Multi-Use Restaurant/Tavern/Apartments/Tanning | 9.55% CAP
A rare investment opportunity!! Ann’s Chophouse has been family owned/operated for over 100 years with a generational customer base in a PRIME location in Bethel Park. With over 7,400sqft sitting on 1.17 flat acres (2 parcels), a daily traffic count of over 27,000 vehicles and 60+ parking spaces, this turn-key, income generating opportunity is ready for its legacy to continue. Large dining area w/ seating for over 150 guests, great for large group functions or casual dining. Completely updated / fully equipped kitchen (equipment does not convey w Sale). Full-service bar area seats 38 w/ tons of entertainment machines. Rental income: 3 apartments and Tanning Salon (long term tenants) 100% leased. In addition, Restaurant/bar business leased (5yrs + 5yr renewal) and operating fully. Full bldg pad (with basement) and all utilities at right rear of property (formally very busy ice cream shop-more INCOME). Don’t let this once in a lifetime opportunity slip away to become part of a 50-year tradition in the South Hills!!!
MULTIPLE UPDATES within last 3 years (Roof, Kitchen, Electrical System, Compressor and MORE!!). GOI/NOI, CAP rate in MLS attachments. SHOWINGS: Contact John Moses for ALL showings 412.789.7261, listing agent will be present for all showings. SHOWING SCHEDULE: Based on approval of restaurant/bar tenant. Furniture/fixtures/liquor license does not convey. Information deemed reliable but not guaranteed. Buyer is exclusively responsible for the verification of any matter that is material to their decision-making process as it may pertain to this property.