609 Ann St - Storefront Retail/Residential FOR SALE


Homestead, PA 15120- Munhall
$749,000 USD
248-345-4090
609 Ann St, Homestead, PA for Sale
$749,000 USD
Storefront Retail/Residential - FOR SALE
1/70
null | 10% Cap Rate

609 Ann St
Homestead, PA 15120
Munhall


HIGHLIGHTS

  • beautifully restored and renovated bar/restaurant space with new garage door to outdoor patio
  • opportunity to expand brewery space
  • three occupied and renovated residential unit

OVERVIEW

Bring your vision for your very own commercial bar/restaurant space to life in this rare mixed-use opportunity near the Homestead Waterfront! Beautifully and completely renovated, this unique property combines ~3,000 square foot commercial space with a ~500 square foot private outdoor patio, brewery expansion potential, and three fully renovated and occupied residential apartments. This is an excellent property for someone who wants property that is already income-producing while they take time to build out their retail concept. With the sellers having completed the professional construction and renovation, 609 Ann Street is ready for its new owners to start their business and reap the benefits of having it ready to go. Rest easy knowing the commercial space features new flooring, drywall, plumbing, electrical, upgraded 2" gas line with rotary commercial meter capable of 1M BTU, preserved original bar woodwork/cabinetry, new patio garage door, stamped concrete patio, sound/TV hookups, commercial kitchen infrastructure, basement grease trap, full basement storage, and ADA-compliant restrooms currently being completed. Have you always wanted to brew your own beer? This property comes with a brewery-ready expansion space, which includes indoor trench drain, instant commercial hot water, and room for six brewing tanks. Bring your own brewer or consider leasing the space out to a brewer in town! Ample parking adjacent to the property, making it easy for your future patrons to come and go. Take advantage of this prime location near the Homestead Waterfront, shopping, entertainment, and popular nearby destinations including Golden Age Brewing and Rogue BBQ. The two additional residential 1BR/1BA units (approximately 500 square feet each) and one additional 2BR/1BA (approximately 800 square feet) on the second floor (with separate access, utilities, and extremely thick soundproofing) are fully renovated and currently rented, generating $2,400/month combined. This is an exceptional opportunity for an owner-user, investor, restaurant/bar operator, or brewery concept seeking multiple revenue streams and significant upside.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C1/R1

APN/PARCEL ID

0130-K-00137-0000-00

ASK ABOUT THIS PROPERTY

Tenille Metti BowlingHoward Hanna Real Estate ServicesMore Info
248-345-4090

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Tenille Metti BowlingHoward Hanna Real Estate ServicesMore Info
248-345-4090

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