225 Main StMonongahela, PA 15063

Property Details for 225 Main St

Lot size

0.09 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

430-003-00-01-0007-00

APU

4300030001000700

Description

This unique 0.09-acre property at 225 W Main Street, Monongahela, PA, presents a compelling investment opportunity. Currently priced at $100,000, the building sustained interior fire damage, offering a blank canvas for redevelopment. Its prime location directly across from the Monongahela Aquatorium and the river provides exceptional visibility and access to the numerous events held throughout the year. The property's previous use as a thriving establishment, even hosting a World Pool Championship, highlights its potential for a successful business venture. The substantial covered outdoor space is ideal for enjoying Aquatorium concerts or hosting live entertainment. While the liquor license is not included in the sale price, it is available for separate purchase. This presents a rare chance to establish a new business in a high-traffic area with significant community interest. The building's size is not specified, but the substantial outdoor space and prime location make this a unique opportunity for an entrepreneur with vision. The property's history as a successful venue, combined with its current condition and desirable location, makes it an attractive proposition for those seeking a project with high potential for return. The buyer will be responsible for all necessary renovations and permits.

• CAP approach

  CAP return

  Valuation

  6%

  $1,402,299

  6.5%

  $1,294,430

  7%

  $1,201,971

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,019,426

  Geo Method

  $2,019,426

• Alternative Use

  Use

  Valuation

  Residential

  $1,091,900

  Hospitality

  $1,000,175

  Educational

  $832,134

  Medical

  $860,752

  Retail

  $1,294,430

Location Insight

City

Monongahela

County

Washington

State

Pennsylvania

Latitude

40.2022

Longitude

-79.9245

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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