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2060 Ardmore Blvd Pittsburgh, PA 15221

Turn key restaurants Google Maps
0.92 ac lot
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US73-0536438

Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Forest Hills, Pennsylvania, is situated on a 0.92-acre lot (40,102 sq ft) and boasts a spacious 3,719 sq ft building. The property includes a 138-seat dining area, a welcoming outdoor patio perfect for al fresco dining, and a 688 sq ft basement housing employee facilities. The fully equipped commercial kitchen features a complete Ansel system, ovens, fryers, a commercial dishwasher, and ample walk-in cooler and freezer space. The property offers 50 parking spaces for patrons and staff. This established restaurant, a community fixture for years, presents a unique chance to acquire a well-maintained property with significant potential. Located at 2060 Ardmore Blvd, Pittsburgh, PA 15221, this property is listed at $1,500,000 and has an Allegheny County tax assessment of $18,442. The MLS number is 1621227. This is a rare chance to own a thriving business in a desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.92 ac (40,102 SF)
APN 300-H-160
UPID US73-0536438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
3 recorded transactions
2019
$558,000
2019
Price N/A
2001
$103,000

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
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