Property profile

1604 Jefferson Ave Washington, PA 15301

OFF-MARKET
Retail properties & Spaces
Built 1966
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving Quick Service Restaurant/Fast Food establishment located at 1604 Jefferson Ave, Washington, PA 15301. The property, built in 1966, is a single-story, Class B building encompassing 1 unit with 15 parking spaces. The 100% occupied property boasts a strong net operating income (NOI) of $45,000 and is offered at an asking price of $279,000. The lease is a Net Net (NN) single-tenancy agreement. The business includes all fixtures, furniture, and equipment (FF&E) and inventory. The seller, who has operated the business for over 40 years, handles all utilities (gas, electric, water, and garbage). The business operates 24 hours a day, is largely maintenance-free, and requires no employees. Sales are consistently increasing, making this a highly attractive owner-user investment. The property is zoned Commercial and is situated on a busy road in Washington, PA, ensuring high visibility and accessibility. The occupancy date is September 30, 2024. This is a turnkey operation with excellent potential for continued growth. This is a business-only sale

Property profile

Verified
Property type Retail properties & Spaces
Year built 1966

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1604 Jefferson Ave Washington, PA 15301
Washington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1604 Jefferson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message