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Property profile & analytics
OFF-MARKET
Investment properties

57 2nd St Newport, PA 17074-1502

0.19 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-1346152
Property summary
AI-generated overview

This exceptional mixed-use property at 57 N 2nd Street, Newport, PA, presents a unique investment opportunity. Built in the 1830s, this 8,276 square foot building sits on a 0.19-acre lot and offers a blend of residential and commercial potential. Currently configured with one completed 1-bedroom residential unit featuring a private kitchen and bath, the property also includes space for up to three additional residential units on the second and third floors. The layout is adaptable and could easily accommodate a bed and breakfast, Airbnb, or other multi-family residential use. Two commercial spaces are also available, perfect for retail or a restaurant. The sale includes a liquor license and numerous recently purchased pieces of restaurant equipment, along with a fully furnished bar. Architectural drawings are available upon request. The property has recently undergone an inspection of the grille hood. Please note that the buyer is responsible for all costs associated with obtaining any necessary zoning, code, and engineering permits. The seller is willing to consider financing options. This is a rare chance to acquire a piece of Newport's history and create a thriving business or residential complex. Priced at $629,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.19 ac (8,276 SF)
Zoning code PCBD
APN 190,046.04-083.000
UPID US73-1346152
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Donald S Failor · 2 yrs held
Donald S Failor
since 2024
Last sale
$130,000
6 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2024
$130,000
2023
$121,000
2022
$95,000
Zoning & alternative use
PCBD · Newport, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CHAPTER 250 ZONING
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