2104 Carson StPittsburgh, PA 15203

Property Details for 2104 Carson St

Year built

1868

Lot size

0.08 AC

Property type

Retail residential properties

APN

12-K-29

APU

12K29

Description

This exceptional three-story mixed-use building, located at 2104 E Carson St in Pittsburgh, Pennsylvania's vibrant Southside, presents a unique investment opportunity. The property boasts a total of approximately 4,876 square feet and is currently configured as a former restaurant. The first floor offers a fully equipped restaurant/bar space, ideal for immediate operation. The second floor provides ample space for catering functions and additional restaurant seating, enhancing operational capacity. All furniture, fixtures, and equipment are included, making this a truly turnkey operation. A separate liquor license is available for purchase. Adding to the versatility, a residential apartment occupies the third floor, offering potential for additional income or owner occupancy. Rear parking is available for convenience. The property is zoned LNC and benefits from high visibility in a bustling commercial area. This is an excellent opportunity for an experienced restaurateur or investor seeking a well-established location with significant potential. The asking price is $455,000. The property's prime location and existing infrastructure make it an attractive proposition for a variety of uses.

• CAP approach

  CAP return

  Valuation

  6%

  $848,951

  6.5%

  $783,647

  7%

  $727,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $521,953

  Geo Method

  $521,953

• Alternative Use

  Use

  Valuation

  Residential

  $783,647

  Hospitality

  $717,816

  Educational

  $597,215

  Medical

  $617,754

  Retail

  $929,001

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4282

Longitude

-79.976

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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