1507 Duss Ave Ambridge, PA 15003-1929
- Grocery and convenience stores
- 3,036 SF
- 0.07 lot acres
Current Use by Public Records
- Penny's Delight / Restaurant
Property Details for 1507 Duss Ave
- Year built
- 1930
- Construction
- BRICK
- Lot size
- 0.07 lot acres
- Property size
- 3,036 SF
- Property type
- Grocery and convenience stores
- APN
- 12-007-0202.000
- APU
- 120070202000
Description
This exceptional investment opportunity in Ambridge, PA, presents a fully operational restaurant poised for immediate success. Priced at $140,000, the property includes a substantial restaurant ready for new ownership, generating additional rental income from an upstairs apartment and garages. The sale also encompasses an adjacent house and lot, offering significant expansion potential or the possibility of separate sale. The 0.07-acre lot provides ample space for outdoor seating or further development. The existing restaurant's operational status allows for a seamless transition, minimizing downtime and maximizing return on investment. The inclusion of the rental apartment and garages provides a consistent stream of passive income, enhancing the overall profitability of the property. The adjacent house and lot present a unique opportunity to expand the business, create additional rental units, or sell separately to increase overall revenue. This versatile property is ideal for an experienced restaurateur seeking to establish a thriving business or an investor looking for a strong return on investment with multiple income streams. The property's location in Ambridge offers convenient access to local amenities and a strong customer base. This is a rare chance to acquire a turnkey restaurant with significant upside potential. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $130,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $125,000
- Mixed-Use
- $140,000
- Hospitality
- $130,000
- Educational
- $115,000
- Residential Income
- $120,000
- Energy
- $120,000
- Income-Based Land
- $150,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- Ambridge
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.2265
- Latitude
- 40.5982
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
