternative Uses
Best Use
Specialty Retail
$828.5K
$725.0K – $966.6K
NOI $57,996 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,584 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Sheetz
Shops & Services
27,286 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,252 visits/mo
0.5 miles
Sheetz Car Wash
Shops & Services
1,646 visits/mo
0.2 miles
SUBWAY
Dining
1,572 visits/mo
0.2 miles
Demographics for 16226, PA
7,880
Population
4,241
Households
1.9
Avg Household Size
48
Median Age
23%
College-Educated
95%
High-School Grad
58.6 sq mi
ZIP Area
134
Density / Sq Mi
$61,563
Median Household Income
$40,220
Median Earnings
$829
Median Rent
$120,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the restaurant business, real estate, liquor license, and operating equipment.
Where is this conventional restaurant located?
The property is located at 403 Main STREET Ford City, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,800 sq ft restaurant and bar property; Sale includes the business, real estate, liquor license, equipment, and fixtures; Dining room seats approximately 80; bar seating for at least 36
