1604 Jefferson AveWashington, PA 15301

Property Details for 1604 Jefferson Ave

Year built

1966

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a thriving Quick Service Restaurant/Fast Food establishment located at 1604 Jefferson Ave, Washington, PA 15301. The property, built in 1966, is a single-story, Class B building encompassing 1 unit with 15 parking spaces. The 100% occupied property boasts a strong net operating income (NOI) of $45,000 and is offered at an asking price of $279,000. The lease is a Net Net (NN) single-tenancy agreement. The business includes all fixtures, furniture, and equipment (FF&E) and inventory. The seller, who has operated the business for over 40 years, handles all utilities (gas, electric, water, and garbage). The business operates 24 hours a day, is largely maintenance-free, and requires no employees. Sales are consistently increasing, making this a highly attractive owner-user investment. The property is zoned Commercial and is situated on a busy road in Washington, PA, ensuring high visibility and accessibility. The occupancy date is September 30, 2024. This is a turnkey operation with excellent potential for continued growth. This is a business-only sale

Location Insight

City

Washington

County

Washington

State

Pennsylvania

Latitude

40.189

Longitude

-80.2732

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