1701 Buttermore BlvdConnellsville, PA 15425

Property Details for 1701 Buttermore Blvd

Lot size

0.58 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

04-34-0012-01

APU

434001201

Description

This exceptional turnkey opportunity presents a former neighborhood restaurant located at 1701 Buttermore Boulevard in Connellsville, Pennsylvania. Situated on a 0.58-acre lot, this property offers significant potential for a new owner to capitalize on an existing infrastructure and established location. The sale includes all fixtures, furniture, and equipment (FF&E), eliminating the significant upfront investment typically associated with starting a restaurant from scratch. The building's square footage is not currently specified, however, the ample 0.58-acre lot provides significant outdoor space, potentially suitable for expansion, outdoor seating, or parking. The property's history as a successful neighborhood restaurant suggests a strong foundation for continued operation, or alternatively, the space could be adapted for a variety of other commercial uses, subject to any necessary permits and approvals. This is a rare chance to acquire a ready-to-operate commercial property in a well-established location, offering immediate potential for revenue generation. The asking price for this property is $320,000. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed information regarding the building's interior layout and specifications can be provided upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $8,809,154

  6.5%

  $8,131,527

  7%

  $7,550,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,685,905

  Geo Method

  $12,685,905

• Alternative Use

  Use

  Valuation

  Residential

  $6,859,248

  Hospitality

  $6,283,034

  Educational

  $5,227,410

  Medical

  $5,407,189

  Retail

  $8,131,527

Location Insight

City

Connellsville

County

Fayette

State

Pennsylvania

Latitude

40.0375

Longitude

-79.5774

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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