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Restaurant Space with New HVAC

106 Herman Ave, Wilmerding, PA 15148

For Lease
$1,500/Mo NNN

The premises retain a restaurant-oriented layout and include equipment that may be negotiated with a tenant.

Space Size1,516 SF - 3,491 SF
Days on Market217

Property Features for 106 Herman Ave

General Information

Standard status Active
Size 1,516 SF - 3,491 SF
Net Rentable 1,516 SF
Zoning Comm, Comm
Lease Type NNN

Space & Availability

Available Space 1,516-3,491 SF
Contiguous Space 1,516 SF
Space Use Restaurant
Available From Immediate

Lease Terms

Lease Rate $1,500 /MO
Monthly Rent $1,500
Rent per SF/Year $11.87

Taxes and HOA fees

Annual Taxes $46,552
Listing Agency: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By: Anthony LaRocca
Source: Indianlakerealty
Added: Apr 10 Changed: Nov 12 Last Checked: Nov 11 at 5:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY THE PREFERRED REALTY

Rey
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Investment Insights

Based on property information with market context.

At 106 Herman Ave, this 1,516-square-foot commercial space is configured for restaurant use and has a newly installed HVAC system. Equipment currently in the premises may be included through lease negotiations, depending on tenant requirements. The property is zoned Comm.

An adjacent space at 407 Commerce Street can be leased together with this suite. The combined premises total approximately 3,491 square feet and have joint access; the additional space measures approximately 1,975 square feet. The lease structure is NNN.

Key Highlights

  • 1,516 SF restaurant‑oriented space
  • Newly installed HVAC system
  • Existing equipment may be negotiated as part of the lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,877 visits/mo 0.1 miles

Demographics for 15148, PA

2,363
Population
1,502
Households
1.6
Avg Household Size
38
Median Age
14%
College-Educated
88%
High-School Grad
1.1 sq mi
ZIP Area
2,148
Density / Sq Mi
$38,733
Median Household Income
$31,944
Median Earnings
$799
Median Rent
$61,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional restaurants in Allegheny County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The premises retain a restaurant-oriented layout and include equipment that may be negotiated with a tenant.
Where is this conventional restaurant located?
The property is located at 106 Herman Ave Wilmerding, PA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,516 SF restaurant‑oriented space; Newly installed HVAC system; Existing equipment may be negotiated as part of the lease
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