2305 Wilmington Rd - Restaurant FOR SALE


New Castle, PA 16105
$1,150,000 USD
724-730-5276
2305 Wilmington Rd, New Castle, PA for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/45
null | Request Cap Rate

2305 Wilmington Rd
New Castle, PA 16105


HIGHLIGHTS

  • High-visibility position along Route 18 with traffic counts exceeding 16,600 vehicles per day.
  • Fully leased two-building configuration delivering stabilized income and growth potential.
  • Immediate proximity to regional retail hubs, Downtown New Castle, and I-376 connectivity.
  • Zoned C-1 Limited Commercial District with all municipal utilities in place.
  • Substantial on-site paved parking complemented by accessible ingress and egress points.
  • Bonus includes two leased residential parcels under common ownership.

OVERVIEW

Located in the heart of Neshannock Township's Commercial District this site offers a unique opportunity for both seasoned investors & those seeking a diverse income-generating asset. With high visibility & convenient access along the major thoroughfare this location benefits from consistent daily traffic & a loyal customer base. Over 14,000 sq ft spread across 2 distinct buildings, both fully occupied, on more than 1 acre of land. The centerpiece is a two-story full-service restaurant & banquet facility totaling 8,882 sq ft. Featuring 2 separate dining areas each with its own kitchen, entrances & exits this versatile space has been home to the successful Chuck Tanner’s Restaurant since 1990. Whether you're looking to continue the tradition or re-imagine the space this site offers opportunity to accommodate various dining concepts & events. The property also includes a fully-occupied one-story 5,357 sq ft office building. This multi-tenant office space features 7 units all fully occupied w/ separate utilities.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C1

APN/PARCEL ID

25-118600

ASK ABOUT THIS PROPERTY

Eric KarmecyHoward HannaMore Info
724-730-5276

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Eric KarmecyHoward HannaMore Info
724-730-5276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.