Property summary
This exceptional commercial property at 614 Hancock Ave, Vandergrift, PA, presents a unique investment opportunity. The building houses a well-established bar with a rich history spanning over 50 years, ensuring a strong foundation for continued success. Its prime location in the heart of Vandergrift guarantees high visibility and accessibility to a loyal customer base. The bar itself is fully operational, featuring a functional kitchen and restrooms, ready for immediate use. The versatility of the space allows for various business concepts, making it an ideal canvas for an entrepreneur's vision. Adding to its appeal is a sizable apartment located upstairs. This space offers significant potential for generating additional rental income, providing a supplementary revenue stream. Alternatively, it can be utilized as valuable storage space to support the bar's operations. The property sits on a conveniently sized 0.03-acre lot. Priced at $199,900, this property offers a compelling blend of established business, income potential, and prime location, making it an attractive investment for discerning buyers. The existing infrastructure and operational history minimize start-up costs and risks, allowing for a smooth transition and immediate return on investment. Don't miss this chance to acquire a thriving business with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
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Atm
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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