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    145 8 Ave Homestead, PA 15120

    For Lease
    Contact for pricing

    Prime Location, 3,000+ SF Available

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at 145 E 8th Ave in Homestead, PA, presents a unique opportunity for a restaurant or brewery. Situated in a vibrant Allegheny County location, this 3,000+ square foot space is part of a larger 40,000 square foot building constructed in 1926. The property features one available unit on the first floor, ideal for a variety of food and beverage concepts. A significant advantage is the inclusion of a liquor license, available for use by the new tenant. The building boasts multiple tenants, creating a synergistic environment with established businesses such as Escape Room Pittsburgh and Ace Axe Throwing, ensuring high foot traffic and a lively atmosphere. Convenient public parking is located nearby, providing easy access for patrons. The space's size and amenities make it perfectly suited for a brewery or restaurant, offering ample room for dining, brewing operations, and customer seating. The building's historical charm combined with its modern accessibility makes this a truly exceptional investment opportunity. Lease rate is available upon request.

    Property Features for 145 8 Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Building Details

    Year Built
    1926
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,000 SF

    HighLights

    • Retail/Restaurant space totaling 3,000 square feet available for lease.
    • 40,000 square foot building, one building on the site, built in 1926.
    • Located in Allegheny County.
    • Multiple tenants currently occupy the building, including Escape Room Pittsburgh and Ace Axe Throwing.
    • Liquor license use available.
    • Conveniently located near public parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Breweries

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9112909
    Latitude
    40.4073102

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, 3,000+ SF Available
    Where is this restaurant located?
    The property is located at 145 8 Ave Homestead, PA.
    What are key features of this property?
    This property features: Retail/Restaurant space totaling 3,000 square feet available for lease.; 40,000 square foot building, one building on the site, built in 1926.; Located in Allegheny County.
    Request Owner's contact information
    145 8 Ave Homestead, PA 15120
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    Homestead, PA 15120
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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
    145 8 Ave Homestead, PA 15120
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