124 Brighton AveRochester, PA 15074

Property Details for 124 Brighton Ave

Year built

1920

Construction

BRICK

Lot size

0.04 AC

Property size (Sq ft)

3,318 SF

Property type

Turn key restaurants

APN

49-002-0902.000

APU

490020902000

Description

This exceptional turn-key business opportunity in Rochester, PA, presents a rare chance to acquire a well-established bar and restaurant. Ideally situated directly off the Ohio River Boulevard, the property boasts a charming bar with classic wainscoting, a bright and spacious dining area, and a fully equipped kitchen. A clean hotel liquor license is included in the sale price, simplifying the transition for the new owner. Adding to its appeal, the property features a substantial second floor with original hardwood floors and plaster walls, presenting significant potential for additional income streams. This versatile space could be easily converted into meeting rooms, extra dining space, apartments, or other rental units. Two separate upstairs units, each with its own entrance and stunning Ohio River Boulevard and Rochester-Monaca Bridge views, offer further expansion possibilities. Recent improvements include a new roof and updated electrical systems on the ground floor, ensuring the property is well-maintained and ready for immediate operation. The 0.04-acre lot provides ample space for outdoor seating or other potential uses. This is a truly unique opportunity for a seasoned business owner or a first-time entrepreneur seeking a profitable venture in a desirable location. The property is priced at $320,000.

• CAP approach

  CAP return

  Valuation

  6%

  $927,581

  6.5%

  $856,229

  7%

  $795,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $782,122

  Geo Method

  $782,122

• Alternative Use

  Use

  Valuation

  Residential

  $722,261

  Hospitality

  $661,587

  Educational

  $550,433

  Medical

  $569,363

  Retail

  $856,229

Location Insight

City

Rochester

County

Beaver

State

Pennsylvania

Latitude

40.7003

Longitude

-80.2815

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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