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Restaurant Brewery with Ample Parking

715 Craigdell Rd, New Kensington, PA 15068

For Sale
$685,000

CommercialSale, New Kensington, PA

Property Size4,800 SF
Lot Size1.00 Acre
Price / SF$142.71
Days on Market47

Property Features for 715 Craigdell Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning comm
Zoning description comm
Subdivision New Kensington
Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 4874

Building Details

Year built 1953
Listing Agency: INTEGRITY PLUS REALTY
Listed By: Sidni Kendall · License #RM425677
Added: Sep 23 Changed: Oct 20 Last Checked: Nov 8 at 10:06AM
MLS# 1775976

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This brewery property includes an approximately 4,800-square-foot restaurant and brewery building on approximately 1 acre. The interior is arranged for restaurant and brewing operations, with substantial bar and dining areas, commercial kitchen infrastructure, and outdoor space. The site provides 55 parking spaces and was built in 1953. An established long-term tenant occupies the property, with continued interior investment and lease terms that include annual rent growth.

The property is located in New Kensington, Pennsylvania, adjacent to Pittsburgh Ice Arena and within an active commercial corridor. Approximately 21 acres of adjacent land is also available, creating an additional acquisition option for an investor considering a larger site or future expansion.

Key Highlights

  • Approximately 4,800 SF restaurant and brewery building
  • Approximately 1 acre with 55 parking spaces
  • Established long‑term tenant in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,588
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,211,760 $1.2M
Cap Rate 7%
$865,543 $865.5K
Cap Rate 9%
$673,200 $673.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$86.4K $18.00/SF
− Vacancy
−$5.6K −$1.17/SF
EGI
$80.8K $16.83/SF
− OpEx
−$20.2K −$4.21/SF
NOI
$60.6K $12.62/SF
Area
Westmoreland County, PA
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,211,760
Cap Rate 7%
$865,543
Cap Rate 9%
$673,200

Alternative Uses

Best Use
Specialty Retail
$865.5K
$757.4K – $1.01M (±1% cap)
NOI $60,588 @ 7.0% cap · market cap 8.84%
Second Best
Industrial
$400.1K
$350.1K – $466.8K (±1% cap)
NOI $28,007 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,584 @ 7.0% cap · market cap 12.49%
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

Tortured Souls Brewing Bar & Pub Crossbar Grill Restaurant ATM Atm

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 15068, PA

37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Brewery - Approximately one-acre property with restaurant, brewery, commercial kitchen, outdoor space, and an established long-term tenant.
Where is this brewery located?
The property is located at 715 Craigdell Rd New Kensington, PA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Approximately 4,800 SF restaurant and brewery building; Approximately 1 acre with 55 parking spaces; Established long‑term tenant in place
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