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    OFF-MARKET
    Turn key restaurants

    1562 Is Ave, Mc Kees Rocks, PA 15136-2441

    0.3 ac lot
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US73-1568944
    Property summary
    AI-generated overview

    Prime McKees Rocks restaurant and pub, "Jabby Joe's," is available for sale. This turnkey opportunity includes the real estate and a liqueur license. The 6,717 square foot, two-story building sits on a 12,851 square foot lot and boasts ample parking for approximately 50 vehicles, supplemented by on-street parking and two handicap-accessible spots. Built in 1945, the property is zoned RC1, RC2, and features three full-service bars, two dining areas, and a banquet facility. The interior includes two restrooms, a sushi bar, and numerous televisions. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $1,295,000. The property enjoys a high-traffic location at the intersection of Neville Avenue and Route 51 (Island Avenue), benefiting from over 8,000 vehicles passing daily. This established business, formerly known as Rocky's Pub, has operated successfully since 1997, making it a well-known and beloved local establishment. The sale presents a unique opportunity to acquire a profitable business with significant potential for growth in a desirable location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 0.3 ac (12,851 SF)
    APN 112-F-242
    UPID US73-1568944
    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
    Current use
    Occupant on record · Public records
    • Jabby Joe's Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cps Realty LLC · 12 yrs held
    Cps Realty LLC
    since 2013
    5 recorded transactions
    2013
    $290,000
    2001
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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