5101 National Pike Markleysburg, PA 15459-1007
This exceptional mixed-use property in Markleysburg, Pennsylvania, presents a unique investment opportunity. Located at 5101 National Pike, this 5-acre parcel includes a fully operational bar and restaurant with a Type R liquor license already in place. Upstairs, you'll find a completely renovated two-bedroom, one-bathroom apartment boasting a fireplace, high ceilings, and an eat-in kitchen. An additional unfinished apartment space offers significant potential for expansion or rental income. The property's prime location, just six miles from Nemacolin Resort and five miles from Yough Dam, places it within easy reach of the scenic Laurel Highlands and State Game Lands #265, attracting both tourists and local residents. The existing restaurant and bar are ready for immediate operation, while the upper-level apartments provide versatile options for rental income, short-term stays, or owner occupancy. The property is being sold as-is, offering a chance to capitalize on its existing features and potential for future development. This is a rare chance to acquire a turnkey business with significant residential upside in a desirable location. The asking price is $299,000.
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Gorley's Red Coat Tavern Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.