Turnkey Convenience Store with
1129 Greenock Buena Vista Road McKeesport, PA 15135
1129 Greenock Buena Vista Road, McKeesport, PA, 15135
$450,000
For Sale
$450,000
Convenience store with two apartments, offering business and rental income.
Property Size2,579 SF
Price / SF$174.49
Days on Market184
Property Features for 1129 Greenock Buena Vista Road
General Information
- Standard status
- Active
- Size
- 2,579 SF
- Property subtype
- Multi-Unit / Other
Building Details
- Year Built
- 9999
Listing Agency
RE/MAX SELECT REALTY
(412) 583-0909
Listed by
Maria Gillot Werner · License #RS225153L
(412) 583-0909
Source
Compass
Added: Jan 15 Checked: Jul 17 at 3:59 am
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 RE/MAX SELECT REALTY
Investment Insights
Based on property information with market context.
This property presents an investment opportunity featuring a convenience store and two residential apartments. The convenience store was fully remodeled in 2025 and is move-in ready. It includes modern interiors and a parking lot with at least 10 spaces. The property also includes a one-bedroom apartment currently rented at $725 per month and a two-bedroom apartment rented at $850 per month. Additional rental income could be generated from the two-car garage, shed, and basement, all of which have separate entrances. The total square footage of the property is 2579. The second unit's utilities are separate, although the store and one apartment share a water/sewage, gas, and electric meter.
Key Highlights
- Turnkey convenience store with two income‑generating apartments.
- Recently remodeled convenience store (2025) with modern interiors.
- Steady rental income from two apartments (one‑bedroom: $725/month, two‑bedroom: $850/month).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.4k | $18.00 |
| − Vacancy | −$3.5k | −$1.35 |
| EGI | $42.9k | $16.65 |
| − OpEx | −$12.9k | −$5.00 |
| NOI | $30.1k | $11.66 |
2,579 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$429.4K
$375.7K – $501.0K
NOI $30,058 @ 7.0% cap · market cap 6.68%
Second Best
Specialty Retail
$365.4K
$319.7K – $426.3K
NOI $25,579 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$656.9K
$574.8K – $766.4K
NOI $45,984 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Convenience store with two apartments, offering business and rental income.
Where is this grocery and convenience store located?
The property is located at 1129 Greenock Buena Vista Road McKeesport, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey convenience store with two income‑generating apartments.; Recently remodeled convenience store (2025) with modern interiors.; Steady rental income from two apartments (one‑bedroom: $725/month, two‑bedroom: $850/month).
