Technical
Financial
Distress signals
Property profile

219 4th Ave Pittsburgh, PA 15222

OFF-MARKET
Investment properties
Property ID
US73-0530543
0.05 ac lot
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turn-key opportunity encompasses a thriving gourmet pizza, kabob, and Mediterranean restaurant situated in Pittsburgh's vibrant downtown core, near PPG. The sale includes the entire 6,000 square foot building, offering immediate occupancy. The street-level restaurant boasts a bright and open layout, enhanced by large windows. A convenient elevator provides access to a spacious lower level, ideal for storage and food preparation. Furthermore, a substantial 2000 square foot second floor, complete with a full bathroom, presents versatile potential for expansion of the restaurant, office space, or even residential quarters. The property is in pristine condition and features a newly installed HVAC system. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $1,200,000. The 0.05-acre lot ensures a prominent presence in this high-traffic area. This is a rare chance to acquire a fully operational, established business with significant growth potential in a highly desirable downtown Pittsburgh location. The combination of a successful restaurant and versatile building space makes this an unparalleled investment opportunity.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.05 ac (2,045 SF)
APN 1-H-180
UPID US73-0530543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

219 4th Ave Pittsburgh, PA 15222-1707
Pittsburgh metro Census 20100 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2012
4 recorded transactions
2012
$375,000
2011
$1,608
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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