715 Craigdell Rd New Kensington, PA $ 800,000
715 Craigdell Rd
$ 800,000
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715 Craigdell Rd

New Kensington, PA, 15068
$ 800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,525

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Commercial Property for sale in New Kensington, PA

for $800,000. This building was built in 1953 on a lot size of 22.543.

Exceptional Commercial Investment Opportunity Adjacent to Pittsburgh Ice Arena! Located in a high-visibility commercial corridor of New Kensington, 715 Craigdell Road offers approximately 4,800 SF of restaurant and brewery space on a parcel that includes approximately 21 additional acres. The restaurant's proximity to Pittsburgh Ice Arena provides convenient access to recurring traffic from hockey players, families, coaches, and spectators throughout the hockey season. The established shared entrance and designated parking facilitate access to both facilities, while interior viewing screens allow patrons to enjoy food and beverages while watching games. The restaurant features expansive bar and dining areas, commercial kitchen infrastructure, and outdoor space. The restaurant is fully leased under a five-year lease through October 2028, with scheduled annual rent increases. Current gross rental income is approximately $6,000 per month, with a reported net operating income (NOI) of approximately $66,400; Offering an attractive investment profile with reduced landlord responsibilities. Financial information, lease terms, and operating expenses are subject to verification. Multiple Purchase Options Available: (1) Restaurant property offered at $685,000; (2) approximately 21 acres of vacant land offered at approximately $495,000; or (3) both properties together at a combined asking price of approximately $800,000. The acreage presents potential for future development, commercial expansion, recreational use, or other opportunities, subject to zoning, subdivision, local approvals, and buyer due diligence. Full oil and gas rights are included with the land. The restaurant and acreage are currently part of the same parcel; separate purchases will require subdivision and applicable approvals. Conveniently located near major roadways, surrounding communities, and regional amenities, this offering combines an established income-producing business property with significant acreage and future investment potential. Buyers are encouraged to conduct independent due diligence regarding financials, lease provisions, zoning, subdivision, utilities, oil and gas rights, and development feasibility.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 4,874

Style

Lot Size

22.543

Year Built

1953

Town/City

New Kensington

County/Region

Westmoreland

MLS | Web ID

1781701

Features
General
Zoning Comm
Year Built 1953
Property Subtype Business
Business Type Bar/Tavern/Lounge Restaurant
County Westmoreland
Property Type Commercial Sale
Status Active
Directions GPS is accurate.
City New Kensington
Zoning Description Comm
MLS Area New Kensington
Lot Size Units Acres
Tax Annual Amount 4874
MLS Area Minor New Kensington
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 29960
Property Sub Type Additional Business Retail
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Interior
Total Baths 0
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Exterior
Lot Size Area 22.543
Lot Dimensions 22.543
Lot Size Acres 22.543
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* Excluded Features
List By
Jennifer Clark

Listing Agent

Integrity Plus Realty

Broker

jclark8928@gmail.com

Email

Affordability Calculator

$5,932
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$800,000 Listed Price

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715 Craigdell Rd, New Kensington, PA, 15068 is a Commercial Property for sale at $800,000 with a lot size of 22.543. 715 Craigdell Rd was built in 1953. The property's zip code is 15068 which is in New Kensington, PA