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    608 Washington Ave Bridgeville, PA 15017

    Sponsored
    For Sale
    $1,000,000

    High-yield bar & apartments, great location.

    Property size:
    4,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Bridgeville, PA mixed-use property presents a compelling investment opportunity. Located at 608 Washington Ave, this stabilized investment boasts a 5.94% cap rate and a strong NOI of $59,382. The 4,812 square foot building features a thriving ground-floor bar, the Crafty Jackalope, attracting a consistent clientele. Above the commercial space are four residential units, each providing additional income streams. The property's strategic location on Washington Avenue ensures high visibility and accessibility, benefiting both commercial and residential occupants. With a total asking price of $1,000,000 ($200,000 per unit and $207.81 per square foot), this property offers a blend of immediate returns and long-term value growth. The Allegheny County property (APN: 0255-N-00058-0000-00, Zip: 15017) is a turnkey operation, ideal for investors seeking diverse income streams and a strong cash flow. The combination of a successful commercial tenant and residential units makes this a truly unique investment opportunity in a vibrant community. This is a rare chance to acquire a well-established, high-performing mixed-use property in a desirable location.

    Property Features for 608 Washington Ave

    General Information

    Property type
    Restaurants
    Square Feet
    4,812 SF

    Building Details

    Units
    5

    HighLights

    • $1,000,000 asking price for a stabilized mixed‑use property.
    • 4,812 square feet with a $207.81 price per square foot.
    • 5.94% cap rate generating a $59,382 NOI.
    • Five units, including a bar and four residential units, with a $200,000 price per unit.
    • Located at 608 Washington Ave, Bridgeville, PA 15017.
    Property Profile Location Intelligence

    Current Use by Public Records

    M J Dental ... Dental Laboratory The Crafty Jackalope Pub

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.112945683354
    Latitude
    40.357042829466

    Nearby Comparable

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    Nearby Similar for Sale

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      Mixed-Use Building in Bridgeville

      Mixed-use property with commercial spaces, apartments, and garage/warehouse.
      515-519 Washington Ave, Bridgeville, PA 15017
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      Renovated Office Building in Bridgeville

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      Stand-Alone Commercial Building For Sale

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      255 Millers Run Rd, Bridgeville, PA 15017
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      Bridgeville Office Space Opportunity

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      Bridgeville Office Space For Sale

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    FAQs

    What type of property is this?
    Restaurant - High-yield bar & apartments, great location.
    Where is this restaurant located?
    The property is located at 608 Washington Ave Bridgeville, PA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price for a stabilized mixed-use property.; 4,812 square feet with a $207.81 price per square foot.; 5.94% cap rate generating a $59,382 NOI.
    Request Owner's contact information
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    Bridgeville, PA 15017
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 Washington Ave Bridgeville, PA 15017
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