900 Park Ave

900 Park Ave , Pittsburgh, Pennsylvania, 15234 | 1,500 sq.f | $ 649,900

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About This Restaurant

Investment Highlights

LIQUOR LICENSE RESTAURANT EQUIPMENT DUAL STREAM INCOME (7) 1 BEDROOM APARTMENTS LOCATION

Executive Summary

Immerse yourself in the heartbeat of community living in this vibrant neighborhood. Quaint brick sidewalks lead the way to a treasure trove of small businesses, each adding its unique flavor to the local scene. The main trolley line weaves through, infusing the area with nostalgic charm and easy connectivity. Street parking adds a touch of convenience, inviting you to explore the neighborhood?s diverse offerings with every step. Welcome to a dynamic tapestry where small businesses thrive, history is embraced, and every corner tells a story. For sale is the iconic corner location, Kimmie's Lounge & Restaurant -- offering a main level bar and restaurant, full kitchen, two full bathrooms, and a lower level game room. Above the bar, houses (7) one bedrooms -- boarding style with communal washrooms offering a second stream of income. Included in the purchase is the LIQUOR LICENSE, bar & kitchen equipment, and real estate.

Property Details

  • Sale Type    Investment
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Bar General Retail Restaurant Storefront Retail/Residential
  • Building Size    1,500
  • Building Class    C
  • Year Built    1900
  • Price    649,900
  • Price Per SF    433
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.05
  • Land Acres    0.63 AC

Amenities

  • Bus Line
  • Commuter Rail

Property Taxes

Parcel Number 0243-S-00056-0000-00 Improvements Assessment $143,000
Land Assessment $557,000 Total Assessment $700,000
Date Created: 2024-07-16 04:18:11 Last Updated: 2024-07-16 04:18:11
Address: 900 Park Ave , Pittsburgh, Pennsylvania, 15234