Turnkey restaurant opportunity on .75 acres along Rt 34 in Newport. The 2600 sq ft building, which was completely remodeled in 2013, has a 50 seat capacity and was in operation until January 1st, 2024. It has an additional banquet area with a propane fire place and a separate handicap accessible entrance. The furnishings, which include tables, padded chairs, and all the kitchen equipment, are included with the sale but price can be negotiated if you don't need them. There is a large walk-in cooler, three fryers, two pizza ovens, a grill, refrigerator, freezer, ice cream freezer, mixers, meat slicers, tray racks, commercial dishwasher, pots, pans, and more. There are large granite countertops and a hood with a fire suppression system, which was new in 2013. It has a propane water heater, propane heat, as well as numerous mini-splits to provide heat and AC. The electrical system is 400 Amps with a 10,000 watt backup propane generator, an onsite well, and two 2000 gallon holding tanks for the septic. Handicap accessible restrooms and an office with a built-in safe, working security system, and drive-through windows complement the thoughtfully designed floor plan. There is a bonus 14' x 50' unfinished room upstairs which turned into living space or an extra retail space. The brick front and standing seam roof show off the quality construction of the total remodel in 2013 due to a fire. A golden opportunity to acquire a profitable business where everything is ready to go!
Prime Downtown Commercial & Multifamily Opportunity – C-2 Zoning Unlock the Charm of Historic Newport! This exceptional mixed-use property, steeped in history since the 1830s, offers a unique blend of commercial and residential potential in the heart of downtown. With C-2 Downtown Commercial Zoning, this versatile estate presents an ideal investment for those looking to establish a thriving Bed & Breakfast, boutique retail space, restaurant, or short-term rental (Airbnb). The property boasts four potential residential units and two commercial spaces, allowing for endless customization. The second floor features a charming one-bedroom unit with a private kitchen and bath, while the second and third floors offer flexible layouts, ready to be built-to-suit apartments. Adding to its incredible value, a Liquor License is included in the price, making it a turnkey opportunity for a restaurant, bar, or hospitality business. The main level comes equipped with a fully furnished bar, a recently inspected grille hood, and newly purchased restaurant equipment. This distinguished property, once home to the esteemed Rippman Landis Family, offers historic charm and modern potential. The seller is open to terms, making this an attractive opportunity for visionary investors. Architectural drawings are available upon request. Buyer to assume all costs for zoning, code, and engineering permit requirements. The owner is a licensed associate broker in PA. Don’t miss this rare chance to own a piece of Newport’s heritage and transform this extraordinary space into a successful commercial and residential venture! Contact us today to schedule a private tour and explore the limitless possibilities of this historic gem!
The median home value in Newport, PA is $196,700. This is lower than the county median home value of $219,200. The national median home value is $338,100. The average price of homes sold in Newport, PA is $196,700. Approximately 44.41% of Newport homes are owned, compared to 50.22% rented, while 5.37% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!
Newport, Pennsylvania 17074 has a population of 1,670. Newport 17074 is less family-centric than the surrounding county with 24.57% of the households containing married families with children. The county average for households married with children is 28.39%.
The median household income in Newport, Pennsylvania 17074 is $66,932. The median household income for the surrounding county is $72,922 compared to the national median of $69,021. The median age of people living in Newport 17074 is 34.1 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 44.6 inches per year, with 28.8 inches of snow per year.