Property profile

900 Is Ave Mc Kees Rocks, PA 15136

OFF-MARKET
Bars & Pubs
Property ID
US73-1586394
1,640 SF 0.13 ac lot Built 1920
Individually Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property in McKees Rocks, PA, presents a lucrative investment opportunity. The main building encompasses a 4,950 square foot, three-story structure housing a 16-room hotel, a bar, and a restaurant. Built in 1920 and extensively renovated in 2015, the hotel boasts new windows, updated plumbing, three new hot water tanks, and three new furnaces with air conditioning hookups. A comprehensive fire suppression system, including fireproof entry doors and exit signs, ensures safety. The commercial kitchen is equipped with a new 7.5-foot hood, an Ansul fire suppression system, and a three-bowl stainless steel sink. A separate duplex, featuring a one-bedroom and a two-bedroom unit with month-to-month tenants, provides additional income streams. The duplex also includes an older garage. The property sits on a 0.13-acre lot and is zoned for commercial bar use. Its prime location offers easy access to Downtown Pittsburgh, the Rivers Casino, and the airport. This turnkey operation is ready for a new owner to capitalize on its existing revenue streams and further enhance its potential. The property includes two buildings, and the asking price is $235,000. The property's APN is 0074-J-00091-0000-00.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1920
Construction FRAME
Total area 1,640 SF
Lot 0.13 ac (5,853 SF)
APN 74-J-91
UPID US73-1586394

Cap rate & NOI

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

Location

900 Is Ave Mc Kees Rocks, PA 15136-2618
Mc Kees Rocks metro Census 464400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2011
1 recorded transaction
2011
$32,500

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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