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Airbrake Grill 756 Airbrake Ave

1,312 SF 100% Leased Retail Building Wilmerding, PA 15148 $250,000 ($191/SF)

Executive Summary

Enormous income potential! Two buildings on one parcel! BUILDING 1 is newer construction (1998) and features two retail storefronts with two, 2 bedroom apartments on the second floor. Space 1 on the 1st floor is the former Airbrake Grill. A successful (Currently closed) takeout restaurant with commercial kitchen complete with stainless Ansul hood system, oven, three basin sink, prep tables, commercial refrigerator, etc. Space 2 on the 1st floor is unfinished, but framed and plumbed for a coin operated laundry. The two second floor apartments are also unfinished, but framed and plumbed as well. BUILDING 2 is a brick three bedroom residential rental property (Currently Vacant) that sits on the rear of the parcel fronting Middle Ave. Postal address is 759 Middle Ave.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,312 SF
Building Class
C
Year Built
1998
Price
$250,000
Price Per SF
$191
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C - Commercial - small detached retail
Frontage
48 FT on Airbrake Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0545-J-00137-0000-00
Land Assessment
$33,800
Improvements Assessment
$81,200
Total Assessment
$115,000
  • Listing ID: 18418482

  • Date on Market: 2/5/2020

  • Last Updated:

  • Address: 756 Airbrake Ave, Wilmerding, PA 15148

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