Mixed-Use Restaurant and Lodging
807 4th Ave, Patton, PA 16668
For Sale
$299,500
Remodeled hospitality space combines food-service facilities with updated rental rooms.
Property Size4,500 SF
Price / SF$66.56
Days on Market17
Property Features for 807 4th Ave
General Information
Standard status
Size
Additional Details
Equipment Included
Taxes and HOA fees
Annual Taxes
Listing Agency:
Holtz And Associates Real Estate LLC
Listed By:
Jeffrey Holtz
(814) 946-4211
Source:
Exprealty
Added: Oct 27
Changed: Nov 12
Last Checked: Nov 12 at 2:27PM
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 Holtz And Associates Real Estate LLC
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Investment Insights
Based on property information with market context.
This 4,500-square-foot mixed-use property brings restaurant and lodging functions together. The remodeled building includes two dining areas, a bar, equipped kitchens, and updated rooms for rent. Equipment is included, and a liquor license is available separately.
The property is in Patton, Pennsylvania, a short drive from a state park and Rock Run Recreation Area.
The property is in Patton, Pennsylvania, a short drive from a state park and Rock Run Recreation Area.
Key Highlights
- 4,500‑square‑foot restaurant and lodging property
- Two dining areas and a bar
- Equipped kitchens; equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,428
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,560
$288.6K
Cap Rate 7%
$206,114
$206.1K
Cap Rate 9%
$160,311
$160.3K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$67.5K $15.00/SF
− Vacancy
−$37.1K −$8.25/SF
EGI
$30.4K $6.75/SF
− OpEx
−$15.9K −$3.54/SF
NOI
$14.4K $3.21/SF
Area
Cambria County, PA
Vacancy
55.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,560
Cap Rate 7%
$206,114
Cap Rate 9%
$160,311
Alternative Uses
Best Use
Specialty Retail
$647.3K
$566.4K – $755.2K
NOI $45,309 @ 7.0% cap · market cap 15.13%
Second Best
Mixed Use
$509.1K
$445.5K – $594.0K
NOI $35,640 @ 7.0% cap · market cap 11.90%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,040 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
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Business Placement
Demographics for 16668, PA
3,409
Population
1,651
Households
2.1
Avg Household Size
48
Median Age
19%
College-Educated
93%
High-School Grad
53.1 sq mi
ZIP Area
64
Density / Sq Mi
$60,947
Median Household Income
$40,560
Median Earnings
$481
Median Rent
$111,000
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Cambria County, PA
Properties on Market for Mixed-use properties in Cambria County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled hospitality space combines food-service facilities with updated rental rooms.
Where is this mixed-use property located?
The property is located at 807 4th Ave Patton, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 4,500‑square‑foot restaurant and lodging property; Two dining areas and a bar; Equipped kitchens; equipment included
