121 Main StEvans City, PA 16033

  • Retail properties
  • 0.12 AC
For Lease

Property Details for 121 Main St

Lot size
0.12 AC
Property type
Retail properties
Property subtype
Retail space
APN
400 S1 A2A0000
APU
400S1A2A0000

Description

This exceptional 2,500-square-foot turnkey brewery in Evans City, Pennsylvania, presents a unique investment opportunity. Located at 121 E Main St, this single-tenant retail space boasts all necessary furniture, fixtures, and equipment (FF&E), including a liquor license, ensuring a seamless transition for the new owner. The property sits on a 0.12-acre lot and offers street parking for patrons. The building's prime location on E Main Street provides excellent visibility and accessibility within the thriving Evans City community. The interior space totals 2,500 square feet, currently vacant and ready for immediate occupancy. This turnkey operation eliminates the need for extensive setup and allows for a quick start to business operations. The inclusion of a liquor license significantly streamlines the process for a new owner, eliminating a major hurdle in the establishment of a brewery. Located in Butler County, Pennsylvania, zip code 16033, this property offers a rare chance to acquire a fully operational brewery in a desirable location. The property's size and features make it ideal for a brewery operation, and its location ensures high visibility and accessibility for customers. The existing infrastructure and included assets represent a significant value proposition for prospective buyers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,461,262
    6.5%
    $1,348,857
    7%
    $1,252,510
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,232,113
    Geo Method
    $1,232,113
  • Alternative Use

    Use
    Valuation
    Residential
    $1,137,812
    Hospitality
    $1,042,229
    Educational
    $867,123
    Medical
    $896,944
    Retail
    $1,348,857
121 Main St, Evans City, Pennsylvania

Location Insight

City
Evans City
County
Butler
State
Pennsylvania
Latitude
40.7694
Longitude
-80.0637
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
$1,515
$2,506
$8,773
$11,279
-
-
$11,279
$11,279

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