1801 Pennsylvania Ave, Weirton, WV 26062
For Sale
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This exceptional 6,400 square foot commercial property located at 1801 Pennsylvania Avenue in Weirton, West Virginia, presents a unique investment opportunity. Situated on a 0.32-acre lot, the building currently houses a thriving catering business and a fully equipped restaurant/bar space. The restaurant area is ready for immediate operation, featuring ample seating with tables and chairs, four televisions, a new computerized register system, keg and drop coolers, an ice machine, a fountain system, a flat top grill, fryers, a ten-burner stove, ovens, refrigerators, freezers, and a new hot water tank. The catering business, operating under the name Geometti Catering, boasts a full booking schedule extending through October 2024, servicing a diverse clientele with events ranging from weddings and graduations to corporate functions and movie screenings (licensed for a 25-foot screen). This turnkey operation offers a seamless transition for a new owner, with the existing tenant/caterer available to provide support and ensure a smooth handover. A new lease will be negotiated between the new owner and the current tenant. The property's versatility and established business operations make it an attractive prospect for investors seeking a profitable and established commercial venture. The asking price is $179,900.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.