Pittsburgh Neighborhood Bar & Restaurant With Rental Income

Pittsburgh PA

24 August, 2021

12:06 PM

Description

This classic bar is just a couple of minutes outside of Pittsburgh located on the main road. With a full kitchen, on-site parking, and no competition, it's a perfect bar/restaurant opportunity. The building includes 2 rental units above the bar that can be lived in or rented out for additional cash flow. The Numbers Asking Price: $985,000Includes Real EstateIncludes Allegheny County Liquor License valued at $80,000Gross Revenue: $600,000Cash Flow: $227,000-$250,000Square Footage: 3780 (whole building)First floor: 1380# of Seats: 88Listing Features FF&E: IncludedReal Estate: OwnedIncludes two rental units that produce $850 and $1250/moYear Established: 1994 Reason for Selling: Retiring