1017 Highland Ave - Restaurant FOR SALE


Greensburg, PA 15601
$375,000 USD
724-309-1758
1017 Highland Ave, Greensburg, PA for Sale
$375,000 USD
Restaurant - FOR SALE
1/42
null | Request Cap Rate

1017 Highland Ave
Greensburg, PA 15601


HIGHLIGHTS

  • Fully Equipped Turnkey Kitchen
  • Income-Producing Apartment Included
  • Outdoor Patio for Seasonal Seating
  • Built-In Daytime Customer Base
  • Custom Stainless Steel Equipment
  • Perfect Set Up for Grab-and-Go or Quick Serve Cafe

OVERVIEW

Open the door to your dream coffee shop, bakery, pizza shop, or deli. 1017 Highland Ave in Greensburg is set up and waiting; the hard part is done, and all you need to do is bring your ideas to life! The first floor is a fully equipped restaurant space: a ready dining room, a grab-and-go cooler, a triple-deck pizza oven, mixer, stainless prep tables, a walk-in cooler, and a freezer—everything you need to start serving. Outside, there is a patio, covered entrance, exterior lighting, and ample parking. Two ADA restrooms were added in 2012, and the property is well-maintained. What makes this location work is its surroundings. The corridor is a hub of light manufacturing, distribution, specialty trades, and professional services. Contractors, offices, and other businesses are concentrated here, workers who need a reliable lunch spot. A conservative estimate puts 1,200 to 2,500 workers within a one-mile radius. Westmoreland Hospital is 0.6 miles away, and the County Courthouse is just a mile, both have staff that need early coffee, a quick lunch, and catering—this kitchen and cooler are up for the job. With 130-ft frontage, a 12-car lot, and a visible sign, it's easy for 2,500-4,000 daily passersby, including the local delivery drivers using Highland Avenue, to spot you. Upstairs is a 2-bedroom apartment currently rented month-to-month for $1,205/month. That flexibility is useful for a new buyer. You can continue renting it and let the income help offset your mortgage or startup costs. Or, if you want to be close to your business while you're getting things off the ground, you can live here. The property is permitted by variance for restaurant use, and all its systems are operational. Every great neighborhood spot started with someone who decided to jump in. Take the leap—schedule a tour and see if this is your opportunity to launch your business today.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

RES

APN/PARCEL ID

10-04-11-0-062

ASK ABOUT THIS PROPERTY

Christa RossRE/MAX Select Realty - East End OfficeMore Info
724-309-1758

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Christa RossRE/MAX Select Realty - East End OfficeMore Info
724-309-1758

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.