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Property profile & analytics
FOR LEASE
Investment properties

145 E 8 Ave Homestead, PA 15120

0.18 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-0560203
Property summary
AI-generated overview

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 profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.18 ac (7,761 SF)
APN 130-K-196
UPID US73-0560203
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Eighth Ave Associates LLC · 11 yrs held
Eighth Ave Associates LLC
since 2015
3 recorded transactions
2020
Price N/A
2015
$350,000
2000
$210,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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