124 Brighton Ave Rochester, PA 15074-2204
- Turn key restaurants
- 3,318 SF
- 0.04 lot acres
Current Use by Public Records
- The Point Diner and Lounge / Lounge / Diner
- Good Bites Sandwiches & More / Catering Food And Drink Supplier
Property Details for 124 Brighton Ave
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.04 lot acres
- Property size
- 3,318 SF
- Property type
- Turn key restaurants
- APN
- 49-002-0902.000
- APU
- 490020902000
Description
This exceptional turn-key business opportunity in Rochester, PA, presents a rare chance to acquire a well-established bar and restaurant. Ideally situated directly off the Ohio River Boulevard, the property boasts a charming bar with classic wainscoting, a bright and spacious dining area, and a fully equipped kitchen. A clean hotel liquor license is included in the sale price, simplifying the transition for the new owner. Adding to its appeal, the property features a substantial second floor with original hardwood floors and plaster walls, presenting significant potential for additional income streams. This versatile space could be easily converted into meeting rooms, extra dining space, apartments, or other rental units. Two separate upstairs units, each with its own entrance and stunning Ohio River Boulevard and Rochester-Monaca Bridge views, offer further expansion possibilities. Recent improvements include a new roof and updated electrical systems on the ground floor, ensuring the property is well-maintained and ready for immediate operation. The 0.04-acre lot provides ample space for outdoor seating or other potential uses. This is a truly unique opportunity for a seasoned business owner or a first-time entrepreneur seeking a profitable venture in a desirable location. The property is priced at $320,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $135,000
- 6.5%
- $135,000
- 7%
- $120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $150,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $140,000
- Mixed-Use
- $150,000
- Hospitality
- $125,000
- Educational
- $110,000
- Residential Income
- $150,000
- Energy
- $150,000
- Income-Based Land
- $110,000
- Food Service
- $135,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.2815
- Latitude
- 40.7003
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
