Bar-Restaurant-16 Room Hotel-2 Apartments | 900 Island Ave
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Bar-Restaurant-16 Room Hotel-2 Apartments 900 Island Ave
6,600 SF 28% Leased Retail Building Mc Kees Rocks, PA 15136 $235,000 ($36/SF)
Investment Highlights
- Bar, Restaurant, 16 room Hotel building in one 3 story building with 4950 sq ft space
- Hotel building has new windows, updated plumbing, 3 hot water tanks, 3 new furnaces with duct work and A/C ready hookups
- New 7.5 ft Hood with Ansul Fire Suppression System in kitchen and 3 Bowl Stainless Steel Sink in Kitchen
- Tenant Occupied Duplex Apartment - 1 Bedroom unit and a 2 Bedroom Unit
- Fire system throughout including fireproof entry doors with appropriate exit signs
- Minutes to Downtown Pittsburgh, Rivers Casino in North Shore and Airport
Executive Summary
Invest in this property that includes a bar, restaurant and 16 room 3 story hotel and 2 apartments in a tenant occupied duplex! Owner has renovated many parts of the hotel building! It has new windows, updated plumbing, 3 new hot water tanks, 3 new furnaces with duct work and A/C ready hookups. It has a fire system throughout including fireproof entry doors with appropriate exit signs, commercial kitchen has a new stainless steel 7.5 ft hood with ansul fire suppression system and 3 bowl stainless steel sink, and grease trap. The bar has bar counter and stools and bar amenities. This building is waiting for your finishing renovations to get it into operation! Hotel Liquor license easily obtained. Tenant occupied duplex is on the same parcel - one bedroom unit and a 2 bedroom unit. Tenants are month-to month. Old garage in the back of the duplex. Use this as a hotel or an AirBnB! Bus stop hut across the street, street parking available. Minutes to Downtown Pittsburgh, Rivers Casino in North Shore and Airport.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,268
|
$0.19
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,268
|
$0.19
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $1,268 |
| Annual Per SF | $0.19 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,268 |
| Annual Per SF | $0.19 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,600 SF
Building Class
C
Year Built
1920
Price
$235,000
Price Per SF
$36
Percent Leased
28%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.17
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial - Bar
Parking
5 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Restaurant
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0074-J-00091-0000-00 | Total Assessment | $30,100 |
| Land Assessment | $17,900 | Annual Taxes | $1,268 ($0.19/SF) |
| Improvements Assessment | $12,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0074-J-00091-0000-00
Land Assessment
$17,900
Improvements Assessment
$12,200
Total Assessment
$30,100
Annual Taxes
$1,268 ($0.19/SF)
Tax Year
2024
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Bar-Restaurant-16 Room Hotel-2 Apartments | 900 Island Ave
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