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Restaurant Property with Detached Garage
For Sale
$475,000
Pending

781 New Castle Rd, Butler, PA 16001

Former restaurant space retains installed equipment, including a walk-in freezer, and is currently leased to a nonprofit organization.

Property SizeContact for details
Days on Market49

Property Features for 781 New Castle Rd

General Information

Standard status Pending
Property subtype Residential

Taxes and HOA fees

Annual Taxes $2,653
Listing Agency: RE/MAX INFINITY
Listed By: Jennifer Dolby · License #RS355848
Source: Exprealty
Added: Sep 12 Changed: Oct 25 Last Checked: Oct 28 at 9:00AM

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 RE/MAX INFINITY

Rey
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Investment Insights

Based on property information with market context.

This conventional restaurant property includes a building with restaurant equipment still in place, including a walk-in freezer. A detached 40'x28' garage adds supplementary enclosed space. The property is being sold in its existing condition and is currently leased by a nonprofit organization.

Set on 5.09 acres at 781 New Castle Rd in Butler, Pennsylvania, the property has frontage along Hwy 422 and a parking lot accommodating 45 vehicles. Reported traffic volume is 16, 000 per day, based on the PennDOT website. The site also includes space described for indoor and outdoor entertainment use.

Key Highlights

  • 5.09‑acre restaurant property at 781 New Castle Rd, Butler, PA
  • Restaurant equipment remains in place, including a walk‑in freezer
  • Detached 40'x28' garage included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Electrical Service

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

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 16001, PA

40,085
Population
19,757
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
94%
High-School Grad
75.8 sq mi
ZIP Area
529
Density / Sq Mi
$61,325
Median Household Income
$42,542
Median Earnings
$864
Median Rent
$191,400
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space retains installed equipment, including a walk-in freezer, and is currently leased to a nonprofit organization.
Where is this conventional restaurant located?
The property is located at 781 New Castle Rd Butler, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5.09‑acre restaurant property at 781 New Castle Rd, Butler, PA; Restaurant equipment remains in place, including a walk‑in freezer; Detached 40'x28' garage included
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