810 Ohio River Blvd Rochester, PA 15074
- Turn key restaurants
- 3,355 SF
- 0.33 lot acres
Current Use by Public Records
- 1942 Tacos & Tequila / Mexican Restaurant
Property Details for 810 Ohio River Blvd
- Year built
- 1991
- Construction
- STEEL FRAME
- Lot size
- 0.33 lot acres
- Property size
- 3,355 SF
- Property type
- Turn key restaurants
- APN
- 20-002-0212.002
- APU
- 200020212002
Description
This exceptional investment opportunity presents a fully leased commercial building situated on a prominent 0.7-acre lot at 810 Ohio River Blvd in Rochester, PA. The property boasts unparalleled visibility and convenient access to major roadways, PA-65 N/US-19 N. The building is currently occupied by 1942 Tacos and Tequila, a well-established and successful full-service restaurant. The tenant recently completed a comprehensive renovation, encompassing the dining room, bar, common areas, restrooms, and a fully equipped kitchen. This ensures a modern and attractive space for the tenant and contributes to the property's strong financial performance. The property comprises two parcels: the building itself and a dedicated parking lot, providing ample space for patrons. The lease agreement is a triple-net (NNN) lease, transferring most operating expenses to the tenant, minimizing the owner's responsibilities. This advantageous arrangement extends until September 30, 2027, offering immediate and consistent cash flow for the investor. The asking price for this turnkey investment is $725,000. This presents a rare chance to acquire a stable, high-performing asset with a long-term lease in place, ideal for adding to an existing portfolio or establishing a new one. The property's prime location and the tenant's successful operation combine to create a compelling investment proposition with significant potential for long-term returns. This is a truly exceptional opportunity for discerning investors seeking a reliable and profitable addition to their holdings.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $475,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $360,000
- Mixed-Use
- $455,000
- Hospitality
- $450,000
- Educational
- $440,000
- Residential Income
- $405,000
- Energy
- $435,000
- Income-Based Land
- $470,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.2717
- Latitude
- 40.6987
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
