Double S Saloon Business-Build-Apt-Lot FOR SALE


Mckeesport, PA - McKeesport-White Oak
$830,000 USD
412-266-2507
, Mckeesport, PA for Sale
$830,000 USD
FOR SALE
1/16
null | 6.21% Cap Rate

Double S Saloon Business-Build-Apt-Lot
Mckeesport, PA
McKeesport-White Oak


HIGHLIGHTS

  • Double S Saloon Bar Business and Equipment, 3 Apartments and Vacant Parking Lot
  • Restaurant Liquor License with Amusement (Entertainment) and Sunday Sales permits ($135K value)
  • Skill Games & ATM Revenue
  • CIAA Exception, Tobacco & Cigarette sales
  • Location is across for UPMC Mckeesport Hospital on the East Suburbs of Pittsburgh, PA

OVERVIEW

Invest in “Double S Saloon” bar business, 3 apartments & vacant parking lot. Income generated from real estate income is a 6.21% CAP rate not including bar income! Monthly real estate revenue totals - $5,140/mo = 1 bd apt-$750/mo, 2 bd apt-$650/mo, 3 bd apt(being renovated now)-$900/mo, Bar and Office-$2,800/mo, 2 parking spots-$60/mo. Bar includes restaurant liquor license w amusement/entertainment & Sunday sales permits ($135K value) + Skill Games & ATM revenue, CIAA Exception, tobacco & cigarette sales + all equipment & stock. Bar revenue from ATM, Skills Games, Alcohol and Food sales is additional revenue not in gross annual income state. This multi parcel real estate sale with bar business, liquor license & equipment, apt over commercial @ 610 Evans St, Duplex @ 608 Evans St & vacant lot @ 700 Evans St is to be sold together. Located across from UPMC Hospital on the East Suburbs of Pittsburgh,PA. Don't miss out on this cash cow investment opportunity! Three parcels incude: 610 Evans - 0307-M-00191-0000-00 608 Evans - 0307-M-00192-0000-00 700 Evans - 0307-M-00218-0000-00; C-5 (Health and Services District) Zoning. Bar revenue to be disclosed to qualified buyers. Buyers encouraged to visit Double S Saloon bar during operating hours.

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Susan PittmanKW CommercialMore Info
412-266-2507

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Susan PittmanKW CommercialMore Info
412-266-2507

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