Restaurant Space with Outdoor
2060 Ardmore Blvd Pittsburgh, PA 15221
2060 Ardmore Blvd, Pittsburgh, PA, 15221
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For Sale
Contact for pricing
Restaurant with 138 seats, patio, and equipped commercial kitchen.
Property Size3,719 SF
Lot Size0.92 Acres
Price / SF$322.67
Days on Market824
Property Features for 2060 Ardmore Blvd
General Information
- Standard status
- Active
- Size
- 3,719 SF
- Lot size
- 0.92 Acres
- Property subtype
- Special Purpose
Listing Agency
CENTURY 21 Fairways Real Estate
(724) 864-5916
Listed by
Susan Gill · License #PA
Source
Crexi
Added: Apr 17, 2024 Checked: Jul 17 at 10:53 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 CENTURY 21 Fairways Real Estate
Investment Insights
Based on property information with market context.
This restaurant space, suitable for conventional restaurant use, encompasses 3719 square feet and features a 138-seat eat-in dining area. The property is situated on a 40,102 square foot site. A 688 square foot basement provides space for a break room and employee lounge. An exterior patio has been added to accommodate outdoor dining. The commercial kitchen is equipped with a full Ansel system, ovens, fryers, a commercial dishwasher, a walk-in cooler, and a walk-in freezer.
Key Highlights
- Fully equipped commercial kitchen with Ansel system, ovens, fryers, commercial dishwasher, walk‑in cooler, and walk‑in freezer.
- 138‑seat eat‑in restaurant.
- Inviting exterior patio for outdoor dining.
Local Financial Insights For Specialty 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 | $71.4k | $19.20 |
| − Vacancy | −$4.6k | −$1.25 |
| EGI | $66.8k | $17.95 |
| − OpEx | −$16.7k | −$4.49 |
| NOI | $50.1k | $13.46 |
3,719 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$715.3K
$625.9K – $834.6K
NOI $50,073 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$947.3K
$828.9K – $1.11M
NOI $66,310 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant with 138 seats, patio, and equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 2060 Ardmore Blvd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully equipped commercial kitchen with Ansel system, ovens, fryers, commercial dishwasher, walk‑in cooler, and walk‑in freezer.; 138‑seat eat‑in restaurant.; Inviting exterior patio for outdoor dining.
