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Wagner's Restaurant 550 McKeesport Rd 3,487 SF Retail Building Elizabeth, PA 15037 $699,900 ($200.72/SF)

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INVESTMENT HIGHLIGHTS

  • Prime location with 440 ft of frontage along a high-visibility corridor
  • Expansion or redevelopment potential
  • Versatile layout suitable for restaurant, brewery, coffee roastery, or retail concepts
  • Traffic counts exceeding 11,000 vehicles per day
  • 59 paved parking spaces with potential for additional capacity

EXECUTIVE SUMMARY

Fully operational, long-standing restaurant property located along high-traffic McKeesport Rd—offering both immediate functionality and exceptional future potential. With over 440 feet of road frontage, traffic counts exceeding 11,000 vehicles per day, and 59 paved parking spaces, this 2.46-acre site is primed for continued food service or creative redevelopment. Inside, the approximately 2,900 SF main level features a large dining room with a stone fireplace, a secondary dining area, and a classic diner-style counter. The space is immediately usable, offering plenty of room to expand, rebrand, or reconfigure the dining concept. The lower level offers serious added value. A three-car integral garage with 18-foot ceilings and an oversized garage door creates exciting potential for adaptive use. For developers and commercial investors, this site offers rare versatility in a high-visibility corridor.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,487 SF
Building Class
C
Year Built
1948
Price
$699,900
Price Per SF
$200.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.66 AC
Zoning
Commercial - Commercial property with restaurant and 59 parking spaces on 5 lots & blocks. 1132-A-114 (restaurant) 1132-B-240, 1132-A-45, 1132-B-255 & 1132-A-114
Parking
59 Spaces (16.92 Spaces per 1,000 SF Leased)
Frontage
440’ on McKeesport Road

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Giant Eagle
KeyBank
Village Inn

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1132-A-00114-0000-00
Land Assessment
$88,700
Improvements Assessment
$174,700
Total Assessment
$263,400
  • Listing ID: 37287640

  • Date on Market: 8/15/2025

  • Last Updated:

  • Address: 550 McKeesport Rd, Elizabeth, PA 15037

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