1 Dewey StEtna, PA 15223

  • Retail properties
  • 0.28 AC
For Sale
$699,000 View listing

Property Details for 1 Dewey St

Lot size
0.28 AC
Property type
Retail properties
Property subtype
Retail space
APN
222-N-292
APU
222N292

Description

This exceptional investment opportunity presents a thriving laundromat located at 1 Dewey St, Pittsburgh, PA 15223, within the Etna neighborhood of Allegheny County. Priced at $699,000, this turnkey business includes all operational machinery and equipment, ensuring a seamless transition for the new owner. Situated in a high-traffic area, the laundromat boasts a proven track record of consistent cash flow, making it an attractive proposition for investors seeking a stable and profitable venture. The sale includes all existing laundry equipment, eliminating the need for significant upfront capital expenditures. The business name is not included in the sale, allowing for branding flexibility and potential for increased market penetration under a new identity. This property presents a rare chance to acquire a well-established, profitable business in a desirable location, offering immediate returns and significant long-term growth potential. The property's precise location within Etna offers easy access to major transportation routes and a dense residential population, ensuring a steady stream of customers. This is a truly exceptional opportunity for savvy investors looking to expand their portfolio with a proven, cash-flowing asset. Detailed financial records are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,715,300
    6.5%
    $3,429,508
    7%
    $3,184,543
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,633,332
    Geo Method
    $4,240,583
  • Alternative Use

    Use
    Valuation
    Residential
    $2,892,918
    Hospitality
    $2,649,897
    Educational
    $2,204,684
    Medical
    $2,280,506
    Retail
    $3,429,508
1 Dewey St, Etna, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.5032
Longitude
-79.9487
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,936
$20,100
$82,300
$102,400
-
$20,100
$82,300
$102,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].