About This Restaurant
Investment Highlights
Executive Summary
LOCATION, LOCATION, LOCATION...1 1/2 story brick rental income building in the heart of Aspinwall with an iconic, "Cheers" restaurant & bar is open and operating. Walking neighborhood with hundreds of roof tops, shopping, restaurants/bars, blocks from Rt 28 interchange, visibility from Freeport Road, large public surface lot within steps, income producing apartment and two car, integral parking garage attached. Rarely are commercial buildings for sale in this sought after borough! 13 minutes from downtown Pittsburgh. Draws from Fox Chapel, O'Hara Twp, Highland Park, Morningside, Shaler, Oakmont and many other surrounding towns.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar General Retail Storefront Retail/Office General Retail Storefront Retail/Residential Restaurant
- Building Size 3,157
- Building Class C
- Year Built 1962
- Price 725,000
- Price Per SF 230
- Percent Leased 100
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 1.21
- Land Acres 0.06 AC
Nearby Amenities & Transportation
| Retail | Fifth Third Bank | ||
| Retail | Giant Eagle | ||
| Retail | Starbucks | ||
| Retail | Chili's | ||
| Retail | Bank of America | ||
| Retail | Citizens Bank | ||
| Retail | KeyBank | ||
| Retail | Five Guys | ||
| Retail | Aladdin's Eatery | ||
| Retail | PNC Bank |
Property Taxes
| Parcel Number | 0122-C-00178-0000-00 | Improvements Assessment | $67,400 |
| Land Assessment | $197,300 | Total Assessment | $264,700 |
| Date Created: | 2024-07-16 04:18:12 | Last Updated: | 2024-07-16 04:18:12 |
| Address: | 211 Commercial Ave , Pittsburgh, Pennsylvania, 15215 | ||