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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1851 Keystone Way Newport, PA 17074

2,600 SF 0.75 ac lot Built 2013
Property ID
Property summary
AI-generated overview

This turnkey restaurant opportunity in Newport, PA presents a unique chance to acquire a fully operational establishment. Situated on a 0.75-acre lot along Route 34, the 2,600 square foot building underwent a complete remodel in 2013, recovering from a fire. The property boasts a 50-seat dining area, a separate banquet space complete with a propane fireplace, and a convenient handicap-accessible entrance. All furnishings, including tables, chairs, and extensive kitchen equipment (three fryers, two pizza ovens, grill, walk-in cooler, and more) are included, though the price is negotiable if the buyer doesn't require them. The kitchen features large granite countertops, a hood with a fire suppression system (new in 2013), and ample commercial-grade appliances. The building is equipped with a propane water heater, propane heat, and multiple mini-split units for heating and air conditioning. A robust 400-amp electrical system is supported by a 10,000-watt backup propane generator. Utilities include an on-site well and two 2000-gallon septic holding tanks. Additional features include handicap-accessible restrooms, an office with a built-in safe and a functioning security system, and drive-through windows. An unfinished 14' x 50' upstairs space offers potential for expansion into living quarters or additional retail space. The brick facade and standing seam roof reflect the high-quality construction of the 2013 remodel. The restaurant was in operation until January 1st, 2024. This is a remarkable opportunity to own a profitable, fully equipped restaurant ready for immediate operation.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2013
Total area 2,600 SF
Lot 0.75 ac (32,670 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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