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    Thriving Butcher Shop and Grocery Title is generated by Realmo AI

    2010 Eden Park Blvd, McKeesport, PA 15132

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    For Sale
    $1,250,000

    Retail - McKeesport, PA

    Type:Retail
    Lot size:
    0.21 Acres
    Added:
    Sep 19, 2025
    Days on Market:
    235
    Last Refresh:
    May 11 at 10:06 pm

    Property Features for 2010 Eden Park Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    com
    Parking
    20
    Standard status
    Active
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4066

    Building Details

    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Susan Gill
    Susan Gill

    Listing agent Susan Gill License #RM423921

    Listing office CENTURY 21 FAIRWAYS REAL ESTATE 1001 Route 30, Irwin, PA

    Listing date Sep 19, 2025

    MLS# 1721954 Listing URL

    Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey business opportunity: Includes business name, goodwill, furniture, fixtures, and equipment (FF&E) for seamless operation.
    • Established business with 90+ years of service in the McKeesport community.
    • Loyal customer base and strong reputation for quality meats and exceptional service.
    • Modern equipment: Features updated display cases, coolers, freezers, cutting equipment, shelving, and point‑of‑sale systems.
    • Profitable business with deep community roots and future growth potential.
    • Full‑service butcher shop and specialty grocery, a community staple.

    Overview

    Lampert’s Market presents a rare opportunity to acquire a thriving full-service butcher shop and specialty grocery that has served the McKeesport community for over 90 years. This established business is offered as a turnkey package, including the business name, goodwill, furniture, fixtures, and equipment (FF&E). The sale features modern display cases, coolers, freezers, cutting equipment, shelving, and point-of-sale systems, providing everything needed to seamlessly continue operations. With a loyal customer base, a strong reputation, and decades of history, Lampert’s Market is a community staple known for quality meats and exceptional service. The property is situated in McKeesport, PA, within Allegheny-East County, and occupies a lot size of 0.2066 acres. The zoning is commercial. This is suitable for an owner-operator or expansion of an existing food business. This is a chance to own a long-standing profitable business with deep roots and future growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lampert's Market Take-out & Catering Lampert's Fine Meats ... Food Market

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Giant Eagle Supermarket — 3812 Oneil Blvd, McKeesport, PA 15132

    Location Insight

    • Map
    • Local Demand
    City
    McKeesport
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.829092
    Latitude
    40.342695

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    FAQs

    What type of property is this?
    Grocery and convenience store - Turnkey butcher shop and specialty grocery in McKeesport, PA.
    Where is this grocery and convenience store located?
    The property is located at 2010 Eden Park Blvd McKeesport, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Turnkey business opportunity: Includes business name, goodwill, furniture, fixtures, and equipment (FF&E) for seamless operation.; Established business with 90+ years of service in the McKeesport community.; Loyal customer base and strong reputation for quality meats and exceptional service.
    (724) 864-5916
    We can help!
    Listing Contact
    Susan Gill
    Susan Gill
    Real Estate License ID: RM423921
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2010 Eden Park Blvd, McKeesport, PA 15132
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