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    8 Tech 1 Dr Monroeville, PA 15146

    For Sale
    $1,395,000

    7,800 SF Restaurant, Liquor License Available

    Property size:
    7,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7,800-square-foot turnkey restaurant in Monroeville, Pennsylvania, is available for $1,395,000. Previously a hibachi restaurant, the property includes all furniture, fixtures, and equipment, making it a seamless transition for new owners. Located on a 1.059-acre lot with ample parking (70 spaces), it benefits from high visibility and foot traffic due to its proximity to the Monroeville Mall (less than a mile away). The property features one full bar, one sushi bar, eighteen hibachi grill stations, and three private dining rooms, accommodating 140 seats. The zoning is BLVD, and the lease type is NNN. The property boasts a strong location with high traffic counts: 25,649 average daily traffic on William Penn Highway and 3,899 on Monroeville Boulevard. A liquor license is also available, enhancing the investment potential. This is a rare opportunity to acquire a fully equipped, established restaurant in a prime location with significant upside. The asking price is $178.85 per square foot. Don't miss this chance to capitalize on this thriving Pittsburgh-area business.

    Property Features for 8 Tech 1 Dr

    General Information

    Property type
    Restaurants
    Square Feet
    7,800 SF
    Lot Size
    46,130 SF

    HighLights

    • 7,800 SF turnkey hibachi restaurant in Monroeville, PA.
    • Includes all furniture, fixtures, and equipment (FF&E).
    • Ample parking with 70+ spaces.
    • Prime location less than one mile from Monroeville Mall.
    • Liquor license available.
    • High traffic counts: 25,649 ADT on William Penn Highway and 3,899 ADT on Monroeville Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7832328
    Latitude
    40.4326033

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    FAQs

    What type of property is this?
    Restaurant - 7,800 SF Restaurant, Liquor License Available
    Where is this restaurant located?
    The property is located at 8 Tech 1 Dr Monroeville, PA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: 7,800 SF turnkey hibachi restaurant in Monroeville, PA.; Includes all furniture, fixtures, and equipment (FF&E).; Ample parking with 70+ spaces.
    Request Owner's contact information
    8 Tech 1 Dr Monroeville, PA 15146
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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
    8 Tech 1 Dr Monroeville, PA 15146
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