Property profile

1562 Is Ave Mc Kees Rocks, PA 15136

OFF-MARKET
Turn key restaurants
Property ID
US73-1568944
0.3 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1562 Is Ave Mc Kees Rocks, PA 15136-2441
Mc Kees Rocks metro Census 462100 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2013
5 recorded transactions
2013
$290,000
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1562 Is Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message