Turnkey Event Center with Flex
4512 W State St Edinburg, PA 16116
4512 W State St, Edinburg, PA, 16116
$399,000
For Sale
$399,000
Fully equipped banquet and event center with a main facility and a lower-level flex space with garage doors.
Property Size3,100 SF
Lot Size0.91 Acres
Price / SF$128.71
Days on Market33
Property Features for 4512 W State St
General Information
- Standard status
- Active
- Size
- 3,100 SF
- Lot size
- 0.91 Acres
Listing Agency
KELLER WILLIAMS STEEL CITY
(724) 933-8500
Listed by
Keri Thomas
(724) 933-8500
Source
Exprealty
Added: Jun 16 Checked: Jul 17 at 6:09 pm
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 KELLER WILLIAMS STEEL CITY
Investment Insights
Based on property information with market context.
This turnkey banquet and event center includes a main-level event facility and an additional lower-level flex area. The property is described as fully operational and ready for immediate ownership, with included commercial kitchen, banquet furnishings, tables, chairs, fixtures, and event equipment. The main-level facility is approximately sized to accommodate up to 150 guests.
The lower level offers flexible rental and operational options, featuring four garage doors, high ceilings, office space, additional restrooms, and rear parking area access. Additional amenities include two ADA-compliant parking spaces located directly in front of the building, along with access to a larger shared parking area through a long-term parking agreement maintained by the township.
The property is positioned along Route 224 near the Pennsylvania-Ohio border and is offered with business operations and included furnishings, fixtures, equipment, and goodwill as part of the sale. The lower-level setup is presented as suitable for storage, workshops, contractor operations, light commercial use, or future expansion.
The lower level offers flexible rental and operational options, featuring four garage doors, high ceilings, office space, additional restrooms, and rear parking area access. Additional amenities include two ADA-compliant parking spaces located directly in front of the building, along with access to a larger shared parking area through a long-term parking agreement maintained by the township.
The property is positioned along Route 224 near the Pennsylvania-Ohio border and is offered with business operations and included furnishings, fixtures, equipment, and goodwill as part of the sale. The lower-level setup is presented as suitable for storage, workshops, contractor operations, light commercial use, or future expansion.
Key Highlights
- Approximately 3,100 SF main‑level banquet and event center on 0.912 acres, accommodating up to 150 guests
- Fully equipped for operations, including commercial kitchen, banquet furnishings, tables, chairs, fixtures, and event equipment
- Lower level offers flexible income‑producing rental space with four garage doors, high ceilings, office space, and additional restrooms
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $11.40 |
| − Vacancy | −$2.0k | −$0.64 |
| EGI | $33.4k | $10.76 |
| − OpEx | −$11.7k | −$3.77 |
| NOI | $21.7k | $7.00 |
3,100 SF · lease $11.40/SF/yr · vacancy 5.60% · expense 35.00%
Alternative Uses
Best Use
Industrial
$3.10M
$2.71M – $3.62M
NOI $217,057 @ 7.0% cap · market cap 54.40%
Second Best
Flex RnD
$309.8K
$271.1K – $361.4K
NOI $21,685 @ 7.0% cap · market cap 5.43%
Theoretical Best
Warehouse
$3.77M
$3.29M – $4.39M
NOI $263,569 @ 7.0% cap · market cap 66.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wedding venues
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Fully equipped banquet and event center with a main facility and a lower-level flex space with garage doors.
Where is this wedding venue located?
The property is located at 4512 W State St Edinburg, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 3,100 SF main‑level banquet and event center on 0.912 acres, accommodating up to 150 guests; Fully equipped for operations, including commercial kitchen, banquet furnishings, tables, chairs, fixtures, and event equipment; Lower level offers flexible income‑producing rental space with four garage doors, high ceilings, office space, and additional restrooms
