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Property profile & analytics
FOR SALE
Retail residential properties

608 Washington Ave Bridgeville, PA 15017

0.14 ac lot
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US73-0529272
Property summary
AI-generated overview

This exceptional Bridgeville, PA mixed-use property presents a compelling investment opportunity. Located at 608 Washington Ave, this stabilized investment boasts a 5.94% cap rate and a strong NOI of $59,382. The 4,812 square foot building features a thriving ground-floor bar, the Crafty Jackalope, attracting a consistent clientele. Above the commercial space are four residential units, each providing additional income streams. The property's strategic location on Washington Avenue ensures high visibility and accessibility, benefiting both commercial and residential occupants. With a total asking price of $1,000,000 ($200,000 per unit and $207.81 per square foot), this property offers a blend of immediate returns and long-term value growth. The Allegheny County property (APN: 0255-N-00058-0000-00, Zip: 15017) is a turnkey operation, ideal for investors seeking diverse income streams and a strong cash flow. The combination of a successful commercial tenant and residential units makes this a truly unique investment opportunity in a vibrant community. This is a rare chance to acquire a well-established, high-performing mixed-use property in a desirable location.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Lot 0.14 ac (6,000 SF)
APN 255-N-58
UPID US73-0529272
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
  • M J Dental Lab Dental Office
  • The Crafty Jackalope Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ronald C Longo · 15 yrs held
Ronald C Longo
since 2011
4 recorded transactions
2011
$390,000
2002
$310,000
1997
$250,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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