53 12Th St, Pittsburgh, PA 15203
This exceptional restaurant and retail opportunity in Pittsburgh's vibrant Southside offers a fully renovated, 9,027 square foot space at 53 S 12th St, Allegheny County, PA 15203. The property comprises two buildings, each two stories high, totaling 9,027 square feet. The main level boasts 2,222 square feet of prime dining space, perfect for creating a memorable customer experience. A spacious 2,376 square foot basement provides ample room for additional restaurant functions, including bathrooms, coolers, and a prep kitchen. The building underwent a complete renovation in 2023, with architectural plans, MEPs, and permits already approved for the current design. This allows for immediate commencement of build-out construction. The lease includes a valuable liquor license. The space accommodates a total occupancy of 115 people (10 in the basement). Significant construction is already complete in both building sections, making this a turnkey opportunity for a quick launch. This single-tenant property presents a rare chance to establish a thriving business in a highly desirable location. The property is conveniently located and ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.