5102 Baum BlvdPittsburgh, PA 15224

Property Details for 5102 Baum Blvd

Lot size

0.13 AC

Property type

Retail residential properties

APN

51-K-262

APU

51K262

Description

A thriving Shadyside restaurant is available for lease and sale, presenting a unique opportunity for culinary entrepreneurs. This 2,400 square foot establishment enjoys a prime location within a vibrant submarket, attracting a consistent clientele seeking high-quality dining experiences. The sale includes an existing, well-regarded business with an established customer base and reputation. The property features a spacious layout encompassing a bar and dining area, a versatile upstairs banquet hall with ample table seating, a fully equipped kitchen with a walk-in refrigerator and substantial storage areas. The current configuration is ideal for immediate operation, minimizing start-up costs and allowing for a seamless transition. The restaurant's operational efficiency is further enhanced by an additional 400 square feet of basement space, providing valuable extra storage or potential for expansion. This turnkey operation offers a rare chance to acquire a profitable business in a desirable location, ready for immediate revenue generation. The lease terms are favorable for prospective buyers looking to establish or expand their culinary ventures. This is an exceptional opportunity to capitalize on an existing successful business and its loyal customer base in a thriving neighborhood. Don't miss this chance to become part of Shadyside's vibrant culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $1,519,074

  6.5%

  $1,402,222

  7%

  $1,302,064

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,369,550

  Geo Method

  $1,369,550

• Alternative Use

  Use

  Valuation

  Residential

  $1,402,222

  Hospitality

  $1,284,428

  Educational

  $1,068,629

  Medical

  $1,105,381

  Retail

  $1,662,312

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4552

Longitude

-79.9436

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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