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    FOR SALE
    Bars & Pubs

    900 Island Ave, McKees Rocks, PA 15136

    1,640 SF 0.13 ac lot Built 1920
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US73-1586394
    900 Island Ave, McKees Rocks, PA 15136 For Sale 1 / 47
    $175,000 1,640 SF
    900 Island Ave, McKees Rocks, PA 15136
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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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Alonzo Gilmore · 14 yrs held
    Alonzo Gilmore
    since 2011
    1 recorded transaction
    2011
    $32,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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