221 2nd Ave, Carnegie, PA 15106-2506
This exceptional turnkey restaurant space at 221 2nd Avenue in Carnegie, Pennsylvania, is available for $385,000. Boasting 1,901 square feet, this vacant retail property offers a unique opportunity for a seamless business launch. Previously a pizza shop, the space comes fully equipped with essential commercial kitchen features, including a walk-in cooler and a large hood system. The property also benefits from pre-installed sound and security systems, minimizing initial setup costs and maximizing operational efficiency. Located in Allegheny County, with a zip code of 15106, this property enjoys a highly visible and accessible location within Carnegie's commercial district, ensuring high foot traffic and excellent visibility for any new business. The asking price of $385,000 translates to $202.52 per square foot, representing a compelling value proposition for a fully equipped and ready-to-operate restaurant space. This is an ideal opportunity for a fast-casual restaurant or similar concept seeking a prime location in a thriving community. The property's existing infrastructure significantly reduces the time and expense associated with starting a new business, allowing for a rapid and efficient transition to operations.
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.